SAN JOSE, Calif.--(BUSINESS WIRE)--July 18, 2001--Teradyne announced today that Aeroflex UTMC has purchased Catalyst Tiger and J750k test systems. Aeroflex UTMC is a supplier of integrated circuits and circuit card assemblies for the aerospace, commercial, communication and industrial markets. Aeroflex UTMC will use Catalyst Tiger for characterization and production test of its ASIC and memory devices. The J750k will be used at wafer probe and final test for testing a variety of devices including mixed signal circuits. Both systems will ship during the second quarter of 2001 to Aeroflex UTMC's facility in Colorado Springs, CO. Teradyne is the leading provider of test solutions in the fabless, foundry and subcontractor markets. Over 800 Teradyne semiconductor test systems are installed at subcontract facilities worldwide.

Jerry Reinsma, Vice President of Operations at Aeroflex UTMC, said, "The capability and versatility of the Teradyne testers will improve our production efficiency and provide us with a substantial competitive advantage. We have significantly expanded our capacity for developing and testing high performance ASIC and mixed signal circuits with these systems. We appreciate Teradyne's experience and global support for fabless semiconductor and subcon customers."

Michael Bradley, President of Teradyne's Semiconductor Test Division, said, "This order from Aeroflex UTMC demonstrates our continued commitment to the fabless market by offering both an industry-leading cost per pin price point with the J750k, as well as Catalyst Tiger's high performance for advanced SOC testing."

About Catalyst Tiger

Catalyst Tiger is the first over 1 Gbps SOC test system. Extending the Catalyst family, Tiger shares the same high throughput zero-time DSP architecture, IMAGE(TM) software, and state-of-the-art analog instruments and extends the Catalyst family to 1024 digital pins. Powered by breakthrough Silicon Germanium (SiGe) technology, Tiger sets the standard with Real I/O(TM) data rates to 1.6 Gbps while retaining the timing flexibility at top speed demanded by data and network processing applications.

About the J750k

The J750k delivers the lowest priced leading edge ATE technology on the market, with all the advantages of the J750 family. The system is 100% software and DIB compatible with the entire J750 family. The J750k achieves over 95% parallel test efficiency and its zero footprint design allows for more efficient use of production floor space to reduce cost of ownership. The system also features IG-XL test software, the semiconductor ATE industry's first test development suite combining the power and performance of the latest PC technology and Windows NT operating system with the familiarity of standard Windows productivity tools, like Microsoft Excel and Visual Basic.

About Aeroflex UTMC

Aeroflex UTMC is an ISO 9001 certified supplier of semicustom and standard integrated circuits and custom circuit card assemblies for the aerospace, commercial, communication and industrial markets. Aeroflex UTMC has received Qualified Manufacturer List (QML) certification for Class Q, Class T, and Class V from the Defense Supply Center Columbus. Aeroflex UTMC's website address is http://www.utmc.com/

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, 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 $3.0 billion in 2000 and currently employs about 9000 people worldwide. For more information visit www.teradyne.com.