WESTFORD, MA -- Jan. 11, 2002 -- Teradyne Inc. [NYSE: TER] today announced that its industry-leading Design-to-Build [D2B] software solutions -- GR Force/A3™ and GR Force/Strategist™ -- are now available on all of its circuit board test and inspection platforms. The deployment represents a major technology threshold reached only six weeks after the GenRad merger into Teradyne.

"Our Design-to-Build software solutions are the flagship products of our test and inspection product line. They are the clear leaders in the test and inspection areas of the electronics design and integration market," said John Casey, president of Teradyne's Assembly Test Division.

"We believe that broadening the scope of these software products represents a major advance in our ability to help our customers improve their manufacturing performance and productivity," Casey said. "As a result of the Teradyne-GenRad union, significant new benefits in test and inspection solutions are now available to help our customers accelerate product introductions, decrease times-to-market and enhance bottom line profitability."

Originally developed by GenRad prior to its merger with Teradyne, GR Force/A3 and GR Force/Strategist software solutions are modular, interconnected and accelerate the free flow of product information throughout the D2B and manufacturing process.

Fully functional regardless of test and inspection equipment manufacturer, these leading edge software solutions free electronics manufacturers from the constraints that have traditionally limited functionality and -- ultimately -- profitability characteristic of restrictive proprietary systems.

These new D2B software products deliver this value by leveraging the strengths of an open software architecture. For the first time, electronics manufacturers -- no matter which vendor's equipment they are using -- can determine optimal test and inspection strategies quickly and accurately.

The variety of test and inspection tools available to surface mount technology manufacturers continues to grow and now includes x-ray and optical inspection in addition to traditional in-circuit and functional test.

"Test strategies are driven by numerous factors such as technology, process and volume, making it difficult to arrive at maximum test and inspection effectiveness and productivity," said John Wood, head of ATD's Enabling Technologies group. "Conventional 'seat-of-the-pants' test and inspection test scenarios have been inefficient at best and usually lead to insufficient inspection and test coverage. GR Force/Strategist is the first comprehensive tool using fault spectrum and production data to recommend an optimum test and inspection strategy no matter what equipment is used."

"We have clearly raised the performance bar with this extraordinary D2B suite of software tools," Wood said. "As with our additional solutions within the Teradyne D2B software suite, GR Force/A3 and GR Force/Strategist unquestionably fulfill the performance and productivity requirements manufacturers throughout the world have told us they want."

About Teradyne's GR Force/D2B™

Teradyne's D2B software solutions are MS Windows™-based solutions, employing an open architecture, enabling contract and original equipment manufacturers with the ability to integrate competitive test and inspection platforms smoothly and eliminate needless data manipulation. This significantly reduces manufacturing times and labor-related production costs.

Teradyne will debut the Design-to-Build software at the APEX trade show in San Diego, CA., USA, in mid-January.

Teradyne's complete D2B software is currently available on all GenRad's board test platforms. Rollout onto Teradyne's test and inspection platforms begins in January 2002. Completion of this integration is planned during Q2, 2002.

Pricing

GR Force/A3 provides full design data preparation and test program generation and depending upon the final configuration retails between $7,000 - $15,000 for the first software license.

GR Force/Strategist determines optimal printed circuit assembly test and inspection strategies and depending upon the final configuration retails between $15,000 - $30,000 for the first software license.

About Teradyne

Teradyne [NYSE: TER] is the world's largest supplier of automatic test equipment and is also a leading supplier of high performance interconnection systems. Manufacturers of semiconductors, circuit assemblies and voice and broadband telephone networks use Teradyne's test products. Manufacturers of communications and computing systems central to building networking infrastructure use Teradyne's backplane assemblies and high-density connectors. The company had sales of $3 billion in 2000 and currently employs about 8000 people worldwide. Teradyne's World Wide Web address is www.teradyne.com.

For more information contact:
Mark Stygles mark.stygles@teradyne.com
Marketing Communications - North America
Westford MA USA 01886-0033
USA: +1 978-589-7425

Renate Fritz renate.fritz@teradyne.com
Manager, Marketing Communications - Europe
Ismaning Germany: +49 89 962 85 303