Teradyne Commemorates 25 Years of TUG with $25,000 in College Scholarships

Business Wire, April 28, 2008

NORTH READING, Mass. -- Teradyne (NYSE:TER) announced the presentation of two $12,500 college scholarships to commemorate the 25th year of the Teradyne Users Group (TUG) technical conference. The company will present scholarships to the McGill University Faculty of Engineering, located in Montreal, and Texas A&M University, located in College Station, TX.

TUG is being held this week at the Renaissance Austin Hotel in Austin, TX. This year marks the 25th year of the conference, making it the Automatic Test Equipment industry's largest and longest running customer user group conference. Tom Newman, Teradyne vice president of corporate relations, will present the scholarships to both universities during the conference.

"Through the generosity of Teradyne's $12,500 scholarship contribution, we will provide a talented engineering student the financial means to learn and grow in an environment that encourages innovative thinking and openness to the world," said Danis Prud'homme, director of development for the Faculty of Engineering, McGill University. "Our goal is to provide every student the intellectual resources, leadership and professional skills, knowledge and confidence essential for engineers to succeed in today's global economy."

"We are grateful to Teradyne for its long-standing support of our engineering programs at Texas A&M. Teradyne's scholarship donation allows us to continue to provide our students with the resources and educational experiences they need to ultimately make the right career choices," said Dr. Walt Buchanan, department head, engineering technology and industrial distribution, Texas A&M.

This year's conference features technical papers, panels and poster sessions, as well as tutorials that present the latest in test technology. Over 300 TUG attendees will participate in sessions across six major programs, including: digital, mixed-signal, power management/automotive, test infrastructure and production, RF wireless and defense & aerospace. To learn more about TUG, visit the TUG Web site at www.teradyne.com/tug.> About TUG

The Teradyne Users Group (TUG) was started in 1983 by Teradyne customers. The event is open to all licensed users of Teradyne's test systems and software products and is held each year at rotating locations within the U.S. The conference consists of technical papers, poster sessions and tutorials that present the latest in test technology. TUG is managed by an annually elected steering committee of Teradyne users and Teradyne appointed delegates.

About Teradyne, Inc

Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment used to test complex electronics used in the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries. In 2007, Teradyne had sales of $1.1 billion and currently employs about 3,700 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).