VRGY Verigy Ltd. (MM)

Verigy (NASDAQ: VRGY), a premier semiconductor test company, today announced it has been awarded the 2006 North American Frost & Sullivan �Excellence in Technology� Award for systems-on-chip (SOC) testing solutions. Verigy was recognized for its creation of the Verigy Pin Scale HX card, a best-in-class high-speed card technology for its Verigy V93000 SOC testers. The Frost & Sullivan Excellence in Technology Awards recognize companies for outstanding achievement in technological innovation, strategic product development, leadership and customer service. Recipients are selected by Frost & Sullivan industry analysts after extensive evaluation and research. The Verigy Pin Scale HX is the first solution in the market to support device characterization for high-speed devices and interfaces with data rates up to 12.8 Gigabits per second (Gbps). The high data rates ensure a high signal integrity, which is required for thorough at-speed design characterization and production test of the new generation of device interfaces such as PCI Express�, HyperTransport�, and serializer/deserializer (SerDes), as well as emerging high-speed memory and ultraspeed datacom interfaces. �With the development of the Pin Scale HX high-speed card technology, Verigy has surpassed many existing test solution providers in the industry,� said Jayson Koh, research analyst, Frost & Sullivan. �This advanced, high-performance solution exemplifies Verigy�s excellence in research and technology development and the company is hence recognized with the Frost & Sullivan Award for Excellence in Technology.� �The Pin Scale HX card is an example of our dedication to developing solutions that allow our customers to establish their own best practices for test,� said Keith Barnes, CEO and president, Verigy. �We are very pleased to receive this recognition from Frost & Sullivan.� About Frost & Sullivan Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.awards.frost.com. About Verigy Verigy designs, develops, manufactures, sells and services advanced test systems and solutions for the memory and system-on-chip segments of the semiconductor industry. Verigy�s scalable platform systems are used by leading semiconductor companies worldwide in design validation, characterization, and high volume manufacturing test. Formerly part of Agilent Technologies, the company began doing business as Verigy on June 1, 2006, and completed its initial public offering on June 13, 2006. Information about Verigy can be found at www.verigy.com.