8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported):    July 17, 2002

CADENCE DESIGN SYSTEMS, INC.

(Exact Name of Registrant as Specified in its Charter)

DELAWARE
(State or Other Jurisdiction of Incorporation) 1-10606
(Commission File Number) 77-0148231
(IRS Employer Identification No.)

2655 SEELY AVENUE, BUILDING 5
SAN JOSE, CALIFORNIA 95134
(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code:  (408) 943-1234

TABLE OF CONTENTS

	Item 7.  Financial Statements, Pro Forma and Exhibits.
	Item 9.  Regulation FD Disclosure.
Signature
EXHIBIT INDEX
EXHIBIT 99.1

Item 7.  Financial Statements, Pro Forma and Exhibits.

(a)	Financial Statements of Business Acquired.
	Not applicable.
(b)	Pro Forma Financial Information.
	Not applicable.
(c)	Exhibits.

Exhibit No.		Description
	99.1	Press Release of the Registrant issued on July 17, 2002.

Item 9.  Regulation FD Disclosure.

     On July 17, 2002, Cadence Design Systems, Inc., a Delaware corporation (the “Registrant”), issued a press release announcing the election of Sean M. Maloney to its Board of Directors.

2

Signature

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     Dated as of July 18, 2002

CADENCE DESIGN SYSTEMS, INC
By:	/s/   William Porter William Porter Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description
	99.1	Press Release of the Registrant issued on July 17, 2002.

EX-99.1 3 f83032exv99w1.txt EXHIBIT 99.1 EXHIBIT 99.1 For Immediate Release CADENCE ELECTS SEAN M. MALONEY TO ITS BOARD OF DIRECTORS SAN JOSE, CALIF., JULY 17, 2002: Cadence Design Systems, Inc. (NYSE: CDN), the world's leading supplier of electronic design products and services, today announced that Sean M. Maloney, executive vice president of Intel Corporation (NasdaqNM: INTC) and general manager of the Intel Communications Group, has been elected to the Cadence Board of Directors. "We are very pleased to have Sean Maloney join the Cadence Board of Directors," said Ray Bingham, president and CEO of Cadence. "Sean has broad operating experience in both computers and communications. As communications continue to drive chip complexity and performance, Sean's insights will be invaluable." "I am extremely happy to be a part of Cadence, a company that continues to demonstrate technology leadership in high-end IC implementation," said Maloney. Maloney, an Intel employee since 1982, has held a number of technical, managerial and executive posts in Europe, Asia and the United States. He is also a member of the Board of the US/China Business Council. ABOUT CADENCE Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products. IEEE, the world's largest technical professional society, honored Cadence with its 2002 Corporate Innovation Recognition award. With approximately 5,600 employees and 2001 revenues of approximately $1.4 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services is available at www.cadence.com. For more information, please contact: Judy Erkanat Cadence Design Systems, Inc. 408-894-2302 jerkanat@cadence.com Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners. -----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

                                                                    EXHIBIT 99.1

For Immediate Release

             CADENCE ELECTS SEAN M. MALONEY TO ITS BOARD OF DIRECTORS

SAN JOSE, CALIF., JULY 17, 2002:

Cadence Design Systems, Inc. (NYSE: CDN), the world's leading supplier of
electronic design products and services, today announced that Sean M. Maloney,
executive vice president of Intel Corporation (NasdaqNM: INTC) and general
manager of the Intel Communications Group, has been elected to the Cadence Board
of Directors.

"We are very pleased to have Sean Maloney join the Cadence Board of Directors,"
said Ray Bingham, president and CEO of Cadence. "Sean has broad operating
experience in both computers and communications. As communications continue to
drive chip complexity and performance, Sean's insights will be invaluable."

"I am extremely happy to be a part of Cadence, a company that continues to
demonstrate technology leadership in high-end IC implementation," said Maloney.
Maloney, an Intel employee since 1982, has held a number of technical,
managerial and executive posts in Europe, Asia and the United States. He is also
a member of the Board of the US/China Business Council.

ABOUT CADENCE

Cadence is the largest supplier of electronic design technologies, methodology
services, and design services. Cadence solutions are used to accelerate and
manage the design of semiconductors, computer systems, networking and
telecommunications equipment, consumer electronics, and a variety of other
electronics-based products. IEEE, the world's largest technical professional
society, honored Cadence with its 2002 Corporate Innovation Recognition award.
With approximately 5,600 employees and 2001 revenues of approximately $1.4
billion, Cadence has sales offices, design centers, and research facilities
around the world. The company is headquartered in San Jose, Calif., and traded
on the New York Stock Exchange under the symbol CDN. More information about the
company, its products and services is available at www.cadence.com.

For more information, please contact:
Judy Erkanat
Cadence Design Systems, Inc.
408-894-2302
jerkanat@cadence.com

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