Teradyne earns top supplier honors from Freescale Semiconductor

Teradyne (NYSE:TER) was named Supplier of the Year for 2006 by Freescale Semiconductor. Freescale is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. The annual award honors the Freescale supplier that consistently maintained the best overall quarterly Supplier Performance Rating (SPR) measuring competitiveness, delivery, quality, service and technology alignment for all four quarters of a calendar year. The Supplier Award follows a Continuous Improvement Award presented to Teradyne for 2005 recognizing consistent and marked improvement over time.

"We understand the commitment it takes to achieve this degree of performance excellence," said Tom Linton, vice president and chief procurement officer, Freescale Semiconductor. "This prestigious award is presented to a supplier that has demonstrated exemplary performance. We want to acknowledge Teradyne for the hard work and dedication we know it takes to exceed our expectations. Congratulations on a job well done."

"We take a lot of pride in winning the Freescale Supplier of the Year award and it is a tribute to the entire Teradyne team," said Rob Bunce, Freescale sales manager, Teradyne. "Our team has had a relentless focus on customer satisfaction and understanding what the customer needs from us to succeed. We have worked hard to align ourselves with Freescale's goals and become their trusted strategic partner."