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Teradyne SCE™ 2.1 Software Extends Customer Value; Enhances Manufacturing Collaboration

WESTFORD, MA - May 10, 2002 - Teradyne's [NYSE: TER] Assembly Test Division, a global leader in electronics testing and production solutions, announced today the release of the latest version of its industry leading collaborative manufacturing execution software, Teradyne SCE™ 2.1. Teradyne SCE™ software is used to increase productivity by optimizing collaborative manufacturing across a distributed, international, multi-company supply chain.

"In today's environment, gaining visibility throughout the value chain is a major challenge for discrete manufacturers," said Carl McCauley, operations manager for Teradyne's supply chain execution software group, "Teradyne SCE™ 2.1 contains many new customer requested features designed to make high-tech, automotive, and aerospace and defense manufacturers much more productive and efficient in their jobs."

Having access to up-to-the-minute production information enhances customer responsiveness and increases manufacturing efficiency. Teradyne SCE™ 2.1 provides business managers with a comprehensive web-based "Executive Dashboard" view of their manufacturing operations and gives them the information they need to optimize their production processes, supply chains and workforce to decrease time to market, reduce waste, and increase profitability. Discrete manufacturers can view their entire manufacturing process from parts in inventory, to individual order status, to item quality, to as-built genealogy.

Teradyne SCE™ 2.1's tightly integrated statistical process control (SPC) chart display and event alarming functionality means that data is collected once in Teradyne SCE™ and then used many times. Eliminating separate data collection points for each shop floor application speeds the flow of information throughout the organization and reduces costs. Single screen non-conformance functionality provides quicker and more accurate non-conformance data entry and tracking across multiple levels of assemblies and sub-assemblies. Designed to meet the demanding needs of today's electronics manufacturers, process lot and panelization support means that users can start and complete multiple shop floor control numbers with a single bar code read.

Teradyne SCE™ 2.1 easily integrates with other factory and corporate information systems by using industry standard XML interfaces and provides the lowest total cost of ownership through a 100% browser based thin-client and a high performance Java 2 Enterprise Edition (J2EE) application server, providing unparalleled modularity, performance, and scalability.