Teradyne Connection Systems and e4eNet Enter eCollaboration Partnership

QUINCY, Mass.--(BUSINESS WIRE)--May 15, 2001--e4eNet today announced that Teradyne Connection Systems, a division of Teradyne, Inc. (NYSE: TER), has agreed to become a beta partner in the development of cutting-edge, Internet based, e-collaboration technology. e4eNet services enable the value added engineering teams at Teradyne to exchange and review technical information with their customers and suppliers. e4eNet provides web-based applications that streamline the approval process for new product introductions by linking engineering teams through a simple web browser. Each part of the manufacturing supply chain can perform engineering data reviews in real time via the web. The entire approval process is documented and maintained ensuring the most current information is available to manufacturing.

About Teradyne Connection Systems

Teradyne Connection Systems (TCS), a division of Teradyne, Inc., is a leading manufacturer of high-performance custom backplanes, high-speed/high-density interconnects, and complete electro-mechanical packaging subassemblies. TCS employs more than 3,000 people at its New Hampshire production facilities and nearly 5,000 worldwide. www.teradyne.com/tcs

About Teradyne, Inc.

Teradyne (NYSE: TER) is the world's largest supplier of automatic test equipment, related software and high performance interconnection systems for the electronics, telecommunications and Internet industries. 1999 sales were $1.8 billion and there are currently more than 10,000 Teradyne employees worldwide. Teradyne products are used to test semiconductors, circuit assemblies, telephone lines and broadband networks. Teradyne's backplane assemblies and high-density connectors are used in the communications and computing systems central to the Internet infrastructure. More than 70% of the company's business is driven by Internet growth.

About e4eNet, Inc.

e4eNet, Inc. is the world leading company for engineering collaboration technology. The systems enable corporations to have direct, over-the-internet engineering integration with all suppliers including distributors, PCB Fabricators and contract manufacturers. e4eNet technology is a suite of premier services which enable proven reduction in product development time.

SOURCE: e4eNet Incorporated