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


To: TOM E WALTERS who wrote (1418)1/5/1999 12:40:00 PM
From: Philip C Blumer  Respond to of 2126
 
Acelerix Selects LTX As Its Semiconductor Test Equipment Vendor of Choice

WESTWOOD, Mass.--(BUSINESS WIRE)--Jan. 5, 1999--LTX Corporation (Nasdaq: LTXX), a leading supplier of semiconductor test equipment, today announced that Accelerix Incorporated has purchased and taken delivery of a Delta STE, configurable to 512 high performance digital channels, mixed signal instruments and the memory test option. Accelerix, a fabless semiconductor company, produces high performance, single chip graphics accelerators with embedded memory for 2-D, 3-D, Video, DVD and MPEG applications in the growing notebook computer market. The Delta STE will be used for single insertion, multiple die testing at wafer probe and package test of Accelerix's graphics accelerators. Delivery was made to Accelerix's Kanata, Ontario facility.

"As a growing company developing leading-edge products, we need a high performance test solution that can fulfill our present and future testing needs," commented Richard W. White, President and Chief Executive Officer of Accelerix. "Our single-chip graphics accelerators require single insertion testing to meet our aggressive cost and performance goals. LTX offered us a one insertion test solution encompassing high-speed logic, mixed signal and embedded memory, as well as a compatible product roadmap to Fusion(TM), its one-platform, system-on-a-chip tester. By choosing LTX, we are assured of having the test capability we need as our system-on-a-chip development strategy unfolds."

Roger Blethen, President and Chief Executive Officer at LTX, added, "Accelerix produces innovative, highly-integrated graphics and video devices for the growing notebook computer market. Their selection of the Delta STE confirms that our system-on-a-chip focus is appealing to forward-looking companies. With our enVison(TM) software, Accelerix will be able to migrate seamlessly from the Delta STE to Fusion."

Accelerix Incorporated, with headquarters in Kanata, Ontario, is a fabless semiconductor company involved in the design, manufacture and sale of Application Specific Memory "systems-on-a-chip" products for the PC marketplace.

LTX Corporation is the only semiconductor test equipment company to offer a "one test platform, zero compromises" solution for testing the full spectrum of system-on-a-chip, mixed signal, digital and analog integrated circuits. Headquartered in Westwood, Mass., the company has development and manufacturing facilities in Westwood and San Jose, Calif., as well as sales and service facilities throughout North America, Europe and the Pacific Rim. LTX is traded on the Nasdaq National Market under the symbol "LTXX." Further information on LTX can be obtained by calling 1-800-664-3801. LTX's web site is located at ltx.com.

LTX is a registered trademark and Fusion and enVision are trademarks of LTX Corporation.

© Business Wire. All rights reserved.

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To: TOM E WALTERS who wrote (1418)1/12/1999 7:14:00 PM
From: Jerome  Read Replies (1) | Respond to of 2126
 
Dr. TOM, LTXX keeps moving ahead on no apparent news. These are the best kind of moves, because there is nothing to analyze. Your buy at 2+ was brilliant. I bought some more today at 4 7/16. I will add more if it gets above 5.

Regards, Jerome