NORWOOD, Mass., March 10, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (Nasdaq:XCRA), today announced a major milestone for a key product of its LTX-Credence brand, the Diamondx. The Company has shipped the 100th Diamondx test system to an OSAT in China for high volume production of HiSilicon application specific devices. This is an important milestone in the success story of the product and validation of its ability to deliver cost-optimized semiconductor test solutions to the market. While the majority of systems are deployed at OSATs (outsource semiconductor assembly and test companies), it is also well-established at fabless companies and IDMs (integrated device manufacturers).
At launch, the Diamondx was targeted to address the ASSP and MCU markets. Devices in these markets are typically used in consumer and mobility applications. Today the Diamondx is broadly deployed and testing a wide range of microcontrollers, power management, connectivity, application and baseband applications. In each of its target markets, the lower capital cost as compared to competitive alternatives, high throughput and low operating costs of the Diamondx allows customers the ability to meet their lowest cost of ownership and cost per device test targets. The field-proven performance and cost advantages of the Diamondx have resulted in repeat orders from existing customers and the addition of new customers including the recent designation of the Diamondx as a strategic platform at a major OSAT.
Pascal Rondé, senior vice president, commented, "Xcerra is dedicated to the success of our customers by providing innovative and cost effective test solutions. The Diamondx provides the ability to test a broad range of applications and its roadmap will continue to expand coverage to an even broader set of devices, accelerating its growth into new markets and customers. We expect the recent selection of the Diamondx by a major OSAT as a strategic platform will further accelerate the product in the marketplace."
Xcerra Corporation is comprised of four businesses in the semiconductor and electronics manufacturing test markets: atg-Luther & Maelzer, Everett Charles Technologies, LTX-Credence and Multitest. The combination of these businesses creates a company with a broad spectrum of semiconductor and PCB test expertise that drives innovative new products and services, and the ability to deliver to customers fully integrated semiconductor test cell solutions. The Company addresses the broad, divergent requirements of the mobility, industrial, automotive and consumer end markets, offering a comprehensive portfolio of solutions and technologies, and a global network of strategically deployed applications and support resources. Additional information can be found at www.xcerra.com or at each product group's website; www.atg-lm.com, www.ectinfo.com, www.ltxc.com and www.multitest.com.
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CONTACT: Investor Contact: Richard Yerganian, Vice President, Investor Relations Xcerra Corporation Tel. 781.467.5063 Email email@example.com