LogicVision Certifies Credence's Quartet SoC Tester as LogicVision Ready

SAN JOSE, Calif.--(BUSINESS WIRE)--March 25, 2002--LogicVision, Inc. , a leading provider of embedded test IP for integrated circuits and systems, today announced Credence Systems Corp., a leading provider of test solutions from design-to-production for the worldwide semiconductor industry, has integrated its Quartet(TM) Series testers with LogicVision's Embedded Test Solution's access technology. This integration, fostered through an ongoing partnership between the two companies, provides leading designers and manufacturers of communications, consumer, and storage semiconductors with an embedded test solution designed to speed time-to-volume and reduce total cost of test.

LogicVision's embedded test capabilities run directly from Credence's Quartet system-on-chip (SoC) test systems for full access and control of embedded test resources within the device-under-test (DUT). Test engineers can save time by initiating go/no-go production or interactive tests to diagnose device failures.

"Today's increasing device complexity has caused the overall cost-of-test to rise considerably," said Ed Wagner, general manager of Credence's Consumer Mixed-Signal (CMS) Division. "Our customers are constantly looking for innovative test methodologies to help reduce these costs. Partnering with LogicVision allows our Quartet customers to utilize embedded test for next-generation ICs without changing test platforms. We believe that LogicVision's Embedded Test technology will close the gap between design and test, while reducing test program complexity and ultimately lowering costs."

"Dataquest predicts that more than 50 percent of all devices designed in the next five years will be complex SoCs*," said Mukesh Mowji, LogicVision's vice president of Marketing. "With this certification, the integration of Embedded Test technology and Credence's Quartet Series hardware enables SoC manufacturers to work in a familiar operating system, creating a more conducive environment to meet time-to-market and test objectives."
Gartner Dataquest "Barometer to the Future ASIC/SOC Market," B. Lewis, October, 2001.

About Credence

Credence Systems Corp. is changing the future of semiconductor production by integrating test solutions throughout the design, validation and production processes. A leader in the manufacture of automatic test equipment (ATE) for the global semiconductor industry, Credence and its subsidiaries also provide design and test validation solutions that enable faster time-to-market with lower total cost-of-test. Headquartered in Fremont, Calif., the Company is an ISO 9001 certified manufacturer and maintains advanced production and design facilities in Hillsboro, Ore. More information is available at http://www.credence.com.

About LogicVision Inc.

LogicVision 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.

FORWARD LOOKING STATEMENTS:

Except for the historical information contained herein, the matters set forth in this press release, including statements as: "We believe that LogicVision's Embedded Test technology will close the gap between design and test, while reducing test program complexity and ultimately lowering costs" and "With this certification, the integration of Embedded Test technology and Credence's Quartet Series software enables SoC manufacturers to work in a familiar operating process, creating a more conducive environment to meet time-to-market and test objectives," are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially, including, but not limited to, and other risks detailed in LogicVision's Prospectus dated Oct. 31, 2001 filed with the SEC and from time to time in LogicVision's SEC reports. 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(TM) 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.

Contact:
     LogicVision
     Clarisse Balistreri, 408/453-0146
     clarisse@logicvision.com
        or
     The Loomis Group for LogicVision
     Vincent Mayeda, 909/614-1767
     vincent@loomisgroup.com
        or
     Credence Systems Corp.
     Judy Dale, 510/492-3118
     judy_dale@credence.com
        or
     e21 Corp for Credence
     Patricia MacLeod, 510/226-6780 ext. 205
     patricia_macleod@e21corp.com