Cadence Filed Form 12b-25: Notification of Late Filing With Respect to Its Quarterly Report on Form 10-Q

Cadence's management believes that non-GAAP net income or net loss provides useful supplemental information to Cadence's management and investors regarding the performance of the company's business operations and facilitates comparisons to the company's historical operating results. Cadence's management also uses this information internally for forecasting and budgeting. Non-GAAP financial measures should not be considered as a substitute for or superior to measures of financial performance prepared in accordance with GAAP. Investors and potential investors are encouraged to review the reconciliation of non-GAAP financial measures contained within this press release with their most directly comparable GAAP financial results.

The following tables reconcile the specific items excluded from estimated GAAP net loss and estimated GAAP net loss per fully diluted share in the calculation of estimated non-GAAP net loss and estimated non-GAAP net loss per fully diluted share for the periods shown below:


Estimated Diluted Net Loss per Share Reconciliation       Quarter Ended
                                                       September 27, 2008
                                                       -------------------
                                                            Estimated
                                                       -------------------
                                                           (unaudited)

Diluted net loss per share on a GAAP basis             $ (0.67) to $ (0.65)

  Amortization of acquired intangibles                         0.04
  Stock-based compensation expense                             0.06
  Costs related to Cadence's withdrawn proposal
   to acquire Mentor Graphics Corporation                      0.01
  Restructuring and other charges                              0.19
  Equity in losses from investments, write-down of
   investments, gains and losses on non-qualified
   deferred compensation plan assets                           0.01
  Loss on sale of Mentor Graphics Corporation shares           0.04
  Income tax related to repatriation of foreign
   earnings                                                    0.28
  Income tax effect of non-GAAP adjustments                   (0.05)
                                                       -------------------
Diluted net loss per share on a non-GAAP basis         $ (0.09) to $ (0.07)
                                                       ===================




Estimated Net Loss Reconciliation                         Quarter Ended
 ($ in millions)                                        September 27, 2008
                                                       -------------------
                                                            Estimated
                                                       -------------------
                                                           (unaudited)

Net loss on a GAAP basis                               $  (170) to  $ (164)

  Amortization of acquired intangibles                          11
  Stock-based compensation expense                              15
  Costs related to Cadence's withdrawn proposal to
   acquire Mentor Graphics Corporation                          3
  Restructuring and other charges                               48
  Equity in losses from investments, write-down of
   investments, gains and losses on non-qualified
   deferred compensation plan assets                            3
  Loss on sale of Mentor Graphics Corporation shares            9
  Income tax related to repatriation of foreign
   earnings                                                     71
    Income  tax  effect  of  non-GAAP  adjustments                                      (13)
                                                                                                              -------------------
Net  loss  on  a  Non-GAAP  basis                                                      $    (23)    to  $    (17)
                                                                                                              ===================
 




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