This book constitutes the refereed proceedings of the First International Conference on Formal Methods in Computer-Aided Design, FMCAD '96, held in Palo Alto, California, USA, in November 1996. The 25 revised full papers presented were selected from a total of 65 submissions; also included are three invited survey papers and four tutorial contributions. The volume covers all relevant formal aspects of work in computer-aided systems design, including verification, synthesis, and testing.