"LogicVision test solutions have gained significant traction in leading semiconductor companies worldwide," said James T. Healy, CEO of LogicVision. "We are seeing increased recognition among our customers that delivering high quality silicon while containing manufacturing test costs is a priority design issue, and we look forward to working with Amblot to drive the adoption of LogicVision's tools in the leading European semiconductor companies"
"We're excited to add LogicVision comprehensive SoC test solution to our products portfolio," said Francois Durif, President of Amblot. "We believe there is unique opportunity to expand LogicVision adoption in the leading semiconductor companies in Europe to help these companies address the increasing challenges of testing complex semiconductor SoCs."
Under the terms of the agreement, Amblot will be able to sell the complete line of LogicVision test solutions. Amblot's office is located in Paris, France. For more information, please see http://www.amblot.com
About LogicVision Inc.
LogicVision (NASDAQ: LGVN) provides proprietary technologies for achieving highest quality silicon manufacturing test while reducing test costs for complex Systems-on-Chip. LogicVision's Dragonfly Test Platform(TM) enables integrated circuit designers to embed test functionality into a semiconductor design that is used during semiconductor production test and throughout the useful life of the chip. Dragonfly Test Platform, with ETCreate(TM), Silicon Insight(TM) and Yield Insight(TM) product families, improves profit margins by reducing device field returns and test costs, accelerating silicon bring-up times and shortening both time-to-market and time-to-yield. 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 Company's outlook, interest for the Company's products, and successes in adoption of the Company's solutions, 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, the possibility that orders could be modified or cancelled, existing customer orders may not be renewed, the ability of the Company to negotiate and sign customer agreements and obtain purchase orders, trends in capital spending in the semiconductor industry, the timing and nature of customer orders, whether customers accept the Company's new and existing products, the impact of competitive products and alternative technological advances, and other risks detailed in LogicVision's Annual Report on Form 10-K for the year ended December 31, 2007, LogicVision's Quarterly Report on Form 10-Q for the quarter ended June 30, 2008 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.