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Notice Concerning the Dissolution of a Subsidiary
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Tokyo - September 26, 2007 - Advantest Corporation (the "Company") resolved at the meeting of its Board of Directors today to dissolve its subsidiary, Advantest Technology Solutions Corporation.
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| 1. |
Reason for Dissolution |
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The Company established Advantest Technology Solutions Corporation in 2005 as a wholly owned subsidiary responsible for the business related to semiconductor design verification systems that utilized new test technology to simplify the verification process. However, the Company does not anticipate the continuation or further development of this business at the present time, and has therefore resolved to dissolve Advantest Technology Solutions Corporation. |
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| 2. |
Profile of Advantest Technology Solutions Corporation |
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| Name: |
Advantest Technology Solutions Corporation |
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| Location: |
403 Kosugi-cho 1-chome, Nakahara-ku, Kawasaki-shi, Kanagawa, Japan |
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| Representative: |
Shigeru Sugamori |
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| Primary Business: |
The development, manufacture and sale of semiconductor design support equipment |
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| Established: |
July 1, 2005 |
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| Capital: |
80 million yen |
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| Shareholder: |
Advantest Corporation (100%) |
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| 3. |
Date of Dissolution |
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Advantest Technology Solutions Corporation is scheduled to be dissolved in December 2007. |
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| 4. |
Outlook |
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The effects of the dissolution on the consolidated and non-consolidated business performance of Advantest Corporation for the fiscal year ending March 31, 2008 are expected to be minor. |
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| Note: |
All information supplied in this release is correct at the time of publication, but may be subject to change without warning. |
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Advantest Corporation is the world’s leading automatic test equipment supplier to the semiconductor industry, and also produces electronic and optoelectronic instruments and systems. A global company, Advantest has long offered total ATE solutions, and serves the industry in every component of semiconductor test: tester, handler, mechanical and electrical interfaces, and software. Its logic, memory, mixed-signal and RF testers and device handlers are integrated into the most advanced semiconductor production lines in the world. Founded in Tokyo in 1954, Advantest established its first subsidiary in 1982, in the USA, and now has 40 subsidiaries worldwide. Among them, Advantest America, Inc. is based in Santa Clara, CA., and Advantest (Europe) GmBH is based in Munich, Germany. More information is available at www.advantest.co.jp. |
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