BOSTON--(BUSINESS WIRE)--July 13, 2004--Teradyne, Inc. (NYSE:TER) announced Foveon Inc., of Santa Clara, CA, has selected the Teradyne IP750 test system for CMOS Image Sensor device test. Selection of the IP750 was based upon the system's field proven high parallel device test and intuitive IG-XL programming environment. Foveon's leading edge image sensors are used in consumer, professional, and industrial digital still cameras. Using their proprietary X3 technology, Foveon X3 direct image sensors are the only image sensors that directly capture color in three layers, similar to color film.

Since its introduction in 2000, the Teradyne IP750 has dominated the image sensor device testing market with its superior performance and sound test economics, shipping to Japan, South Korea, Europe and the United States. The IP750 delivers high throughput parallel test capability, broad device coverage for low to high-speed CCD and CMOS devices, analog and digital image capture, and concurrent image sensor and logic testing. In addition, the user-friendly interface with Excel-based IG-XL shortens program development time and enables a smooth transition from single to multi-site testing.

Jim Dunham, Director of Foveon's Manufacturing Engineering, commented, "We believe that the Teradyne's IP750 is the leading product in the image sensor testing market. It will provide the low test cost that Foveon requires through its high throughput and parallel testing capability. In addition, we are impressed with Teradyne's strong applications support and their expertise that will add tremendous value to our new device introductions."

"Teradyne targeted the development of the IP750 to deliver better device test parallelism for the cost sensitive CMOS Image Sensor used in cell phones and other consumer markets," added Kevin Dibelius, Sales Engineer, Teradyne. "We look forward to working with Foveon to develop best-in-class test solutions for their X3 products."

About IP750
IP750 features 100MHz digital test capability for the testing needs of CCD/CMOS image sensor devices. From its CCD device exceeding 10 Megapixels to the digitized pixel capture function required of its CMOS image sensor, IP750 supports maximum test cost reduction with high-speed, multiple parallel testing capability. The system features IG-XL software, the semiconductor ATE industry's first test development suite combining the performance of latest PC technology and Windows operating system with familiar standard Windows productivity tools (Microsoft Excel and Visual Basic) to leverage program development speed.

About Foveon
Foveon Inc. develops and produces the world's most advanced color image sensors. The company's patented Foveon X3(R) direct image sensor uses three layers of pixels to produce images of stunning fidelity. Investors include: National Semiconductor Inc., Synaptics Inc., New Enterprise Associates, and Franklin Templeton Investments. Founded in 1997, Foveon is a privately held company. For more information see the company web site at: www.foveon.com.

About Teradyne
Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment and interconnection systems. The company's products deliver competitive advantage to the world's leading semiconductor, electronics, automotive and network systems companies. In 2003, Teradyne had sales of $1.4 billion, and currently employs about 6100 people worldwide. For more information, visit www.teradyne.com. Teradyne is a trademark of Teradyne, Inc. in the US and other countries.