NORTH READING, Mass. – December 10, 2008 – Teradyne, Inc. (NYSE: TER) is sponsoring the GSA Awards Dinner Celebration on Thursday, December 11 at the Santa Clara Convention Center in Santa Clara, CA. This annual dinner is the premier awards ceremony in the semiconductor industry, recognizing companies that have demonstrated excellence through their vision, strategy, execution and future opportunity. The celebration honors the achievements of semiconductor companies in several categories, ranging from outstanding leadership to financial accomplishments as well as overall respect within the industry.

Teradyne has been actively involved with GSA since 1995 and provides strong support for emerging fabless companies with an installed base of more than 2,900 test systems at semiconductor subcontractors throughout the world.

"It’s critical for the semiconductor industry to find ways to increase collaboration and efficiency in the face of  relentless cost pressure,” said Mark Jagiela, Teradyne Semiconductor Test Division president. “GSA plays an important role in providing a forum for that collaboration, and Teradyne is pleased to continue our long-term relationship with and support of GSA in this vital mission.”

Teradyne systems provide test solutions for current and emerging device technologies across the broadest range of market segments including, computing, consumer electronics, wireless, home entertainment, automotive and power management, image processing, and microcontroller devices. Teradyne’s worldwide installed base is approaching 2,000 FLEX™ platform test systems and 3,000 J750 platform test systems.

Teradyne recently has added both Nextest, and its leading flash memory test capability, and Eagle Test, with its leadership in analog IC test presence, giving the company the broadest semiconductor test in the industry, with flexible and focused solutions for every test need.

About GSA
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective fabless ecosystem through collaboration, integration and innovation.  It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions.  Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence.  Members include companies throughout the supply chain representing 25 countries across the globe. www.gsaglobal.org

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