SOURCE: CADENCE DESIGN SYSTEMS, INC.

Cadence Design Systems, Inc.

September 16, 2010 04:30 ET

SMIC Adopts Cadence Silicon Realization End-to-End Product Line for 65-40nm Design

Integrated Design, Verification and Implementation Technology Boosts Productivity for Advanced Node, Low-Power Designs

SHANGHAI, CHINA--(Marketwire - September 16, 2010) - Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced that the most advanced foundry in Mainland China, Semiconductor Manufacturing International Corporation ("SMIC") (NYSE: SMI) (SEHK: 0981.HK), has adopted the Cadence Silicon Realization product line for advanced node, low-power designs. The Cadence Silicon Realization product line is composed of tools essential to turning designs into silicon. It is a key element of its EDA360 (the new Electronic Design Automation) vision, which shifts focus from design creation to integration.

The unique integration of the Cadence front-to-back design creation, verification, and implementation products provides a more predictable and higher quality deterministic path to silicon success for advanced process nodes and low-power design. SMIC quickly recognized the quality and productivity advantages of the Cadence® approach to Silicon Realization and adopted Cadence products for all aspects of design, including verification and implementation, from 65 to 40 nanometers.

"We've teamed with Cadence for many years on cutting-edge designs, and now we've decided to deploy a full end-to-end solution to help our customers achieve top-quality designs," said Chris Chi, Chief Business Officer of SMIC. "Our close collaboration at 65 nanometers and below will be of great benefit to our mutual customers, helping speed the adoption of advanced process technologies."

Products adopted by SMIC include Encounter® Digital Implementation System, Conformal® ECO, Encounter Timing System, Encounter Power System, Physical Verification System, Incisive® Enterprise Simulator, VoltageStorm, Conformal Low Power and QRC Extraction.

"SMIC's adoption of our integrated Silicon Realization product line is testament to the strength of the Cadence technology, but also to the strength of our companies' relationship," said Charlie Huang, chief strategy officer at Cadence. "We've shared great success over the years as we've collaborated to help our mutual customers achieve their goals, and it's this type of collaboration that will make the EDA360 vision a reality."

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. 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 www.cadence.com.

Cadence, Encounter, Conformal, Incisive and the Cadence logo are registered trademarks of Cadence Design Systems, Inc., in the USA and other countries. All other marks and names are the property of their respective owners.

About SMIC
Semiconductor Manufacturing International Corporation ("SMIC") (NYSE: SMI) (SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) foundry and technology services at 0.35um to 45/40nm. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, a 200mm fab under construction in Shenzhen, and an in-house assembly and testing facility in Chengdu. SMIC also has customer service and marketing offices in the U.S., Europe, and Japan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 200mm wafer fab in Chengdu owned by Cension Semiconductor Manufacturing Corporation and a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation. For more information, please visit http://www.smics.com.

SAFE HARBOUR STATEMENTS
(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC's current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements, including among others risks associated with the current global financial crisis, orders or judgments from pending litigation and financial stability in end markets. Investors should consider the information contained in SMIC's filings with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F filed with the SEC on June 29, 2010, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections, and such other documents that SMIC may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as may be required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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