Advantest Establishes New Subsidiary Cloud Testing Service, Inc.

  Advantest Establishes New Subsidiary Cloud Testing Service, Inc.

Business Wire

TOKYO -- October 02, 2012

Advantest Corporation (TSE: 6857, NYSE: ATE) today announced that it has
established a new subsidiary to conduct sales of its CloudTesting^TM Service,
which provides test solutions utilizing IT and cloud computing technology.

Fusing cutting-edge test technology with cloud computing, Advantest’s new
CloudTesting^TM Service represents a new concept in semiconductor test:
on-demand test solutions tailored precisely to customer needs. The
establishment of Cloud Testing ^ Service, Inc. creates a framework for the
Advantest Group to provide this new service promptly and flexibly, at a highly
competitive price point. The new subsidiary was incorporated on October 1,
2012 and officially launched sales of CloudTesting^TM Service today.

Background to the Establishment of Cloud Testing Service, Inc.

Amid rapid technological innovation in the semiconductor industry, Cloud
Testing ^ Service, Inc. is poised to make a broad, immediate contribution to
R&D testing needs. Customers can download test software and applications from
the cloud on demand, selecting the optimal tools for their test and evaluation
/ analysis requirements.

Advantest has established Cloud Testing ^ Service, Inc. as a new subsidiary to
underline the paradigmatic nature of this shift from the existing model of
semiconductor test equipment manufacturing and sales to a new business model
anchored in internet-based commerce.

Corporate Overview     
                                                              
Registered Name            Cloud Testing Service, Inc.
                                                              
Place of Business          Marunouchi 1-6-2, Chiyoda-ku,
                           Tokyo, Japan
                                                              
                           Planning and sales of
Business Description       semiconductor testing services via
                           test IP licensing
                           Planning CloudTesting^TM Station
                           terminals for testing service
                           users
                                                              
Capital                    ¥ 300 million
                                                              
Executives                 Representative Director &          Manabu Kimura
                           President
                          Director                           Yoshiaki Yoshida
                           Director                           Toshiaki
                                                              Watanabe
                           Auditor                            Takayuki Arai
                                                              
Revenue Target             ¥ 1 billion

Further Inquiries
Cloud Testing Service, Inc.
Marunouchi 1-6-2, Chiyoda-ku, Tokyo, Japan
Tel: +81-3-3214-7716

All information supplied in this release is correct at the time of
publication, but may be subject to change.

Contact:

Advantest Corporation
Hiroki Yanagita, 03-3214-7500
PR/IR Section
 
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