LogicVision Forms New Engineering Support and Services Division

Industry Veteran, Kenji Baba Appointed to Drive Strategic Growth of New Division

San Jose, Calif., July 16, 2002 - LogicVision, Inc., (NASDAQ:LGVN), a leading provider of embedded test for integrated circuits and systems, today announced it has formed the Engineering Support and Services Division dedicated to providing engineering and consulting services for chip, board and system level design-for-test (DFT). In addition, LogicVision has appointed 20-year industry veteran Kenji Baba, 49 (age), as vice president of the new division. Baba is chartered with the management and expansion of the division's focus on supporting customers' seamless implementation of Embedded Test from chip design through to systems development.

LogicVision believes the new division will provide its customers with additional LogicVision resource to help shorten implementation time, as well as foster seamless hand-off of chip design integration to manufacturing test. The engineering and consulting services will play a vital role not only in enabling the accessibility of LogicVision's proven Embedded Test Solution, but also in optimizing for future chip design and manufacturing applications.

"LogicVision understands the economic pressures closely tied to the design and manufacturing schedules of its customers. To help accelerate schedules, we are committed to providing not only comprehensive Embedded Test solutions, but world-class engineering support and consulting services to our customers," said Vinod Agarwal, LogicVision president and CEO. "We are very pleased to have Kenji Baba with his extensive track record join LogicVision. We believe that his experience and vision will be invaluable in driving the growth of this new division. Ultimately, our goal is to take a leadership role in helping our customers successfully address the inevitable test challenges associated with larger and more complex chip designs."

LogicVision's application engineering service and support division will focus on five major activities that include:

1. Test Architecture Consulting services - providing initial test architecture recommendations to customers and assisting customer design teams with Embedded Test implementation;
2. Turnkey DFT services - offering test architecture and DFT insertion services and supporting customer design teams integrating Embedded Test solution into their system through Scan/ATPG, Memory BIST, JTAG, or Logic BIST
3. Test program generation - assisting in creating test programs to meet customer test requirements. This includes test vector generation, test vector format conversion and tool customizations
4. Debug and test services -offering first silicon debug and prototype validation; and
5. Worldwide applications engineering support - providing pre and post sales support integrating LogicVision's Embedded Test technology with the customers design flow.

"This is an exciting time to be joining LogicVision. As devices are increasingly more complex and integrating test designs are now more critical than ever. I believe that, LogicVision is the company that can address the challenges of time-to-market delivery and test costs," said Baba. "My initial focus will be on the development and roll-out of the new applications engineering services and support programs that the company expects will facilitate the growing demand for support of Embedded Test technology. I look forward to the opportunities that lie ahead as the company reaches toward its vision to become the world's premier embedded test provider."

Baba brings to LogicVision more than 26 years' experience in bridging the gap between ASIC design, manufacturing test and systems development. Prior to joining LogicVision, Baba held senior management positions at Mitsubishi Electric & Electronics America, Inc. Most recently he was the Director of SLIC Marketing at Mitsubishi Electric & Electronics America, Inc., responsible for managing marketing activities for .25-micron, .18-micron and .13-micron ASICs for Mitsubishi's Server and Networking Applications Division. He also held the position of Vice President of Engineering for VSIS, Inc. (a Mitsubishi subsidiary), managing the 3D Graphics and M32RD Design Group that developed geometry engines, information appliance and GPS chips.

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 .

Forward-Looking Statements

Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected focuses, plans and objectives for the new division, including expected service and support offerings and expected benefits to customers such as assisting with accelerating production schedules and providing an additional resource to help shorten implementation time and foster seamless hand-off of chip design integration to manufacturing test, enabling accessibility of the Embedded Test Solution and optimizing for future design and manufacturing applications, objectives regarding the Company's leadership role in helping its customers address test challenges and the competitive benefits of the division, as well as Mr. Baba's role and the expected growth of the division and demand for Embedded Test technology, the Company's ability to address the challenges of time-to-market delivery and test costs, and the Company's objective to become the world's premier embedded test provider, 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, the Company's ability to implement its plans for the new division, trends in capital spending in the semiconductor industry, the impact of competitive products and alternative technological advances, and other risks detailed in LogicVision's Form 10-Q for the quarter ended March 31, 2002 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 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.