WHO:

Cadence Design Systems, Inc. (NASDAQ: CDNS) to announce fourth quarter 2008 financial results via webcast.

WHAT:

You are invited to attend the fourth quarter 2008 financial results audio webcast. Participating on the webcast will be Lip-Bu Tan, president and chief executive officer, and Kevin S. Palatnik, senior vice president and chief financial officer.

WHEN:

The webcast will begin Wednesday, Feb. 4, 2009 at 2 p.m. (Pacific)/5 p.m. (Eastern). An archive of the webcast will be available from 5 p.m. (Pacific) Feb. 4 until 5 p.m. (Pacific) Feb. 11.

WHERE:

The webcast will be available online at: http://www.cadence.com/cadence/investor_relations/Pages/default.aspx

For more information, please contact:
Therese Papenfuss
Investor Relations
Cadence Design Systems, Inc.
408-944-7100

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