Business Editors/High-Tech Writers
FREMONT, Calif.--(BUSINESS WIRE)--Aug. 21, 2000--Credence Systems
Corporation (Nasdaq:CMOS), a leading manufacturer of automatic test
equipment (ATE) for the worldwide semiconductor industry, today
announced that Korea's LG Electronics has purchased the Quartet
One(TM) consumer mixed-signal tester. LG Electronics, which
specializes in the development of digital consumer products, will use
the Quartet One for testing CMS devices for its digital TV and display
products. LG Electronics will leverage Credence's network of
Quartet-based foundries and test outsource companies once the devices
ramp up to volume production.
"Credence is a leading supplier of test equipment for Asia's
booming test outsource business," said Dr. Graham Siddall, president
and CEO of Credence. "We are very pleased with this order from LG
Electronics since they are such a key company in the Korean
According to Mr. Bo-Ik Sohn, General Manager of the System IC
Center, LG Electronics, "The new Test Blaze software tools for the
Quartet have helped us speed time-to-volume production and
time-to-market, which is critical to our ability to provide
competitive products in this fast-paced consumer digital market. And,
with the Quartet, we can leverage a large network of foundries and
test houses in Asia for volume production."
The Quartet One has been installed in LG Electronics' Corporate
Institute of Technology, Seoul, Korea.
About the Quartet Series
The Quartet mixed signal series combines a unique digital test
subsystem with industry-leading audio, video, and RF instruments
designed to seamlessly test CMS ICs, including high-volume
cost-sensitive SoC (system on chip) devices targeted at the Internet,
communications, and entertainment markets. The Quartet family includes
Quartet One(TM), Quartet LC(TM), Quartet One XL(TM), and Quartet
About LG Electronics
LG Electronics has been the leader of the Korean electronics
industry for 40 years. Since its establishment in 1958 as Korea's
pioneer consumer electronics company, LG Electronics has dramatically
expanded beyond its original borders to become a truly world-class
enterprise with 35,000 employees in over 120 countries, and with
customers in over 150 nations. LG Electronics makes high-end
future-oriented products, such as monitors for digital TVs, flat panel
LCD monitors, flat face tube monitors, and CD-ROM and DVD-ROM drivers.
The company also manufactures sophisticated electronic home
appliances, such as intelligent air conditioners, dehumidifiers, and
microwave ovens. LG Electronics is targeting $11.8B in revenue this
year. LG Electronics is headquartered in Seoul, Korea. More
information is available at http://www.lgeus.com.
About Credence Systems
Credence Systems Corporation is a leader in the manufacture of
automatic test equipment (ATE) for the global semiconductor industry.
Credence offers a wide range of products with test capabilities for
digital, mixed-signal, and memory semiconductors.
Utilizing its patented CMOS technologies, Credence products are
designed to meet the strict time-to-market and cost-of-ownership
requirements of its customers. Headquartered in Fremont, California,
the company maintains advanced production and design facilities in
Hillsboro, Oregon. Credence, an ISO 9001 certified manufacturer, is
listed on the Nasdaq National Market under the symbol CMOS. More
information is available at http://www.credence.com.
Note to Editors: Credence, Credence Systems, Quartet, Quartet One,
Quartet LC, Quartet One XL, and Quartet Logic are trademarks of
Credence Systems Corporation. Other trademarks that may be mentioned
in this release are the intellectual property of their respective
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