LTX-Credence Announces the Purchase of Multiple Diamond Testers by SWINDON Silicon Systems Ltd.

SWINDON Adds Diamond Test Capacity for Its Growing ASIC Business


NORWOOD, Mass., April 18, 2012 (GLOBE NEWSWIRE) -- LTX-Credence Corporation (Nasdaq:LTXC), a global provider of market focused, cost-optimized ATE solutions, today announced that SWINDON Silicon Systems, a supplier of analog and mixed-signal ASICs for the automotive, industrial and consumer markets, has added multiple Diamond test systems to its already extensive production base of Diamond testers.

Geoff Hall, managing director at SWINDON Silicon Systems commented, "We've added multiple Diamond testers because of our success in using Diamond in our production test operations over the past several years. Diamond helps us to be competitive in our target market segments by delivering reliable, cost-effective test solutions with unsurpassed performance in a small package."

"Providing leading edge performance and low cost of test are critical factors for SWINDON to maintain its market leading position," said David Tacelli, LTX-Credence president and chief executive officer. "Diamond's broad portfolio of instrumentation in a small, compact chassis provides low capital acquisition and operating costs, which allows SWINDON to achieve both these objectives in the most cost-effective manner.  We are pleased that leading ASIC design houses like SWINDON are recognizing Diamond as a competitive advantage."

About SWINDON Silicon Systems, Ltd.

SWINDON Silicon Systems is a market leader in the design, test and supply of high performance custom analog and mixed signal ASIC solutions.  As the UK's leading specialist supplier, SWINDON offers unparalleled commercial and technical know how which enables our customers to be leaders within their chosen market.  Utilizing SWINDON's high quality, system enhancing solutions ensures that the competition is beaten both on price and performance.  With over 400 man years of experience in one of the top design teams in the industry, SWINDON's ASICs are used in Automotive, Industrial and Consumer applications all over the world.  Additional information can be found at: www.swindonsilicon.co.uk.

About LTX-Credence Corporation

LTX-Credence is a global provider of ATE solutions designed to deliver value through innovation enabling 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. Additional information can be found at www.ltxc.com.

LTX-Credence is a trademark of LTX-Credence Corporation.

All other trademarks are the property of their respective owners.



            

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