Micronas Purchases LTX-Credence Diamond Systems

MILPITAS, CA (GLOBE NEWSWIRE) -- LTX-Credence Corp. (Nasdaq:LTXC), a global provider of cost-optimized ATE solutions, announced that Micronas, a leading supplier of automotive and industrial integrated circuits, has selected the Diamond as a major enhancement to its test platforms for mixed-signal products. Micronas is using Diamond for all aspects of their test engineering and operations including wafer sort and final test.

Wilfried Lowinski, vice president operations backend, commented, "We have selected the Diamond platform because it significantly reduces our production test costs. Diamond's industry leading resource density, along with unprecedented integration flexibility, allows us to adopt production test strategies not possible with previous, larger test systems. Additionally, the combined digital, analog and DSP performance provides a powerful tool for our engineering lab. We are also pleased with the close cooperation between LTX-Credence and our engineers resulting in timely implementation of the first mixed-signal production project."

Dave Tacelli, LTX-Credence CEO and president, stated that "Micronas' deployment of the Diamond platform exemplifies the match of cost down test strategies with the rigid technology demands of the automotive sector. Diamond offers economically attractive solutions for a variety of end markets, including consumer, industrial and automotive and is meeting the cost demands of the industry while providing a broad suite of test capabilities."

About Micronas
Micronas (SIX Swiss Exchange:MASN), a semiconductor designer and manufacturer with worldwide operations, is a leading supplier of cutting-edge sensor and actuator system solutions for automotive and industrial. Micronas offers a variety of microcontrollers and Hall-sensors for automotive and industrial applications, such as car dashboard, body control, as well as motor management and comfort functions.

About LTX-Credence
LTX-Credence Corp. is a global provider of cost optimized ATE solutions designed to enable customers to implement best-in-class test strategies to maximize their profitability. LTX-Credence addresses the broad, divergent test requirements of the wireless, computing, automotive and entertainment market segments, offering a comprehensive portfolio of technologies, the largest installed base in the Asia-Pacific region, and a global network of strategically deployed applications and support resources.

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