WHO: Cadence Design Systems, Inc. (Nasdaq: CDNS) is the world's leading electronic design automation company. WHAT: Cadence(R) is seeking funding proposals from Silicon Valley nonprofit organizations to be the beneficiary of its 2006 Stars & Strikes(R) fundraising events. Underwritten by Cadence, the Stars & Strikes bowling competition is their flagship event that brings together local companies to raise funds for Silicon Valley charities. Projects that will be considered are renovation or new construction that improve or increases the nonprofit organization's ability to provide services that will have lasting impact on those served, as well as on the community. Since the amount raised will exceed $500,000, Cadence looks for lead or capstone contribution opportunities. Leveraged or matched funding resulting from the Stars & Strikes contribution is highly desirable. WHERE: Submit proposals to Kathy Wheeler at kwheeler@cadence.com or mail to her attention at Cadence Design Systems, Inc., 2655 Seely Ave., Building 5, San Jose, CA 95134. WHEN: Deadline for proposals is 5 p.m. Friday, Dec. 16, 2005.
About the Stars & Strikes Fundraising Event
In May 2005, the Stars & Strikes event raised over $1,000,000 for the Fisher House Foundation, which is building a "comfort home" for the families of veterans and active duty military personnel under the care of the VA Hospital in Palo Alto; as well as supporting the community outreach efforts of the San Francisco 49ers Foundation. Since the fundraising event began in 1990, Stars & Strikes has raised more than $7.5 million for local community organizations. Past beneficiaries include InnVision, Resource Area for Teachers, The Bill Wilson Center and the Children's Discovery Museum, to name a few.
Contact:
Cadence Design Systems, Inc. Kathy Wheeler, 408-428-5993 (Community Involvement) Email Contact Nancy Szymanski, 408-473-8382 (Corporate Public Relations) Email Contact