WHO:

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

WHAT:

You are invited to attend the third quarter 2008 financial results audio Webcast. Participating on the Webcast will be Lip-Bu Tan, interim vice chairman of Cadence's board, and Kevin Palatnik, senior vice president and chief financial officer.

WHEN:

The Webcast will begin Wednesday, Oct. 22, 2008 at 2 p.m. (Pacific)/5 p.m. (Eastern). An archive of the Webcast will be available from 5 p.m. (Pacific) Oct. 22 until 5 p.m. (Pacific) Oct. 29.

WHERE:

The Webcast will be available online at: www.cadence.com/company/investor_relations

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

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