SAN JOSE, Calif.—(BUSINESS WIRE)—Sept. 2, 2004— Cadence Design Systems, Inc. (NYSE: CDN)(Nasdaq: CDN) announced that on July 16, 2004, the NASDAQ stock exchange approved the company's listing application. With this approval, Cadence can be traded on the Nasdaq National Market, as well as the New York Stock Exchange (NYSE). This positions Cadence alongside only six other innovative companies that provide their investors with additional liquidity and choice, when executing trades in common stock securities. Cadence's ticker symbol on both the NYSE and NASDAQ is CDN.

"Cadence is a strong believer in market competition and we are pleased to be in this group of forward-thinking companies who are listed on both exchanges," said Ray Bingham, Cadence executive chairman.

About Cadence

Cadence is the world's largest supplier of electronic design technologies and engineering services. Cadence products and services are used to accelerate and manage the design of semiconductors, computer systems, networking equipment, telecommunications equipment, consumer electronics, and other electronics based products. With approximately 4,850 employees and 2003 revenues of approximately $1.1 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and trades on both the New York Stock Exchange and NASDAQ under the symbol CDN. More information is available at www.cadence.com.

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Contact:

Cadence Design Systems, Inc.
Nancy Szymanski, 408-473-8382

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