Mike Fister, President and Chief Executive Officer, Cadence Design Systems, Inc.,
Rings The NASDAQ Stock Market Opening Bell

Wednesday, November 1, 2006
at Cadence Headquarters
in San Jose, California

Cadence Design Systems, Inc.
[CDNS]

Mike Fister, President and Chief Executive Officer, Cadence Design Systems, Inc. will preside over the opening bell.
One year ago, Cadence Design Systems, Inc. (Nasdaq:CDNS), the leader in global electronic-design innovation, became the first dual-listed company to move to a sole listing on the NASDAQ Stock Market. In celebration of this one-year anniversary, Cadence Design Systems, Inc. (CDNS) will ring the NASDAQ opening bell live from their San Jose, California headquarters. Seven companies have switched from the NYSE to the NASDAQ since 2005. The ceremony will be simultaneously showcased live on NASDAQ's seven-story Tower in Times Square, New York. The Opening Bell is a ceremonial event that represents The NASDAQ Stock Market's virtual market model. As a result, NASDAQ can be opened from any location bringing together investors and market participants from around the world to mark the beginning of the trading day.

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 5,200 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.

Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 11/1/2006 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Mike Fister, President and Chief Executive Officer, Cadence Design Systems, Inc., signs the podium, signifying the start of the trading day. These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.