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VRGY Verigy Ltd. (MM)

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Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Verigy Ltd. (MM) NASDAQ:VRGY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.00 0 01:00:00

Verigy Recognized as '10 BEST' ATE Supplier in VLSI Research 2006 Customer Satisfaction Survey; VLSI's 2005 Survey Results in '

11/07/2006 4:00pm

Business Wire


Verigy Ltd. (MM) (NASDAQ:VRGY)
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Verigy Ltd. (NASDAQ:VRGY) today announced that semiconductor equipment customers have selected the company as a '10 BEST' automated test equipment (ATE) supplier in the annual VLSI Research Customer Satisfaction Survey. Customers representing 95% of the worldwide chip production market ranked Verigy as a leading ATE supplier, rating the company highly in Uptime, Quality of Results, Build Quality, Product Performance and Technical Leadership. Additionally, VLSI Research provided an overall 'Five Star' rating to Verigy based on its 2005 Customer Satisfaction Survey. These ratings are awarded based on a company's overall performance as it relates to equipment performance and customer service when compared to others in the industry. Verigy received five-star ratings in the survey categories of Quality of Results, Product Performance, Technical Leadership and Commitment. "As one of the largest and widely respected pure-play ATE suppliers, Verigy has a legacy of innovating new products that redefine the market as well as the infrastructure to support their customers' needs," said G. Dan Hutcheson, Chief Executive Officer, VLSI Research. "These characteristics were repeatedly endorsed by Verigy's customers in the 2005 survey where the company achieved perfect scores of 100% customer loyalty in ten of the segments it offers products for." "We are pleased to receive such a strong endorsement from our customers," said Keith Barnes, Verigy's president and CEO. "We are committed to their success. Verigy's selection to the '10 BEST' and overall 'Five Star' supplier rating reinforces our commitment to deliver the best products and services to meet the rapidly changing needs of our customers." The VLSI Research annual Customer Satisfaction Survey on Chip Making Equipment is the only publicly available opportunity for chip manufacturers to provide feedback on their suppliers. The '10 BEST' rankings award special recognition to the suppliers that are rated highest by their customers. The results for the 2006 survey were drawn from a distribution of 44,130 questionnaires sent worldwide to companies in Japan, Korea, Taiwan, China, Europe and North America among others. According to VLSI Research, the companies that responded to VLSI Research's customer satisfaction survey represented 95% of worldwide chip production in 2004. About VLSI Research VLSI Research Inc. is the leading provider of market research and economic analysis on the technical, business, and economic aspects of the high technology chip making industry. The company is known for its unparalleled accuracy, innovation in market research, and its sharply focused insight into the rapidly changing landscape of the chip making business. VLSI Research's databases on chip making are used throughout the industry, the investment community, and by governments for decisive strategic planning. VLSI Research was founded in 1976 and incorporated in California in 1981. The company's website is https://www.vlsiresearch.com/. About Verigy Verigy designs, develops, manufactures and sells advanced test systems and solutions for the semiconductor industry. Verigy comprises the semiconductor test business recently separated from Agilent Technologies. The company began doing business as Verigy on June 1, and completed its initial public offering on June 12, 2006. Information about Verigy can be found at www.verigy.com.

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