In the news release, Eagle Test Systems (Nasdaq: EGLT) Announces
Termination of Hart-Scott-Rodino Waiting Period, issued earlier today by Eagle
Test Systems, Inc. over PR Newswire, the first paragraph, second sentence,
should read, 'Eagle Test also announced that the merger is expected to close
on or about November 18, 2008, and that it has obtained all necessary consents
required to close the transaction on such date.' Release was incorrectly
transmitted by PR Newswire. Complete, corrected release follows:
Eagle Test Systems Announces Termination of Hart-Scott-Rodino Waiting Period
BUFFALO GROVE, Ill., Nov. 11 /PRNewswire-FirstCall/ -- Eagle Test Systems,
Inc. (Nasdaq: EGLT), a provider of automated test equipment solutions for
high-performance analog, mixed-signal and radio frequency (RF) semiconductors,
announced today that it has received early termination of the waiting period
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended,
with respect to the previously announced merger agreement among Eagle Test,
Teradyne, Inc. ('Teradyne') and Turin Acquisition Corp., a Delaware
corporation and a wholly owned subsidiary of Teradyne. Eagle Test also
announced that the merger is expected to close on or about November 18, 2008,
and that it has obtained all necessary consents required to close the
transaction on such date.
About Eagle Test Systems, Inc.
Eagle Test designs, manufactures, sells and services high performance
automated test equipment for the semiconductor industry. The company's
products are used to test analog, mixed-signal and radio frequency (RF)
semiconductors that are used in products such as digital cameras, MP3 players,
automotive electronics, cellular telephones, computers and peripherals. The
company was founded in 1976 and has offices located throughout the world in
Asia, North America and Europe, with corporate headquarters in Buffalo Grove,
Illinois. For more information, please visit www.eagletest.com.
Safe Harbor
This press release may contain forward-looking statements within the
meaning of the federal securities laws. When used, the words 'anticipate,'
'assume,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'project,'
'result,' 'should', 'will' and similar expressions that do not relate solely
to historical matters identify forward-looking statements.
