Teradyne Number One in Boston Globe 100; Best of Massachusetts Businesses

BOSTON--(BUSINESS WIRE)--May 21, 2001--Teradyne, Inc. (NYSE: TER), the world's largest supplier of automatic test equipment (ATE) for the electronics and telecommunications industries, announced today that the company was ranked number one in The Boston Globe's thirteenth annual Globe 100, a listing of the best performing companies throughout Massachusetts. Companies selected for awards were from a wide-range of businesses including electronics, banking and consumer goods.

"2000 was a great year for Teradyne, as it was for many technology companies", said George Chamillard, CEO and chairman of the company. "Since we won this same award in 1996, the competition has gotten even tougher. We are pleased that The Boston Globe has awarded us their #1 ranking again and we thank our customers and our employees, who made the award possible."

Companies listed in the Globe 100 were chosen from a group of Massachusetts-based businesses listed on the NASDAQ, New York Stock Exchange, or American Stock Exchange. Information was collected by Compustat which analyzed Securities and Exchange Commission filings, commercial news services, and corporate and government reports. The companies were ranked based on financial data for the four quarters ending closest to December 31, 2000 and for corresponding quarters a year earlier. Each company must have been public for all of 2000 and reported 2000 revenue of at least $25 million and not reported a loss in either 1999 or 2000.

An interactive version of The Globe 100 is available at http://www.boston.com. Photos and video available upon request.

About Teradyne, Inc.

Teradyne (NYSE: TER) is the world's largest supplier of automatic test systems for the semiconductor industry and a leading supplier of high performance interconnect systems for the telecommunications and networking industries. Teradyne products are used to test semiconductors, printed circuit board assemblies telephone lines and broadband networks. Teradyne's backplane assemblies and high-density, high-bandwidth connectors are used in the communications and computing systems central to the networking infrastructure.

In 2000, the company had sales of $3.0 billion and currently employs more than 9600. Teradyne was included on the S & P 500 in 1999. Teradyne's World Wide Web address is http://www.teradyne.com.

“Since we won this same award in 1996, the competition has gotten even tougher. We are pleased that The Boston Globe has awarded us their #1 ranking again and we thank our customers and our employees, who made the award possible.”