LogicVision Expands Global Distribution; Signs D'Gipro as Distributor in India

LogicVision Offers First Embedded Test Seminar in India

San Jose, Calif., July 22, 2002 - LogicVision, Inc., (Nasdaq: LGVN), a leading provider of embedded test for integrated circuits and systems, today announced it has expanded its global distribution with the selection of D'Gipro Design Automation & Marketing Pvt. Ltd., as the exclusive distributor for LogicVision products in India. Under the agreement D'Gipro will sell LogicVision's proprietary Embedded Test 4.0 product line and provide marketing and technical service throughout India. D'Gipro, established in 1987, is one of India's leading electronic design automation (EDA) solutions providers for application-specific integrated circuit (ASIC), field-programmable gate array (FPGA) and system-level design tools.

"India has emerged as an important market for LogicVision, given projected growth rates and the increased presence of multi-national semiconductor design services corporations," commented Mukesh Mowji, LogicVision's vice president of sales and marketing. "Strategically, we have secured a powerful partner in D'Gipro. We expect to benefit from leveraging D'Gipro's established customer network, reputation for excellent customer service, and base of highly-trained and educated professionals - all of which will help LogicVision maximize revenue opportunities in the India market."

S. Ramachandran, managing director of D'gipro, said, "We have already seen interest levels for LogicVision's embedded test solutions from our customers. Companies understand that by using LogicVision's Embedded Test solution, they can immediately meet test challenges and significantly benefit from time-to-market, cost and quality advantages. We look forward to working with LogicVision and building a long-term, mutually beneficial relationship."

Scheduled on July 24, 2002, from 9:30 am to 2 pm, LogicVision and D'Gipro will host its first seminar in Bangalore, India. During the seminar, LogicVision representatives will present and discuss the following:

• Market Test Trends and Test Challenges

• Optimizing Design for Testability; Strategies and Implications

• Silicon Diagnosis & Debug Before Volume Production

• Embedded Test at Board and System Level

For seminar registration please contact D'Gipro's seminar coordinator Suresh Naik via email at: suresh@dgipro-design.com or via telephone at: +91-80-525 4401.

About LogicVision Inc.

LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com .

About D'Gipro

D'GIPRO Design Automation & Marketing Pvt. Ltd. (DDAMPL) is recognized as the leading Electronic Design Automation (EDA) Solutions provider in INDIA. The Company distributes the best of brands in ASIC, FPGA & System Level Design tools, generating over USD 5 Million business annually. For more information on D'Gipro, please visit the company website at www.dgipro-automation.com .

Forward-Looking Statements

Except for the historical information contained herein, the matters set forth in this press release, including statements as to expected business opportunities, increased deployment of LogicVision's Embedded Test Solutions and expansion of sales and customer service in India, and expected benefits of LogicVision's products, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, technological advancements and the development of alternative technologies and competitive products, and other risks detailed from time to time in LogicVision's SEC reports, including its quarterly report on Form 10-Q for the period ended March 31, 2002. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.

LogicVision, Embedded Test, LogicVision Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.