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Teradyne, Intel to Host SEMI ‘High Tech U’ Program on Semiconductor Manufacturing and Careers in Greater Boston Area, June 2-4

May 25, 2004

BOSTON, May 25 /PRNewswire/ — Next week, semiconductor industry companies Teradyne and Intel will host the SEMI Workforce Development Institute, called “High Tech U,” a program that introduces local high school students to the science of making semiconductors and to career opportunities available within the high-tech industries.

The program, which runs June 2-4, was created by the San Jose, Calif.- based industry association Semiconductor Equipment and Materials International (SEMI) as a way of getting more students interested in science and math and in high-tech careers. The curriculum includes hands-on experiments that introduce semiconductor manufacturing concepts and explain microchip logic, as well as sessions on educational pathways and career planning. Classes will be held at Teradyne, Intel, and Northeastern University.

A total of 40 students from high schools in Boston, North Reading, Hudson and Worcester will participate in the program. They were selected by school guidance counselors and teachers. Corporate sponsors providing financial and instructor support include Teradyne, Intel, and Rohm and Haas.

Despite industry fluctuations, the long-term prospects for job growth in high-tech remain strong. Much of that job growth is expected to come from the development of advanced semiconductor technology in major high tech communities like the greater Boston area.

Since the SEMI Workforce Development Institute program began in 2001, 20 “High Tech U” programs have been held nationwide in Arizona, New York, California, Colorado, Oregon, Washington and Texas. The Boston/Hudson program is the third of 11 SEMI Workforce Development Institutes to be held in 2004. The program’s success has also attracted international interest, with plans underway for institutes in Europe and Asia.

“We’re helping to excite students and motivate them to pursue high tech careers,” explained Lisa Anderson, vice president of workforce development for SEMI. “There has been a significant decline in the number of students pursuing math and science-related courses in the U.S. This is a problem that affects the greater Boston-area economy and every other high-tech community. Without interested, qualified students, our leadership in technology innovation and semiconductor manufacturing will be lost.”

“The US has been the envy of the rest of the world when it comes to technology innovation,” said George Chamillard, Teradyne Chairman and CEO. “But for us to maintain our innovation engine, we need to get young people interested in technology and science, and make sure they’re taking the right courses now to prepare for the jobs of the future. High Tech U is an innovative program that does just that, and Teradyne is proud to bring it to the Boston area.”

“Skilled people are the lifeblood of the high-tech industry,” said Rob Richardson, Intel’s East Coast Education Manager. “Intel is committed to helping our education system produce more young people who are comfortable with technology and have a solid grounding in science and math. High Tech U supports this goal, and we’re proud to host it at our Hudson campus.”

About SEMI.

SEMI is a global industry association serving companies that develop and provide manufacturing technology and materials to the global semiconductor, flat panel display, MEMS and related microelectronics industries. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, San Jose (Calif.), Seoul, Shanghai, Singapore, Tokyo and Washington, D.C. For more information, visit http://www.semi.org/.

About Teradyne

Teradyne is a leading supplier of Automatic Test Equipment, and interconnection systems. The company’s products deliver competitive advantage to the world’s leading semiconductor, electronics, automotive and network systems companies. In 2003, Teradyne had sales of $ 1.4 billion, and currently employs about 6200 people worldwide. For more information, visit http://www.teradyne.com/. Teradyne is a trademark of Teradyne, Inc. in the US and other countries.

About Intel

Intel, the world’s largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at http://www.intel.com/pressroom.

BEST VISUAL OPPORTUNITIES —

Day One: Wednesday, June 2 — All activities are at Teradyne, 600 River Park Dr., North Reading

9:50-10:50 a.m. — VIP welcome breakfast. Meet High Tech U staff; representatives from Teradyne, Intel, and Rohm and Haas; participating students, and community leaders.

2:25-4:15 p.m. — Sketch & Etch — students use real fab techniques to design and develop a chip circuit on a glass plate.

Day Two: Thursday, June 3 — All activities are at Intel, 75 Reed Road, Hudson

10:05-11:05 a.m. — Hacky Sack Catapult: The air is filled with hacky sacks as kids learn how medieval technology relates to modern day chip making in a math and statistics exercise called “Statapult.”

2:05-2:50 p.m. – Human Calculator: Using a “feet on” exercise, like the game “Twister,” students try not to get tangled up as they simulate electron microprocessor flow.

Day Three: Friday, June 4 — Northeastern University, Stearns Center, 4th Floor, 420 Huntington Ave, Boston

12:35-2:35 — Students view robotics demonstration.

The SEMI “High Tech U” Program promotes partnership between industry and education

— At a time when schools are facing increased fiscal constraints and are

being forced to reduce core science and math programs, it is vital for

industry to step up and support education where it can.

— The SEMI “High Tech U” program provides an opportunity for the

companies that built the semiconductor industry to contribute to the

future success and growth of the industry. We’re benefiting our youth

through the support of education and benefiting our industry by

fostering the development of our future workforce.

Intel is a registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.

SEMI

CONTACT: Andy Porter of Teradyne, +1-617-422-2629 (office) or+1-617-312-3820 (cell); Patrick Ward of Intel, +1-978-553-6327 (office) or+1-877-552-6686 (pager); Janice White of Rohm and Haas, +1-508-229-7075(office) or +1-508-335-1442 (cell); Steve Sylven of Northeastern University,+1-617-373-7424 (office) or +1-617-823-2726 (cell); or Gary Summers of SEMI,+1-925-284-7004 (office) or +1-925-330-6055 (cell)

Web site: http://www.semi.org/