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LTX-Credence Announces the Selection of PAx Tester by Shimane Masuda Electronics

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NORWOOD, Mass., Jan. 8, 2013 (GLOBE NEWSWIRE) -- LTX-Credence Corporation (Nasdaq:LTXC), a global provider of market focused, cost-optimized ATE solutions, today announced that Shimane Masuda Electronics Co. Ltd (SME), a leading company of semiconductor assembly and test services in Japan, has selected the PAx for volume production testing of RF front end devices.

"We have been offering our customers high value added packaging and manufacturing technology for over 28 years, and we know how critically important it is to provide cost competitive solutions to customers. PAx is the key test platform for us to meet this challenge for RF devices," said Futoshi Hiratani, chief operation officer of SME.

"LTX-Credence continues to be the market leader for testing RF front end devices and the adoption of PAx by companies like SME is further validation of that market position," said David Tacelli, LTX-Credence president and chief executive officer. "PAx delivers best-in-class RF test technology while also providing customers the ability to minimize their test costs. SME joins an impressive list of customers that have chosen PAx as their test platform for RF front end devices."

About Shimane Masuda Electronics

Shimane Masuda Electronics, Co., Ltd. (SME), a leading company of semiconductor assembly and test services in Japan, founded in 1984, is headquartered in Masuda Japan (Shimane Prefecture). SME manufactures a variety of electronic products related to the mobile phone industry; data transmission and radio integrated circuit amplifiers utilizing microelectronic processes, such as surface mount assembly; ceramic packaging; high resolution bonding; and other areas. SME's customers include Mitsubishi, Sharp, Hitachi Metals, Omron, and other major manufacturers. For more information please visit the SME web site: http://www.sme-ltd.com.

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.

CONTACT: Richard Yerganian, LTX-Credence Corporation Tel. 781.467.5063 Email rich_yerganian@ltxc.com

Source:LTX-Credence Corporation