SAN JOSE, Calif. -March 1, 2006 - Cadence Design Systems, Inc.
(NASDAQ:CDNS - News) today announced that CEVA Inc., a leading licensor of
digital signal processing (DSP) cores and platforms, in collaboration with
Cadence will deliver a more comprehensive solution for CEVA end customers
by integrating CEVA-X DSP cores and the CEVA-XS System platforms with
Cadence verification technology. The collaboration was made possible
through CEVA's new membership in the Cadence OpenChoice IP program and
will provide a market-proven, highly integrated verification solution that
enables improved team productivity, design quality, and project
predictability for complex SoC and system designs. CEVA customers will
have access to a verification solution based on key Cadence verification
process automation (VPA) technologies: the Incisive® Enterprise Specman
Simulator and Incisive Plan-to-Closure Methodology.

The verification solution is based on the IEEE P1647 e language and is
targeted at ensuring proper core integration and system verification. CEVA
has also standardized on Cadence Incisive Enterprise verification
solutions for its internal DSP core verification.

"We adopted the Cadence Incisive Enterprise verification technology and
Plan-to-Closure Methodology as our preferred solution for helping ensure
CEVA's internal verification success and to enable our end customers to
quickly get to market with quality products," said Assaf Avraham, director
of VLSI at CEVA. "We are providing a differentiated advantage for our
customers by delivering CEVA's top-tier DSP cores with a verification
solution based on Cadence's verification process automation."

"Partnering to provide the combination of Cadence verification and
CEVA-X DSP cores is a great way to leverage the strengths of both
companies' technologies to bring real benefits to end customers," said Jan
Willis, senior vice president, Industry Alliances, at Cadence. "CEVA's
membership in the OpenChoice program allows us to work with CEVA in new
ways to solve the customer's problem, which, in turn, will help grow
business opportunities for both companies."

About the OpenChoice program

The Cadence OpenChoice program enables interoperability and facilitates
collaboration with IP providers to build, validate, and deliver accurate
models optimized for Cadence design and verification solutions. The
program ensures IP quality and provides the semiconductor industry with
access to optimized IP through a complete IP catalog. This optimizes the
electronics design chain and accelerates customer time to market.

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, printed-circuit
boards and systems used in 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.

Cadence, the Cadence logo and Incisive are registered trademarks of
Cadence Design Systems, Inc. All other trademarks are the property of
their respective owners.