Cadence Design Systems Selects Plateau to Power Talent Management Initiatives across Extended Enterprise : Leader in Global Electronic Design Innovation to use Plateau Learning Management System, Virtual Learning System and iContent to Deploy and Track Training for Thousands of Internal and External Global Users

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Plateau Systems, a leading provider of talent management software, services and solutions, today announced that Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic design innovation, selected Plateau’s talent management solutions to deliver and manage training throughout its extended enterprise. By selecting Plateau’s talent management solutions for inter- and intra-enterprise use, Cadence’s 5,100 global employees and more than 13,000 external users - including partners and customers - can access training anytime, anywhere. This expanded investment in delivering 24/7 training to employees, partners and customers underscores Cadence’s commitment to making its customers successful by maximizing design team productivity and helping users reduce time-to-market.

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Consolidating our internal and external LMS solutions through Plateau enables us to significantly reduce the administrative time we spent on the LMS and content solutions, and keep the focus on providing the training our employees, partners and customers need to maintain highly productive design teams

Cadence Design Systems is a leader in the highly competitive electronic design automation (EDA) industry, where customer engineers depend on the quality of their industry-leading technologies and engineering services and their ability to constantly innovate to meet consumer demand for smaller and sleeker electronic devices. To meet this demand, Cadence maintains offices distributed worldwide – including China, India, Europe, Russia, Israel, Japan, Korea, Taiwan and North America – and one of the electronics industry's most robust partner and alliance programs. As a leader in EDA and sponsor of several significant initiatives across the electronics industry, Cadence is committed to ensuring that its design teams, alliance members and customers are up to date on the latest technology, techniques and methodologies required for achieving design success and remaining at the forefront of technological innovation.

Through Plateau Learning Management, Cadence will be able to deploy training across its extended enterprise and track its completion. Plateau will provide hosting for the solution, enabling Cadence to deliver its Internet Learning Series (iLS) self-paced Cadence Education classes to users who want to complete training at their own pace, anytime and anywhere. Cadence decided to migrate its previously disparate LMS solutions to Plateau in order to consolidate its internal learning services and external education services onto a single platform.

"Consolidating our internal and external LMS solutions through Plateau enables us to significantly reduce the administrative time we spent on the LMS and content solutions, and keep the focus on providing the training our employees, partners and customers need to maintain highly productive design teams," said Ellen Tam, Vice President, Worldwide Field Operations, Cadence Design Systems. "In our review, we found that Plateau provided the industry's leading talent management solutions for deploying and managing training within the extended enterprise."

Cadence will also use Plateau to register its customers for instructor led training as well as Virtual Classroom Learning, a new innovative method of delivery where customers can remotely attend training classes-taking advantage of live instructions through a conference call - and perform hands on exercises using virtual lab environment with the instructor monitoring and answering their questions. Virtual Classroom and iLS offerings provide Cadence customers a unique opportunity to receive training more cost effectively and efficiently.

"Cadence is one of a growing number of leading organizations who recognize that delivering training to extended user communities is as critical to the company's success as training and development of their internal employees," said Paul Sparta, Chairman and CEO, Plateau Systems. "Employee, partner and customer productivity is directly tied to Cadence's ability to deploy knowledge across their extended enterprise, rapidly and efficiently. Using Plateau, Cadence can deploy, manage and track ongoing training throughout its extended enterprise to create tighter partner relationships and expand its competitive advantage."

About Plateau

Plateau is a leading provider of talent management software, content and services designed to increase workforce productivity and drive business success. Plateau's award-winning software is powering talent management initiatives across some of the world's most successful organizations, including the American Red Cross, General Electric, the Internal Revenue Service, Capital One Services and the National Aeronautics and Space Administration (NASA). Industry analysts at Bersin & Associates, Forrester Research and other leading information and technology research and advisory firms continue to recognize Plateau's leadership in delivering best-in-class functionality, technology and customer satisfaction. Plateau is headquartered in Arlington, Virginia and has offices across the United States, Europe and Asia Pacific. For more information, please visit http://www.Plateau.com.

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 http://www.cadence.com.

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Wendy Werve-Roper
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