Press Release

GuideTech Welcomes New President and CEO Frank McKiney

Sunnyvale, CA, Aug 9, 2006 – GuideTech, the leading provider of high-throughput performance-gap-filling ATE solutions, today announced that industry veteran Frank McKiney has accepted the position of GuideTech’s President and CEO.

"As early as 2000, while still at Agilent (then Hewlett-Packard), I have followed GuideTech's progress entering the market to provide high-throughput precision timing and jitter solutions to the ATE industry since their first Femto 2000 installation on the Agilent 93000 for testing cell phone and graphics controller PLLs in production," stated Frank McKiney, GuideTech President and CEO. "I have been very impressed with the company's success in becoming the de facto standard precision timing solution in all the major fabless subcontract test facilities throughout Asia and Korea. The company has experienced six quarters of growth and profitability and I am excited to be given the opportunity to take the company to even greater success moving forward."

"Frank McKiney has already made valuable contributions to the company's direction since joining GuideTech’s board of directors earlier in the year," stated Maximilian Schroeck, Cipio Partners Managing Partner, and GuideTech board member. “Frank brings more than 30 years of experience in the ATE industry in both large and small companies to Guidetech.  I am excited about him leading Guidetech going forward ."

About the GuideTech GT4000
The GuideTech GT4000 enables testers to cost-effectively tailor any test system, legacy, low-end, mid-range or high-end, to address specific test requirements. The GT4000 is being used for high-throughput production test of PCI Express, PLL, and Clock Phase Noise on consumer CMOS Imaging, WiFi and cell phone devices. Built on the company's flagship Femto 2000 CTIA, the GuideTEch GT4000 is now a de facto standard at all major fabless subcontract companies, including Carsem, StatsChipPac, ASE, SPIL, ChipMOS, KYC, and Amkor. Both the Femto 2000 and the GT4000 provide extremely cost-effective AC timing test at throughput speeds unmatched in any production environment and are integrated on numerous ATE Platforms including Teradyne, Agilent, Nextest and Credence.

About GuideTech
GuideTech is the leading innovator in high-performance CTIA-based timing measurement instruments, providing semiconductor manufacturers with the solution they need to minimize timing-related component failure and to dramatically reduce production test costs through test-time reduction and extended ATE lifecycles. GuideTech's unique CTIA Continuous Timing Interval Analyzer technology enables critical, high-speed, functional, timing and jitter test coverage for PLLs and multi-gigabit serial interfaces such as PCI Express and Serial ATA, in milliseconds, in parallel, and in production. Headquartered in Sunnyvale, CA, the company is the first to deliver cost-effective, advanced timing measurement solutions that easily integrate onto any ATE platform. For more information, please contact Tammy L. McClure at (408) 731-8857 or tammy@guidetech.com. Visit the company's Website and view the new corporate video at www.guidetech.com.