Date: 03-15-04
Title:
LTX Appoints ZMC as its Representative in China
Alliance expands growth potential for Fusion test system
WESTWOOD, Mass., March 15, 2004 - LTX Corporation (Nasdaq: LTXX), a leading supplier of semiconductor test solutions, today announced that it has appointed ZMC Technologies, Pte. Ltd., a leading provider of sales, certified training, software solutions and maintenance services, for equipment to the semiconductor industry, as its representative in China. Through this alliance, ZMC will provide sales and service support for LTX customers from its multiple locations in China including Shanghai, Beijing and Shenzen.
ZMC’s semiconductor equipment expertise, solid infrastructure and established team of sales and service professionals led LTX to select ZMC as its China representative. According to China’s Ministry of Information Industry, the expanding China market will represent up to one-third of the global electronics industry by 2005. IC consumption is also expected to continue its strong year-on-year growth of around 30% over the next two years, note reports from the recently concluded International IC-China Conference and Exhibition.
"As demand from foundries and design companies within China grows and as more of our customers expand production centers in China, LTX has strengthened its presence in the region," said David Tacelli, president and chief operating officer of LTX. "Our alliance with ZMC will provide LTX customers in China with the services and support they require to help them achieve their business objectives."
"We are pleased to be working with LTX in China, and look forward to bringing the innovation of Fusion’s scalable, single-platform to the Chinese market," said Lawrence Lee, president of ZMC. "Fusion provides a powerful combination of performance and value that offers compelling advantages to the growing base of customers in this market."
Visit ZMC and LTX at SEMICON China
To learn more about ZMC’s service and support capabilities, or to see first-hand demonstrations of the innovation of LTX’s Fusion test systems, come visit ZMC and LTX at SEMICON China, March 17-19 (ZMC Booth #6509).
About ZMC
ZMC provides sales, maintenance services, certified training, and software solutions for equipment, accessories and process materials to the semiconductor industry in Southeast Asia, China, Taiwan, and India. ZMC is head-quartered in Singapore and has offices located in Malaysia, Thailand, Philippines, Hong Kong, Taiwan, China, and India. ZMC Technologies has been in operation in China since 1993 and presently has offices in several of its major cities. ZMC's website is www.zmc.net.
About LTX
LTX Corporation (Nasdaq: LTXX) is a leading supplier of test solutions for the global semiconductor industry. Fusion, LTX’s patented, scalable, single-platform test system, uses innovative technology to provide high performance, cost-effective testing of system-on-a-chip, mixed signal, RF, digital and analog integrated circuits. Fusion addresses semiconductor manufacturers’ economic and performance requirements today, while enabling their technology roadmap of tomorrow. LTX’s web site is www.ltx.com.
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LTX and Fusion are registered trademarks and enVision is a trademark of LTX Corporation.
All other trademarks are the property of their respective owners.
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