NORTH READING, Mass – December 3, 2007 – Teradyne, Inc. (NYSE: TER), a world leader in high efficiency, low-cost test, is a sponsor of the FSA Awards Dinner Celebration. The dinner will “Spotlight Success in an Evolving Industry” and be held on Thursday, December 6, 2007 at the Santa Clara Convention Center in Santa Clara, California. Teradyne, which provides strong support for emerging fabless companies and has an installed base of over 2300 test systems at semiconductor subcontractors throughout the world, supports this annual event that recognizes fabless companies who have demonstrated excellence through their vision, strategy, execution and future opportunity in the semiconductor industry.

“Test solutions that deliver broad coverage and operational stability are of vital importance to fabless companies,” said Vivian Pangburn, vice president, global marketing, FSA.  "Teradyne has been actively involved with FSA since 1995 and is a major supplier in the subcontractor supply chain. We appreciate the company’s involvement with FSA and support for the FSA Awards Dinner Celebration.”

"FSA plays an important role in bringing together semiconductor companies, equipment vendors and subcontractors to enhance the outsource manufacturing business model,” said Mark Jagiela, president, Semiconductor Test Division, Teradyne. “As an equipment supplier in this community, we are proud of our contribution to enabling this evolution. Flexible, cost effective products that can be reconfigured and upgraded to ensure high utilization and long asset life is one of the hallmarks of our FLEX product line. Teradyne is pleased to continue to support FSA and sponsor its 2007 Awards Dinner Celebration.”

Teradyne systems provide test solutions across the broadest range of market segments including computing, consumer electronics, mobile communications, home entertainment, automotive and power management, image processing, and microcontroller devices, covering test for established and new technologies. Teradyne’s worldwide installed base includes over 1400 FLEX(TM) platform test systems and almost 2500 J750 platform test systems. Focusing on providing high efficiency test in production, Teradyne gives customers the lowest cost of test for a competitive advantage.

About FSA
FSA is the voice of the global fabless business model. Incorporated in 1994, FSA positively impacts the growth and return on invested capital of this business model to enhance the environment for innovation. It provides a platform for meaningful global collaboration between fabless companies and their partners; identifies and articulates opportunities and challenges to enable solutions; and provides research, resources, publications and survey information. Members include fabless companies and their supply chain and service partners, representing more than 21 countries across the globe. www.fsa.org.

###

Editor’s Note: For product photography and other resources, please visit Teradyne’s press room at: http://www.teradyne.com/pressRoom/index.html