Amphenol Announces Purchase of Teradyne`s Aerospace Defense Connector and Backplane Business

WALLINGFORD, Conn.--(BUSINESS WIRE)--June 6, 2001--Amphenol Corporation (NYSE-APH) announced it has signed an agreement for the purchase of Teradyne, Inc.'s (NYSE-TER) Aerospace Defense connector and backplane business.

The Aerospace Defense business, part of Teradyne's Connections Systems Division, designs and manufactures connectors and backplane assemblies for aerospace and defense applications. In 2000, the Aerospace Defense business had net sales of approximately $26 million. The acquisition will further strengthen Amphenol's leadership position as a supplier of aerospace interconnect systems. The transaction is expected to close later this month.

Amphenol Corporation is one of the world's leading producers of electronic and fiber optic connectors, cable and interconnect systems. Amphenol products are engineered and manufactured in the Americas, Europe and Asia and sold by a worldwide sales and marketing organization. The primary end markets for the Company's products are communication systems for the converging technologies of voice, video and data communications, including wired and wireless internet and broadband networks, and industrial, automotive and aerospace applications.