NORTH READING, Mass. - April 3, 2008 - Teradyne (NYSE:TER), a world leader in high efficiency, low-cost test, has launched a new certification program for Teradyne® refurbished test equipment. The new equipment certification process applies to Teradyne test systems no longer in production, which includes the J900™ and A500™ families, Catalyst™ and Tiger™ test systems. As part of the new program, Teradyne has selected two resellers of Teradyne used equipment to participate in the program, Test Advantage of Phoenix, AZ and MVTS Technologies of Carlsbad, CA. Both resellers have significant sales and distribution networks throughout the US, Europe, and Asia. To learn more about Teradyne-Certified refurbished equipment, please contact your local Teradyne sales engineer.

The refurbishment program enables customers to add capacity with equipment that is consistent with Teradyne quality standards. Teradyne will certify that the test equipment meets a rigorous reconfiguration, test and ship process. Teradyne-Certified refurbished test systems will be installed and warranted by Teradyne.

“Customers use Teradyne’s legacy test equipment long after the initial purchase, and this program provides a reliable source to meet their capacity demands with a solution that Teradyne can confidently stand behind,” said Jim Mahon, general manager, Teradyne Global Customer Services. “The tester certification program creates another way for us to support the needs of our customers while ensuring the quality that customers count on from Teradyne.”

About Test Advantage, Inc.
Founded in 1997, Test Advantage’s mission is to provide innovative, comprehensive, reliable and timely capacity solutions and services to the semiconductor test industry worldwide. The company has established itself as the leading source of refurbished Configured-To-Match™ Teradyne ATE systems and has delivered more then 250 Teradyne testers and system upgrades for the leading semiconductor manufacturers and sub cons. Coupled with its leading refurbishment business is an extensive inventory of systems, parts and options fully supported by its worldwide infrastructure and service personnel. The Tempe, Arizona-based company operates with offices worldwide to support the leading global ATE users. Test Advantage has received numerous business and supplier awards over the past several years, including recent recognition as one of the fastest growing privately held companies by the 2007 Inc. magazine “Inc. 5000.” More information on these awards and other key aspects of the Test Advantage business model can be found at www.testadvantage.com.

About MVTS Technologies
MVTS Technologies provides refurbished Automatic Test Equipment (ATE), tester upgrades, enhancement products, spare parts, and services to the semiconductor industry. MVTS customers consist of Integrated Device Manufacturers (IDM), Outsourced Semiconductor Assembly and Test Services companies (OSAT), Original Equipment Manufacturers (OEM), and fabless design houses. Founded in 1994, MVTS is a global organization with a presence in 13 countries and is headquartered in Carlsbad, California. For more information please visit www.mvts.com

About Teradyne
Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment used to test complex electronics for the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries. In 2007, Teradyne had sales of $1.1 billion and currently employs about 3,800 people worldwide. For more information, visit www.teradyne.com. Teradyne (R) is a registered trademark of Teradyne, Inc. in the U.S. and other countries. All product names are trademarks of Teradyne, Inc. (including its subsidiaries) or their respective owners.

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