NAVIGATION

May Institute Receives Over $1 Million from Cadence Design Systems

05/19/08

Randolph, Mass., — May Institute, a national provider of behavioral healthcare, educational, and rehabilitative services, today announced that it has received $1.045 million from Cadence Design Systems, Inc., as beneficiary of the Cadence 2008 Stars & Strikes® Fundraiser. The donation enables May Institute to establish a pediatric specialty center to serve children with autism and their families in the greater Silicon Valley in California.

May Institute will work closely with the Silicon Valley Children's Hospital Foundation to develop the center, which will focus on diagnosing and treating autism and other serious developmental disabilities. Good Samaritan Hospital is generously donating the space for the center in San Jose. The center is expected to open by the end of the year.

May Institute has more than 200 service locations in the Northeast, Mid-Atlantic, Southeast, Midwest, and on the West Coast. As an organization already invested in serving families in California, the Institute operates The Bay School in Santa Cruz, which provides education and intervention services to children with autism and related disabilities, from birth to age 21, and their families.

The number of children diagnosed with autism has been rising steadily. As many as one in 150 children have an autism spectrum disorder. Effective treatments are available, but early diagnosis and intervention services are considered key to a child's long-term success. With the increasing demand for services, the new pediatric specialty center will enable May Institute to expand its West Coast services to reach even more families.

“The importance of early intervention and treatment for children with these types of disabilities cannot be overstated,” said May Institute President and CEO Walter P. Christian, Ph.D., ABPP. “This facility will make a significant difference in the lives of these children and families. May Institute is grateful to Cadence Design Systems, the corporate sponsors, organizations, and individuals who have contributed so generously to this event in support of our new center.”

The 2008 Stars & Strikes® fundraising effort was highlighted by the annual bowling tournament this past weekend, which featured members of the San Francisco 49ers football team, and business and civic leaders, including San Jose Mayor Chuck Reed. The Stars & Strikes® fundraiser supports important community initiatives and has now raised more than $11 million since its inception in 1990.

In the weeks leading up to the bowling tournament, Cadence raised over $75,000 through a series of employee-driven fundraising activities. The tournament was followed by live and silent auctions of donated items, such as autographed sports memorabilia, vacation getaways, consumer electronics items, and a 1993 Corvette.

“Once again, the local business community and Cadence employees have come through in a big way,” said Cadence CEO Mike Fister. “I think all of us involved have welcomed this opportunity to make a real difference in the lives of the children and families who need and deserve our support. Hats off to everyone who helped make this possible.”

About May Institute

May Institute is a nonprofit organization that provides educational, rehabilitative, and behavioral healthcare services to individuals with autism and other developmental disabilities, brain injury, mental illness, and other behavioral healthcare needs. The Institute also provides training and consultation services to professionals, organizations, and public school systems.

Since its founding over 50 years ago, May Institute has evolved into an award-winning national network that serves over 25,000 individuals and their families annually. The Institute operates several nonpublic schools for children with autism and other developmental disabilities. An active center of research and training, the Institute maintains affiliations with more than 40 universities, hospitals and human service agencies worldwide.

For more information about May Institute, go to 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 5,100 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.