"As the beneficiary of the Cadence Stars & Strikes fundraiser, we can complete our building in months rather than years," said Robert Hennessy, executive director of the San Jose Conservation Corps and Charter School. The Charter School will then have the facilities necessary to reach our goal of graduating 1,000 students each year by 2010, which will significantly impact the education of the future workforce in Silicon Valley."
The main event of the corporate fundraising effort, the Stars & Strikes bowling tournament, will take place Saturday, May 13. The San Francisco 49ers Foundation, which teamed with Cadence to provide the star power last year, will once again bring out players and coaches for the big event in 2006.
Cadence, the world's leading electronic design software provider, is headquartered in San Jose, Calif. Since 1990, the company has been raising money to meet community needs through its annual Stars & Strikes fundraising program and bowling tournament. With the fundraising expenses underwritten by Cadence, Stars & Strikes is one of the largest community events of its kind in Silicon Valley. The event provides an opportunity for Cadence's partners in business to come together as partners in the community, and every dollar raised together goes directly to the beneficiary. In the 16 years since its inception, more than $7.5 million has been raised to fund major programs and projects that provide significant benefits to local non-profit organizations and charities.
"Cadence seeks projects for our Stars & Strikes fundraiser that will have a long lasting impact on the community," said Mike Fister, president and CEO of Cadence Design Systems, Inc. "The San Jose Conservation Corps empowers willing young men and women to become responsible and productive citizens by providing them with a second opportunity for education and work experience. We feel privileged to support the program because of the difference it makes in the lives of these young people."
Companies interested in participating in the bowling event on May 13 may call Kathy Wheeler, Cadence's manager of global community involvement, at (408) 428-5993 or email kwheeler@cadence.com.
About Cadence
Cadence enables global electronic-design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. Cadence reported 2005 revenues of approximately $1.3 billion, and has approximately 5,000 employees. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry. More information about the company, its products, and services is available at www.cadence.com.
About the San Jose Conservation Corps
Founded in 1987, the SJCC has provided "at-risk" disadvantaged, young men and women with the academic education and hands-on learning. The SJCC also focuses on development of basic skills such as leadership, communication, computer literacy, and employment training that are needed to enter and succeed in the Silicon Valley skilled workforce. The SJCC offers secondary education courses through its on-site charter high school, and vocational education and job training through its Projects and Recycling Departments. Another program, YouthBuild San Jose, combines the mandatory academics with paid on-site job training in the high demand, high wage construction trades. More information is available at www.sjcccharterschool.org.
Cadence, the Cadence logo and Stars & Strikes are registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.
Contact:
Cadence Design Systems, Inc. Nancy Szymanski, 415-420-5008 Email Contact