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Teradyne & Spirent Cooperate to Drive Down Testing Costs and Improve Service Quality

DEERFIELD, Ill. --(Business Wire)-- Sept. 21, 2004 Teradyne (NYSE:TER) and Spirent Communications (NYSE:SPM) (LSE:SPT), leaders in broadband service assurance solutions, today announced that they are working together towards DSL service assurance test solutions for the world's leading phone companies. The parties have recently shared product information with the goal of developing an integrated product offering to customers. The shared technical specifications relate to Teradyne's industry leading Loop Diagnostic Unit (LDU 100(TM)) and Spirent's CopperMax(R) test platforms. Prototypes will be shown at the upcoming IEC Broadband World Forum trade show in Venice, Italy (September 20th - 23rd) at Teradyne's booth (#1158) and Spirent's booth (#1100).
The LDU 100 is Teradyne's core DSP measurement head for the Celerity(R) and 4TEL(TM) test systems and provides a common platform to support voice and DSL. The LDU 100 has been successfully deployed across Teradyne's installed base of some 140 million lines in support of voice and DSL copper loop testing. Spirent's CopperMax test unit is their flagship test head that supports all of today's popular DSL variants for physical and logical layer connectivity. CopperMax, working hand-in-hand with Spirent's REACT(R) OSS, is used by many of the worlds leading telephone companies for end-to-end DSL circuit testing.

Charter Cable Broadband Bob Copithorne, vice president and general manager of Teradyne's Broadband Test Division said: "The goal of these joint activities is to enable our customers to leverage their extensive installed base of test heads by cost effectively migrating to end-to-end broadband service assurance solutions from Teradyne and Spirent."

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Internet Phone Service Commenting on the anticipated benefits of this relationship, Geoff Zeidler, president of European operations for Spirent Communications said: "This collaboration is about experienced companies creating a more cost effective way to help customers deliver multiple services over the existing and new networks. Together we will address both centralized and field force testing, demonstrating our commitment to meeting carriers' needs to reduce costs and enhance service quality without increasing risk through unproven solutions."

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Comcast Cable Broadband Teradyne Broadband Test is a division of Teradyne, Inc. (NYSE: TER). The group develops state-of-the-art testing capabilities that support service providers' goals to sell and deploy more broadband services sooner and improve the efficiency of qualification, provisioning, and customer care for DSL and CATV high-speed data networks. Teradyne(R) systems test approximately 140 Million access lines worldwide, including 48 million lines for DSL qualification. Teradyne is the world's largest supplier of automatic test equipment and is also a leading supplier of high performance interconnection systems. The company had sales of $1.4 billion in 2003 and currently employs about 6,200 people worldwide. For more information on Teradyne Broadband Test Products, visit Teradyne at: http://www.teradyne.com/prods/btd/.

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Verizon Broadband Dsl Spirent Communications (http://www.spirentcom.com) is a global provider of integrated performance analysis and service assurance systems that enable the development and deployment of next-generation networking technology such as Internet Telephony, broadband services, 3G wireless, global navigation satellite systems, and network security equipment. Spirent's solutions are used by more than 1,500 customers in 30 countries, including the world's largest equipment manufacturers, service providers, enterprises and governments. Based in Rockville, Maryland, Spirent Communications reported 2003 revenue of $394 million and has 1,800 employees worldwide. The company is the largest business group of Spirent plc, traded on the London and New York Stock Exchanges (LSE: SPT; NYSE: SPM; CUSIP number: 84856M209). http://www.spirent.com. Spirent Communications' sales to the United States government are made through Spirent Federal Systems. http://www.spirentfederal.com

Sbc Dsl Internet Teradyne(R) is a trademark of Teradyne, Inc. in the U.S. and in other countries. All other brands and product names are trademarks or registered trademarks of Teradyne, Inc. (including its subsidiaries) or their respective owners.

Broadband Phone Cable Spirent, Spirent Communications and the Spirent logo are trademarks of Spirent plc. All other trademarks or registered trademarks mentioned herein are held by their respective companies. All rights reserved.

Cable Modem Vs Adsl This release contains "forward-looking statements" as defined under the Federal Securities Laws, which are based on the assumptions and expectations of Teradyne's management at the time such statements are made. These statements are neither promises nor guarantees but involve risks and uncertainties, both known and unknown, that could cause Teradyne's actual results to differ materially from those projected in the forward-looking statements. These forward-looking statements include statements regarding Teradyne's order growth, future business strategies and market opportunities, improvements in our business, demand for our products, product development, and general economic outlook. Among the risk factors are: adverse changes in general economic or market conditions, war or the threat of terrorist attacks; technological and market changes; timely implementation of new technologies and collaboration; Teradyne's ability to protect its intellectual property; the historically cyclical nature of the markets that Teradyne serves; new product development introductions and transitions and any delays; uncertainty of customer acceptance of new product offerings including the timing, price and mix of new product acceptance; the risks of operating internationally which include political and economic instability and unexpected changes in legal and regulatory requirements and in policy changes affecting international markets; and other events, factors and risks previously and from time to time disclosed in our filings with the Securities and Exchange Commission including, but not limited to, Teradyne's annual report on Form 10-K and quarterly reports on Form 10-Q. Teradyne assumes no obligation to update the information in this press release.

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