Shanghai, China, April 7, 2023- Cadence Electronics (NASDAQ: CDNS) announced today the launch of Cadence ® Allegro ® X AI technology, the new generation system design technology of Cadence, has achieved revolutionary improvements in performance and automation. This new AI product relies on the Allegro X Design Platform platform, which can significantly save PCB design time. Compared to manually designing circuit boards, it reduces the time required for layout and routing (P&R) tasks from days to minutes without sacrificing or even potentially improving quality.

Traditionally, layout and routing in PCB design have always been a time-consuming manual process that can affect the speed of product launch. Allegro X AI technology utilizes the scalability of the cloud to achieve physical design automation, providing PCB generative design while ensuring electrical accuracy and usability for manufacturing. This new technology can automatically perform device placement, metal plating, and critical network wiring, and integrates fast signal integrity and power integrity analysis functions. By using generative AI functionality, customers can simplify their system design process and shorten PCB design turnaround time by more than 10 times.

Allegro X AI technology has the following advantages:

• Improve productivity: By adopting a scalable architecture and utilizing cloud computing infrastructure, automatic layout and routing can be achieved, significantly reducing design turnaround time.

• Better result quality: By utilizing the generative AI automatic layout feature, feasibility analysis can be conducted in the early stages of design. Beyond manual methods, explore more possibilities for solutions, and further optimize various indicators, such as adhering to design constraints while reducing line length.

Efficient design convergence: The Allegro X platform is tightly integrated with system analysis technology, allowing users to optimize the electrical and thermal performance of their designs.

"Cadence is committed to providing system design solutions that integrate artificial intelligence and cloud technology, ensuring the fastest turnaround time," said Michael Jackson, Vice President of Research and Development at Cadence, "The newly launched Allegro X AI technology consolidates Cadence's technological leadership in PCB design and brings revolutionary impact. Through AI driven automation, enhanced engine performance, and integration with Cadence's system design and analysis product portfolio, it helps customers improve productivity."

The newly launched Allegro X AI technology supports Cadence's Intelligent System Design ™） Strategy aimed at helping customers accelerate system innovation. For more information, please visit www.cadence. com/go/AllegroXAI

Customer feedback:

"Allegro X AI technology reduces the layout time from a few days to a few minutes, while also considering the impact of signal integrity and power integrity. The equipped AI technology can also provide new layout solutions. This technology greatly shortens the design time and will fundamentally change the way we design PCBs."

---Allan N ø rgaard, CID, Velux PCB Design Department

"At Schneider Electric, turnaround time and the quality of the final product are crucial to business success. With Cadence's Allegro X AI technology, we can significantly shorten the development cycle. Hardware designers can evaluate density and complexity, adjust electrical designs, ensure fast and efficient design completion, and improve productivity."

---Jean Christophe Dejean, Vice President of Process and Management at Schneider PLM

"The efficiency of designers' work is crucial for Kioxia's business success. Our team is working closely with Cadence to utilize Allegro X AI technology to achieve automatic layout and routing of IC packaging and PCB reference designs, significantly reducing design turnaround time."

---Chiaki Takubo, Technical Director of Packaging and Testing Technology at Kioxia Corporation