Advantest Establishes New Subsidiary Cloud Testing Service, Inc.

TOKYO--(BUSINESS WIRE)--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
Business Description	Planning and sales of semiconductor testing services via test IP licensing
	Planning CloudTesting^TM Station terminals for testing service users
Capital	¥ 300 million
Executives	Representative Director & President	Manabu Kimura
	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: [phone]

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