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Featured Article
Teradyne Partners with Test Advantage
for Refurbished Test Equipment Certification Program
TEMPE, AZ – April 3, 2008 – Teradyne, Inc. (NYSE: TER), a world leader in high efficiency, low-cost test, has launched a new certification program for Teradyne refurbished test equipment and chose Test Advantage of Tempe, Arizona as a partner for the endeavor. Test Advantage brings an unparalleled palette of resources, including a large and continuously refreshed inventory of Teradyne equipment, and an in-house team with 100+ years of Teradyne ATE experience.
“Test Advantage has been the premier source of refurbished, Configured-to-Match™, Teradyne test equipment for over 11 years, and has enhanced its customers’ competitive advantage with reliable, quick-turn, capacity solutions,” commented Test Advantage CEO Fabrice Dechoux. “Test Advantage has received a number of awards for its innovation, execution and growth in this market space, and strives to bring even more value to Teradyne users through this partnership with Teradyne.”
The new equipment certification process applies to Teradyne test systems no longer in production, which includes the J900 and A500 families, Catalyst and Tiger test systems. The refurbishment program enables customers to add capacity with equipment that is consistent with Teradyne quality standards. Teradyne will certify that the test equipment meets a rigorous reconfiguration, test and ship process. Teradyne-Certified refurbished test systems will be installed and warranted by Teradyne.
“Customers use Teradyne’s legacy test equipment long after the initial purchase, and this program provides a reliable source to meet their capacity demands with a solution that Teradyne can confidently stand behind,” said Jim Mahon, general manager, Teradyne Global Customer Services. “The tester certification program creates another way for us to support the needs of our customers while ensuring the quality that customers count on from Teradyne.”
About Test Advantage, Inc.
Founded in 1997, Test Advantage’s mission is to provide innovative, comprehensive, reliable and timely capacity solutions and services to the semiconductor test industry worldwide. The company has established itself as the leading source of refurbished Configured-To-Match™ Teradyne ATE systems and has delivered more then 250 Teradyne testers and system upgrades for the leading semiconductor manufacturers and sub cons. Coupled with its leading refurbishment business is an extensive inventory of systems, parts and options fully supported by its worldwide infrastructure and service personnel. The Tempe, Arizona-based company operates with offices worldwide to support the leading global ATE users. Test Advantage has received numerous business and supplier awards over the past several years, including recent recognition as one of the fastest growing privately held companies by the 2007 Inc. magazine “Inc. 5000.” More information on these awards and other key aspects of the Test Advantage business model can be found at www.testadvantage.com.
About Teradyne
Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment used to test complex electronics for the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries. In 2007, Teradyne had sales of $1.1 billion, and currently employs about 3800 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) or their respective owners.
For more information, contact:
Mark Button
Impress Public Relations
(408) 310-2168
mark@impress-pr.com
2008
2007
November 2007
TEST ADVANTAGE APPOINTS TERADYNE VETERAN
DOUG ELDER AS SENIOR VICE PRESIDENT
TEMPE, AZ— NOVEMBER 26, 2007: Test Advantage Inc. announced today that Teradyne veteran Doug Elder has joined the company as Senior Vice President of its Hardware Division, responsible for the Teradyne value-added reselling activity.
Mr. Elder comes to Test Advantage from Teradyne, where he spent 22 year in various roles at the company. Starting in 1985 as a Sales Engineer, Mr. Elder worked upwards within the organization, serving most recently as Vice President and General Manager of the Semiconductor Test Business from 2003 to 2007.
Commenting on the appointment, Fabrice Dechoux said: “Doug Elder brings many years of senior executive level experience with Teradyne to Test Advantage in the form of market knowledge, customer relationships and platform expertise. His addition to our senior management team is of significant value to Test Advantage, as the largest Teradyne value-added equipment re-seller, and positions us perfectly to grow our Teradyne business still further.”
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November 2007
TEST ADVANTAGE AND COMPREHENSIVE
DEVELOPMENT SERVICES (CDS) JOIN FORCES
TEMPE, AZ - November 7, 2007: Test Advantage Inc., the most recognized and leading Teradyne value-added equipment reseller, today announced that it has reached an agreement with Comprehensive Development Services (CDS) under which the two companies will join forces. The new entity, which will operate under the Test Advantage name, is firmly positioned as the largest Teradyne value-added equipment re-seller, with well over 150 years of combined Teradyne expertise across all current and legacy platforms and historic Teradyne equipment sales of over $140 million.
No details of the terms of the agreement between Test Advantage and CDS are being made available at this time. Test Advantage CEO, Fabrice Dechoux, will be the CEO of the combined entity. All employees and officers of the two companies in North America, Europe and Asia will remain in place.
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September 2007
Tempe-Based Test Advantage Ranks Number 3110 on the 2007 Inc. 5,000
With Three-Year Sales Growth of 103 Percent.
NEW YORK, NY/ TEMPE, AZ. - September 21, 2007 – Inc. ranked Test Advantage number 3,110 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms.
Test Advantage Inc. is a leading supplier of both custom-configured Automated Test Equipment (ATE) and innovative software technology tools for semiconductor test. Since it was founded in 1997, Test Advantage has experienced pronounced periods of growth, winning the 2001 Ernst & Young Entrepreneur of the Year award in part for rapid growth during the period 1997 - 2000. The Inc. 5000 award is focused on revenue growth over the last few years, which continues to be strong, driven by Test Advantage's established and growing market share in its hardware and software activities.
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2005
May 2005
Test Advantage Earns Texas Instruments 2004 Supplier Excellence Award
TEMPE, ARIZONA: Test Advantage Incorporated announced that it has been awarded the prestigious Texas Instruments (TI) 2004 Supplier Excellence Award. This award recognizes Test Advantage’s ability to repeatedly deliver superior rebuilt and custom-configured semiconductor testers to Texas Instruments sites globally.
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