VRGY Verigy Ltd. (MM)

Verigy designs, develops, manufactures and sells advanced test systems and solutions for the semiconductor industry. Verigy comprises the semiconductor test business recently separated from Agilent Technologies. The company began doing business as Verigy on June 1, and completed its initial public offering on June 12, 2006. Information about Verigy can be found at www.verigy.com. Building upon 65+ years of testing technology innovation, Verigy's advanced solutions help semiconductor designers and manufacturers lower their costs of test and improve their competitiveness. Verigy's "brilliance of innovation" recognizes the fundamental way our customers transform daily life with their innovations in computing, communications and consumer electronics. It also acknowledges Verigy's role in enabling the technology performance and business results with our innovations in "Tester-per-pin" and "Tester-per-site" architectures, ASIC-based test processors and much more. Verigy's 1500+ employees serve a broad installed customer base worldwide. More than a decade ago, we introduced the concept of a scalable and flexible test platform architecture, which today spans the two general categories of semiconductor devices being tested: -- V93000 Series platform for testing System-on-a-Chip (SOC), System-in-a-Package (SIP) and high-speed memory devices -- V5000 Series platform for testing memory devices, including flash memory and multi-chip packages (MCPs) We believe our advanced test solutions are especially well-equipped to address the growing challenges in today's semiconductor market. Our test equipment and services provide optimal combinations of flexibility, cost and performance to a wide range of designers and manufacturers in the semiconductor industry. Measurable benefits extend across all stages of bringing a semiconductor product to market, from design to production prototype to high-volume manufacturing. We are building from a proud heritage -- the roots of Hewlett-Packard Company and the strengths of Agilent Technologies -- to strengthen our position as a leading semiconductor test equipment and services supplier. As Verigy enters this next phase of our company's rich history, we will continue our technology innovation on scalable platform architecture with continuous performance and capability enhancements. We will continue to deliver our solutions and support globally with world-class professionalism, expertise and integrity -- so our customers have an outstanding total experience with Verigy. As we designed our new company, we are streamlined, more flexible and focused exclusively on semiconductor test. Our objective -- by shortening time to market and lowering their overall cost of test -- is nothing less than to provide our customers the highest return on their investment in test equipment. -0- *T Company: Verigy Headquarters Address: 5301 Stevens Creek Blvd. Santa Clara, CA 95051 Main Telephone: 408-553-2424 Website: www.verigy.com Ticker: VRGY(NASDAQ) Type of Organization: Public Industry: Technology Key Executives: CEO: Keith Barnes Public Relations Contact: Jana Knezovich Phone: 408-553-3333 Email: jana_knezovich@agilent.com *T