updated 12/1/2010 10:16:44 AM ET 2010-12-01T15:16:44

MILPITAS, Calif., Dec. 1, 2010 (GLOBE NEWSWIRE) -- LTX-Credence Corporation (Nasdaq:LTXC), a global provider of focused, cost-optimized ATE solutions, today announced it has received an "Excellent Supplier" award from United Test and Assembly Center (UTAC Singapore), a subsidiary of UTAC Group (otherwise known as Global A&T Electronics Ltd), for excellent service and support provided by LTX-Credence Singapore. LTX-Credence was the only ATE supplier to receive such an award in 2010.

Regina Liew, group vice-president of supply chain management of UTAC Group, commented, "Annually we recognize those suppliers that provide the highest level of service and support to the Group.  This award recognizes the dedication and hard work of the LTX-Credence Singapore team and their support in helping us provide our customers the same level of excellence."

David Tacelli, chief executive officer and president of LTX-Credence, commented, "We are pleased that UTAC Group has acknowledged our ability to provide world-class support to our customers.  Our team is very much focused on ensuring our customers' success. This award to our Singapore team is just one indication that we are achieving our goal of providing the highest level of service and support to our customers on a global basis."

About UTAC Group

UTAC Group ("Global A&T Electronics Ltd and subsidiaries") is a leading independent provider of semiconductor assembly and testing services for a broad range of integrated circuits including memory, mixed-signal, analog, logic and radio frequency ICs.  The Group offers a full range of package and test development, engineering and manufacturing services and solutions to a worldwide customer base, comprising leading integrated device manufacturers (IDMs), fabless companies and wafer foundries. UTAC Group operates manufacturing facilities in Singapore, Thailand, Taiwan and China, in addition to its global network of sales offices and sales network in the United States, Europe, Japan, Korea, China and Singapore. For more information, please visit www.utacgroup.com

About LTX-Credence Corporation

LTX-Credence is a global provider of ATE solutions designed to deliver value through innovation enabling customers to implement best-in-class test strategies to maximize their profitability.  LTX-Credence addresses the broad, divergent test requirements of the wireless, computing, automotive and entertainment market segments, offering a comprehensive portfolio of technologies, the largest installed base in the Asia-Pacific region, and a global network of strategically deployed applications and support resources.  Additional information can be found at www.ltxc.com .

CONTACT:  LTX-Credence Corporation
          Rich Yerganian

          UTAC Group
          Josephine Lim
          65 64810033

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