Cadence Completes Acquisition of Intrinsix - Seite 2

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Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Cadence’s talent, product development and service offerings, business strategy, plans and opportunities, industry and market trends. Forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Cadence’s control. For example, the markets for its products and services may develop more slowly than expected or than they have in the past; its operating results and cash flows may fluctuate more than expected; a network or data security incident that allows unauthorized access to its networks or data or customers’ data could damage its reputation; risks associated with tax liabilities or changes in U.S. federal tax laws or interpretations to which the transaction or parties thereto are subject; Cadence may fail to successfully integrate Intrinsix; Cadence may fail to realize the anticipated benefits of the acquisition; Cadence may experience unanticipated costs of integrating Intrinsix; the impact of the consummation of the acquisition on relationships with third parties, including employees, customers, partners and competitors; Cadence may be unable to motivate and retain key personnel; changes in legislation or government regulations could affect the post-closing operations and results of operations; and macroeconomic and geopolitical conditions could deteriorate. For a detailed discussion of these and other cautionary statements related to Cadence’s business, please refer to Cadence’s most recent reports on Form 10-K and Form 10-Q and its other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent Cadence’s views as of the date of this press release, and Cadence does not undertake any obligation to update any forward-looking statement in this press release.