Verigy Appoints CEO Keith Barnes Chairman, Adds Industry Veteran Ed Grady to Board of Directors

  
    
  
  
    
      Verigy (NASDAQ: VRGY), a premier semiconductor test company, today 
      announced several changes to its Board of Directors. Keith Barnes, 
      Verigy's chief executive officer and president, has been appointed to 
      the additional role of chairman of Verigy’s 
      Board of Directors. Adrian Dillon, Verigy's former chairman, who is 
      executive vice president, finance and administration, and chief 
      financial officer of Agilent Technologies, announced that, as planned, 
      he is leaving the Verigy Board approximately one year after Verigy 
      became an independent company. Verigy also announced today it has 
      appointed semiconductor industry veteran Edward C. Grady to its Board. 
      In connection with Mr. Barnes becoming chairman, the independent 
      directors also appointed Board member Scott Gibson to the role of lead 
      independent director. These changes were approved by vote today and are 
      effective immediately.
    
    
      "Adrian has played a critical role in helping Verigy reach our current 
      point of success,” said Barnes. “Adrian 
      was instrumental in structuring the company for success as an 
      independent entity, in seeing us through our spin-off and our IPO, and 
      providing key leadership during our crucial first year. His experience, 
      insight and guidance have been invaluable to the Company, and we will 
      miss him on our Board. At the same time, I’m 
      very pleased to have Ed Grady join us. Ed is a seasoned executive with 
      extensive experience in the semiconductor industry, and will be a great 
      addition to our Board of Directors. Scott, through his chairmanship of 
      our Compensation and Nominating & Governance Committees, has 
      demonstrated tremendous leadership on Verigy’s 
      Board. I am very pleased to have him assume the additional role of lead 
      independent director. As we celebrate our first anniversary as an 
      independent company, these leadership changes are yet another milestone 
      in Verigy's growth."
    
    
      "Although this is something of a bittersweet moment for me, I'm 
      delighted that Verigy has taken off so well, and I'm very proud of the 
      work the company has done to get to this point," said Dillon. "I have 
      every confidence that Keith and the rest of the Board will continue on 
      the path we've started and I look forward to watching Verigy's continued 
      success."
    
    
      Mr. Grady, president and CEO at Brooks Automation Inc. (NASDAQ: BRKS), 
      brings more than 30 years of experience in engineering, sales, product 
      marketing, strategic marketing and management to Verigy's Board. Prior 
      to joining Brooks in 2003, he ran several divisions at KLA-Tencor, 
      served as president and CEO of Hoya Micro Mask and was vice president of 
      worldwide sales for the EPI division of Monsanto/MEMC where he started 
      his career. He holds a Bachelor of Science degree in engineering from 
      Southern Illinois University and MBA from the University of Houston. Mr. 
      Grady currently serves on the Board of Directors of Brooks, Evergreen 
      Solar (NASDAQ: ESLR) as well as privately held Integrated Materials, 
      Inc. and Molecular Imprints, Inc. and on the Board of Advisors of 
      Finesse Solutions LLC.
    
    
      About Verigy
    
    
      Verigy designs, develops, manufactures, sells and services advanced test 
      systems and solutions for the memory and system-on-chip segments of the 
      semiconductor industry. Verigy’s scalable 
      platform systems are used by leading semiconductor companies worldwide 
      in design validation, characterization, and high volume manufacturing 
      test. Formerly part of Agilent Technologies, the company began doing 
      business as Verigy on June 1, 2006, and completed its initial public 
      offering on June 13, 2006. Information about Verigy can be found at www.verigy.com.