RSW Software and eGlobal Technology Partner to Bring Premier Web Application Testing Solutions to the Asia Pacific Market

WALTHAM, Mass. and SINGAPORE--(BUSINESS WIRE)--June 26, 2000--

RSW Software Inc., the Web testing technology leader and a business unit of Teradyne, Inc. (NYSE: TER), and eGlobal Technology, an Asia Pacific based e-business software and services firm, today announced they have established a strategic partnership that will enable eGlobal Technology to distribute RSW's e-business application testing solutions to the Asia Pacific market. With this agreement RSW continues to extend its global reach, and will enable organizations in Asia Pacific to gain access to the fastest and most accurate e-business application testing solutions.

By distributing RSW's award winning testing solutions -- e-TEST(TM) suite for functional and load testing and performance monitoring and EJB-test(TM) for testing the scalability and functionality of Enterprise JavaBeans (EJB) middle-tier applications -- e-Global will provide 10 key markets in Asia Pacific the ability to rapidly optimize their e-business application performance. Businesses in Australia, China, Hong Kong, Indonesia, Korea, Malaysia, New Zealand, Singapore, Taiwan, and Thailand are now able to better utilize their e-business applications to compete both domestically and in the global economy.

"With Forrester Research's prediction that Asia Pacific will see a total of $1.6 trillion (US) in e-commerce by 2004, Web application testing is becoming increasingly important to organizations in the region. By bringing in RSW Software's superior Web testing solutions, we ensure the success of our customers' e-business initiatives," said Don Saunders, CEO, eGlobal Technology. "RSW was the logical choice to address our market's need for rapid and rigorous testing of the reliability and availability of business-critical Web applications."

"Asia Pacific is a major focus for the development of business-to-consumer and business-to-business e-commerce applications," said Richard Huang, general manager, Asia Pacific, RSW Software. "We are excited to partner with eGlobal to provide best-in-class testing solutions to this market and to become a major contributor to the growth of e-commerce in this fast-growing, global economy. Our expansion into the Asian market and our partnership with eGlobal reinforce RSW Software's leadership position in the worldwide Web application performance testing industry."

About RSW Software

RSW Software Inc., a unit of Teradyne, Inc. (NYSE: TER), provides organizations the fastest and most accurate e-business application testing solutions, allowing companies to optimize their e-business application performance. RSW Software's development-to-deployment approach to managing Web application quality enables companies to maximize the reliability of their sites and their return on e-business investments. Comprised of hundreds of companies in financial services, communications, retail and e-commerce, RSW's customer base includes companies such as American Airlines, British Telecom, People's Bank, Countrywide Home Loans, MCI Worldcom, Sprint PCS and a host of leading dot-com entities.

About Teradyne

Teradyne is the world's leading automated testing company whose products and services address the test requirements of a broad range of semiconductors, electronic assemblies, communications systems and software applications. Headquartered in Boston, Massachusetts, Teradyne had 1999 sales of $1.8 billion. Its stock is listed on the New York Stock Exchange under the symbol TER.

About eGlobal Technology

eGlobal Technology Services advises, services and joint-ventures with enterprise software companies initiating operations in the Asia Pacific region. eGlobal Technology Services maintains direct local operations throughout 10 countries in the Asia Pacific region. The company contributes experienced personnel, mature processes, and established technology infrastructure in Korea, China, Taiwan, Hong Kong, Thailand, Malaysia, Indonesia, Singapore, Australia and New Zealand. eGlobal accelerates its partners' market entry while sharing the investment and minimizing the operational risks inherent in establishing direct operations in the region. eGlobal Technology Services is headquartered in Singapore and can be reached at [phone] or via email [e-mail].

e-TEST and EJB-test are both trademarks of RSW Software Inc. in the United States and other countries. All other names are used for identification purposes only and may be trademarks of their respective owners.

“Asia Pacific is a major focus for the development of business-to-consumer and business-to-business e-commerce applications”