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Technology Stocks : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?

To: Gail who wrote (1235)	5/20/1998 10:38:00 AM
From: David S.	Respond to of 2126

Mr. Blethen continued, "In spite of the economic problems in Asia, in April we consummated an important strategic alliance with Ando Electric Co., Ltd. of Japan to market and develop LTX's Fusion system-on-a-chip test platform for Japanese customers. In exchange for the right to market, sell and manufacture Fusion in Japan, Ando paid LTX $10 million and returned to LTX 1,600,000 shares of LTX Common Stock which it had previously purchased. Ando will also pay royalties to LTX on future sales of Fusion in Japan. With this alliance, Ando has endorsed Fusion as the leading test solution for Japanese system-on-a-chip manufacturers. We firmly believe that Fusion will set LTX apart from its competitors and position the company as an industry leader as this exciting new technology emerges." Ya, if they ever get dam Fusion out the door. It is an excellent machine. They just got to get it shipped. The help from Japan will be good.