NAVIGATION

May Institute Selected by Cadence Design Systems as Beneficiary of its 2008 Stars & StrikesĀ® Fundraiser to Benefit Children with Autism

02/22/08

Randolph, Mass., — May Institute, a national nonprofit organization serving children with autism and other developmental disabilities, has been selected by Cadence Design Systems, Inc. (NASDAQ:CDNS) of San Jose, California, as the beneficiary of its 2008 Stars & Strikes® bowling fundraiser. Funds raised will be earmarked for the creation of a pediatric specialty center dedicated to diagnosing and treating autism and other developmental, behavioral, and learning disabilities, as well as special healthcare needs at Good Samaritan Hospital’s Mission Oaks campus, located in Los Gatos. The center is the result of a unique partnership between May Institute, the Silicon Valley Children’s Hospital Foundation (SVCHF) and Good Samaritan Hospital. The center is currently scheduled to open by the end of 2008.

The number of children diagnosed with autism is on the rise. As many as one in 150 children have an autism spectrum disorder. Effective treatments are available, and diagnosis and intervention services are critical to a child’s long-term success.

“We are committed to bringing critical autism-related resources directly to communities that need them,” said May Institute President and CEO Walter P. Christian, Ph.D., ABPP. “As an organization already invested in serving families in California, May Institute is delighted at the opportunity to develop this much-needed center. The generosity of Cadence Design Systems will accelerate this effort to meet the pressing needs of families impacted by autism in the Silicon Valley community.”

“The need for a pediatric specialty center like this in Santa Clara County is great, and the positive impact it can have on the lives of children with these types of developmental disabilities is even greater,” said Cadence CEO, Mike Fister. “We at Cadence welcome the opportunity to join with other area companies to raise the money needed to make this center a reality for the many children and families who will use its services.”

May Institute initiated its commitment to serving children in California when The Bay School in Santa Cruz – now one of the Institute’s schools for children with autism and related disabilities – became an important addition to its network of programs in 2006. The new Pediatric Center will allow the organization to expand its West Coast services to reach even more families in need.

With a decade of experience in providing outpatient care to children with special healthcare needs through the Fernandes Center for Children and Families in Fall River, Mass., (a partnership with Saint Anne’s Hospital), May Institute is well versed in offering integrated specialty services in one location.

“The Silicon Valley Children’s Hospital Foundation is interested in expanding local healthcare resources for the children of Silicon Valley, right here where they live and learn. As resource-rich as the Valley can be, many families have great difficulty finding an appropriate place for their children to be evaluated and, if necessary, receive the early intervention that can chart a path to success for each child,” said Kathleen King, SVCHF chair. “That’s why we’re so excited about this opportunity with May Institute.”

Good Samaritan Hospital is contributing space at its Mission Oaks campus. CEO Bill Piché said, “We are fortunate to have a convenient location and strong concentration of pediatric subspecialists in the neighborhood so parents can put together a network of professionals to support the health of the whole child – emotional, intellectual and physical.”

Cadence’s 2008 Stars & Strikes fundraising event is scheduled for May 17, 2008. Since 1990, Cadence employees, and corporate and community partners have raised more than $10 million to support Silicon Valley nonprofit organizations that are meeting critical community needs.

About May Institute

For more than 50 years, May Institute has been a leader in providing behavioral healthcare services for children and adults with autism spectrum disorders and other developmental disabilities, brain injury, mental illness, and behavioral healthcare needs. The Institute’s award-winning national network serves over 25,000 individuals and their families annually at more than 200 service locations throughout the Northeast, Mid-Atlantic, Midwest, Southeast, and on the West Coast. May Institute operates several nonpublic schools for children with autism and other developmental disabilities, including The Bay School in Santa Cruz, which is dedicated to providing education and intervention services to students and their families.

May Institute is an active center of research and training, maintaining affiliations with more than 40 universities, hospitals, and human service agencies worldwide. For more information about the Institute’s behavioral health programs and services, call 800-778-7601, or visit www.mayinstitute.org.

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 2007 revenues of approximately $1.6 billion, and has approximately 5,300 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 is a registered trademark, and the Cadence logo is a trademark, of Cadence in the United States and other countries. All other trademarks are the property of their respective owners.

About Silicon Valley Children’s Hospital Foundation

The Silicon Valley Children’s Hospital Foundation (SVCHF) was created to address the fragmentation of pediatric healthcare services in San Jose. With initial seed money from Applied Materials and other individual supporters, SVCHF now includes a wide range of concerned community leaders and more than 100 pediatricians and pediatric sub-specialists from South Bay areas including Gilroy, Morgan Hill, Saratoga, Los Gatos and San José who seek to improve access to pediatric healthcare services. For more information about SVCHF, go to www.svch.org.

About Good Samaritan Hospital

Good Samaritan Hospital is recognized for acute and tertiary services, including cardiology, cardiovascular surgery, oncology, obstetrics and gynecology, Level III Neonatal Intensive Care Unit, behavioral health and specialized surgery. Good Sam was one of the first five hospitals in the country certified by the Joint Commission as a Primary Stroke Center. The hospital received the Outstanding Achievement Award from the American College of Surgeons Commission on Cancer. More information about the hospital is available at www.goodsamsanjose.com.