Teradyne - Semiconductor Test Division

Semiconductor Test is a lead-ing supplier of semiconductor test equipment for logic, RF, analog, power, mixed-signal, and memory technologies. We deliver test solutions to developers and manufacturers of a broad range of integrated circuits, packaged separately or integrated as System-On-a-Chip (SOC) or System-In-Package (SIP) devices. ICs tested by Teradyne are used in computing, communications, consumer, automotive, identification, and internet applications.

Catalyst - In The News
Teradyne's Catalyst and Tiger Testers Certified Embedded Test Ready by LogicVision

SAN JOSE, Calif.--(BUSINESS WIRE)--July 17, 2002--

Integration of Teradyne's Catalyst and Tiger Testers with LogicVision's Embedded Test Solution Designed to Speed Time-to-Volume Production and Reduce Total Cost of Test

LogicVision, Inc., (NASDAQ:LGVN), a leading provider of embedded test for integrated circuits and systems, today announced Teradyne (NYSE: TER) production testers Catalyst and Tiger are certified by LogicVision to be Embedded Test Ready(TM) - able to access LogicVision's Embedded Test Solution(TM). This successful integration, a result of a continued partnership between the two companies, provides mutual customers with an optimized test solution designed to speed time-to-volume production and reduce total cost of test.

This combination of LogicVision's Embedded Test Solution with Teradyne's Catalyst and Tiger testers enables the full access and control of all on-chip embedded test functionality within the chip under test. Thus, the ability to quickly and accurately diagnose devices tested on Teradyne's Catalyst and Tiger testers is significantly enhanced. This capability is achieved through the LogicVision database and Embedded Test Access software installed on Teradyne testers.

Our customers understand the costs, time savings, and reliability metrics needed to make the next device design a profitable venture. It is no secret that device testing is a significant challenge to meeting profitability goals for new chip designs," noted Mukesh Mowji, vice president of LogicVision's Sales and Marketing. "Our strategic partner, Teradyne, affirms our mutual commitment to provide a comprehensive test solution enabling our customers to deliver quality production devices to market faster."

"Our integration with LogicVision's Embedded Test Solution is another example of Teradyne's commitment to enable our customers to achieve the maximum economic gain from DFT techniques," said Lee Song, manager of Teradyne's DFT Enterprise Test Unit. "By developing a seamless interface between LogicVision's manufacturing-ready test databases and Teradyne's test systems, both companies are demonstrating continuing efforts in closing the gap between design and manufacturing test."

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. Teradyne's test products are used by manufacturers of semiconductors, circuit assemblies, and voice and broadband telephone networks. Teradyne's backplane assemblies and high-density connectors are used by manufacturers of communications and computing systems central to building networking infrastructure. The company had sales of $1.4 billion in 2001 and currently employs about 8000 people worldwide. For more information visit www.teradyne.com.

About LogicVision Inc.

LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com.

FORWARD LOOKING STATEMENTS:

Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected benefits of the integration of LogicVision's Embedded Test software into Teradyne's testers, including helping customers to save time, reduce costs and accurately diagnose devices, and the continued relationship of the companies, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, technological advancements and the development of alternative technologies and competitive products, and other risks detailed from time to time in LogicVision's SEC reports, including its quarterly report on Form 10-Q for the quarter ended March 31, 2002. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.

Note to Editors: LogicVision, Embedded Test, LogicVision Ready, Embedded Test Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.