INDUSTRYWEEK Magazine Selects Teradyne as One of the World`s 100 Best-Managed Companies

BOSTON--(BUSINESS WIRE)--Aug. 16, 2000--Teradyne, Inc. (NYSE:TER) is included in the fifth annual list of INDUSTRYWEEK'S 100 Best-Managed Companies. Chosen by IW editors and a panel of international experts, the list will appear in the August 21, 2000, issue of INDUSTRYWEEK.

Candidates for INDUSTRYWEEK'S 100 Best-Managed Companies were selected from the INDUSTRYWEEK 1000, a list of the world's largest publicly held manufacturing companies based on revenues. Waltham, Massachusetts-based Primark Corp. supplied the data for the IW 1000, which was published in June.

Each company was selected after a lengthy evaluation by the editors and panelists that included the following: analysis of the company's financial performance; a questionnaire that the IW 1000 company's were given an opportunity to complete; research into the company's practices in such areas as philanthropy and safety. A panel of more than 90 business leaders, analysts, and academicians then voted on the final selections.

"INDUSTRYWEEK'S 100 Best-Managed Companies are the world's leaders in innovative management strategies," says John Brandt, INDUSTRYWEEK'S publisher and editor-in-chief. "Their emphasis on long-term growth makes them models for every corporation."

"Teradyne is pleased to be included on this year's IndustryWeek list," stated Thomas B. Newman, Jr., vice president of corporate relations at Teradyne. "This selection by IndustryWeek is affirmation of the company's commitment to sound and innovative management."

About INDUSTRYWEEK

INDUSTRYWEEK magazine is exclusively dedicated to covering the complexities of managing a manufacturing company in today's New Economy for senior management. The magazine, which has more than 850,000 readers, is published by Penton Media Inc. (NYSE:PME), a diversified business media company that publishes magazines and electronic information products, produces trade shows and conferences, and provides marketing and business development products and services, including direct mail lists, research, and custom printing. Copies of IW can be ordered through its customer sales and service department at 800-326-4146.

About Teradyne

Teradyne is the world's largest supplier of automatic test equipment, related software and high performance backplanes for the electronics and telecommunications industries. 1999 sales were $1.8 billion and there are currently more than 8000 Teradyne employees worldwide. Our products are used to test semiconductors, circuit assemblies, telephone lines, networks, computerized telephone systems, and software. Teradyne's backplane assemblies and high-density connectors are used in high-performance electronic systems in communications and computing. More than 70% of the company's business is being driven by Internet growth.

“INDUSTRYWEEK'S 100 Best-Managed Companies are the world's leaders in innovative management strategies”