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<ACCESSION-NUMBER>0000950134-04-008240
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20040528
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<COMPANY-DATA>
<CONFORMED-NAME>CADENCE DESIGN SYSTEMS INC
<CIK>0000813672
<ASSIGNED-SIC>7372
<IRS-NUMBER>770148231
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0102
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<FILM-NUMBER>04838995
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<BUSINESS-ADDRESS>
<STREET1>2655 SEELY ROAD BLDG 5
<CITY>SAN JOSE
<STATE>CA
<ZIP>95134
<PHONE>4089431234
</BUSINESS-ADDRESS>
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<STREET1>555 RIVER OAKS PARKWAY
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<FORMER-CONFORMED-NAME>ECAD INC /DE/
<DATE-CHANGED>19880609
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<FILENAME>f99386e8vk.htm
<DESCRIPTION>FORM 8-K
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<P align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>
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<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>


<P align="center" style="font-size: 12pt"><B>CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B>



<P align="center" style="font-size: 10pt">Date of Report (Date of Earliest Event Reported):  <B>May&nbsp;28, 2004</B>


<P align="center" style="font-size: 24pt"><B>CADENCE DESIGN SYSTEMS, INC.</B>

<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in its Charter)</DIV>


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    <TD align="center" valign="top"><B>DELAWARE</B><BR>
(State or Other Jurisdiction of<BR>
Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-10606</B><BR>
(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>77-0148231</B><BR>
(IRS Employer Identification No.)</TD>
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<P align="center" style="font-size: 10pt"><B>2655 SEELY AVENUE, BUILDING 5<BR>
SAN JOSE, CALIFORNIA 95134</B><BR>
(Address of Principal Executive Offices) (Zip Code)



<P align="center" style="font-size: 10pt">Registrant&#146;s Telephone Number, Including Area Code: <B>(408)&nbsp;943-1234</B>



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<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;9. Regulation&nbsp;FD Disclosure</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">Signature</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="f99386exv99w1.htm">EXHIBIT 99.1</A></TD></TR>
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<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Regulation&nbsp;FD Disclosure.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On May&nbsp;28, 2004, Cadence Design Systems, Inc., a Delaware corporation
(&#147;Cadence&#148;), issued a press release announcing that Sean M. Maloney has decided
not to stand for reelection to Cadence&#146;s Board of Directors. A copy of the
press release is attached hereto as Exhibit&nbsp;99.1 and incorporated by reference
herein.


<P align="center" style="font-size: 10pt">&nbsp;
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<P align="center" style="font-size: 10pt"><B>Signature</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dated as of May&nbsp;28, 2004.


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    <TD colspan="3"><B>CADENCE DESIGN SYSTEMS, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000">/s/ R.L. Smith McKeithen
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">R.L. Smith McKeithen&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">Senior Vice President and General Counsel&nbsp;</TD>
    <TD>&nbsp;</TD>
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<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release issued by Cadence Design Systems, Inc. on May
28, 2004.</TD>
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<P align="right" style="font-size: 10pt"><B>Exhibit&nbsp;99.1</B>



<P align="center" style="font-size: 10pt"><B>Cadence Design Systems Announces Sean Maloney Not Standing for Reelection as Director</B>


<P align="left" style="font-size: 10pt">San Jose, CA , May&nbsp;28, 2004 &#150; Cadence Design Systems, Inc. (NYSE: CDN) today
announced that Sean M. Maloney has decided not to stand for reelection to
Cadence&#146;s Board of Directors. Mr.&nbsp;Maloney has been a Cadence director since
2002.


<P align="left" style="font-size: 10pt">&#147;Sean Maloney has made significant contributions to the Cadence Board, and we
are grateful for his service,&#148; said Ray Bingham, Chairman of the Board. &#147;His
broad industry and business perspective has helped Cadence as we&#146;ve
repositioned ourselves over the past few years for further growth and
leadership in the global technology industry.&#148;


<P align="left" style="font-size: 10pt">Cadence plans to replace Mr.&nbsp;Maloney&#146;s position on the board in due course.


<P align="left" style="font-size: 10pt"><B>About Cadence</B>


<P align="left" style="font-size: 10pt">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. With approximately 4,800 employees and 2003
revenues of approximately $1.1&nbsp;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.


<P align="left" style="font-size: 10pt"><I>The statements contained above include forward looking statements based on
current expectations or beliefs, as well as a number of preliminary assumptions
about future events that are subject to factors and uncertainties that could
cause actual results to differ materially from those described in the forward
looking statements. Readers are cautioned not to put undue reliance on these
forward looking statements, which are not a guarantee of future performance and
are subject to a number of uncertainties and other factors, many of which are
outside Cadence&#146;s control, including, among others: Cadence&#146;s ability to
compete successfully in the design automation product and the commercial
electronic design and methodology services industries; the mix of products and
services sold and the timing of significant orders for its products; economic
uncertainty; fluctuations in rates of exchange between the U.S. dollar and the
currencies of other countries in which Cadence does business; and the
acquisition of other companies or the failure to successfully integrate those
it acquires.</I>


<P align="left" style="font-size: 10pt"><I>For a detailed discussion of these and other cautionary statements, please
refer to the company&#146;s filings with the Securities and Exchange Commission,
including the company&#146;s Annual Report on Form 10-K for the year ended January
3, 2004 and Quarterly Report on Form 10-Q for the 3&nbsp;months ended April&nbsp;3, 2004.</I>


<P align="left" style="font-size: 10pt"><I>Cadence and the Cadence logo are registered trademarks of Cadence Design
Systems, Inc. All other trademarks are the property of their respective owners.</I>



<P align="left" style="font-size: 10pt">For more information, please contact:<BR>
Adolph Hunter<BR>
Corporate Communications<BR>
Cadence Design Systems, Inc.<BR>
direct: 408.428.5882<BR>
Adolph@cadence.com


<P align="left" style="font-size: 10pt">For more information, please contact:<BR>
Alan Lindstrom<BR>
Investors and Shareholders<BR>
Cadence Design Systems, Inc.<BR>
direct: 408.944.7100<BR>
Investor_relations@cadence.com



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