LeCroy Announces Analyzer System Targeted at Automotive Industry

Date : 05/05/2004 @ 4:05PM
Source : PR Newswire
Stock : Lecroy (MM) (LCRY)
Quote : 7.0  0.25 (3.70%) @ 4:41PM
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LeCroy Announces Analyzer System Targeted at Automotive Industry

LeCroy Announces Analyzer System Targeted at Automotive Industry CANbus Analyzer Extends Reach of WaveRunner 6000 Series

CHESTNUT RIDGE, N.Y., May 5 /PRNewswire-FirstCall/ -- LeCroy Corporation , a leading worldwide provider of oscilloscopes and related test and measurement equipment, today introduced a CANbus analyzer system called 'CANbus TD'. CANbus TD is the Company's first test solution targeted at the automotive industry and is intended to help automotive electronics engineers validate designs involving the increasingly prevalent CAN serial data protocol developed for automotive applications. CANbus TD is designed to be used with LeCroy's popular WaveRunner 6000 series oscilloscopes.

"CANbus TD provides design engineers with a new tool to debug automotive electronics systems and networks more quickly and accurately," said LeCroy Executive Vice President and Chief Operating Officer Scott Bausback. "By improving the reliability of their systems and parts, automobile manufacturers can lower costs -- an important advantage in this competitive industry where half of the warranty problems on new vehicles stem from electronic system failures. CANbus TD provides an essential first step in helping to reduce those failures."

"One of LeCroy's growth objectives is to secure key vertical markets with innovative new products," said LeCroy President and Chief Executive Officer Tom Reslewic. "Already, the WaveRunner 6000's market-leading performance in the 350 MHz to 2 GHZ class of oscilloscopes makes it the ideal general purpose oscilloscope for a range of automotive applications. By adding CANbus TD, automotive engineers will be able to measure electronic system signals more precisely and compare them with design protocols to identify problems intuitively that previously passed unrecognized through the development process."

About LeCroy Corporation

LeCroy Corporation makes advanced instruments for measuring and analyzing complex electronic signals. The Company's core products are high-performance oscilloscopes used by design engineers in the computer and semiconductor, data storage device, automotive and industrial, and military and aerospace markets.

LeCroy's 40-year heritage of technical innovation is the foundation for its recognized leadership in "WaveShape Analysis" -- capturing, viewing and measuring the high-speed signals that drive today's information and communications technologies. Targeting a growing billion-dollar global market, LeCroy meets a broad spectrum of customer needs with four families of oscilloscopes, and distributes these products through a worldwide direct sales organization. LeCroy is headquartered in Chestnut Ridge, New York, and Company information is available at http://www.lecroy.com/.

Safe Harbor

This release contains forward-looking statements pertaining to the Company's ability to launch new products successfully, including the CANbus TD, the Company's ability to secure vertical markets, as well as other estimates relating to future operations. All such forward-looking statements are only estimates of future results, and there can be no assurance that actual results will not materially differ from expectations. Actual performance and results of operations may differ materially from those projected or suggested in the forward-looking statements due to certain risks and uncertainties including, without limitation, volume and timing of orders received, changes in the mix of products sold, competitive pricing pressure, the Company's ability to anticipate changes in the market, the availability and timing of funding for the Company's current products, the development of future products and the Company's ability to use intellectual property and protect its patent portfolio. LeCroy undertakes no obligation to publicly update forward-looking statements, whether because of new information, future events or otherwise. Further information on potential factors that could affect LeCroy Corporation's business is described in the Company's reports on file with the SEC.

Contact: Scott D. Kantor Chief Financial Officer LeCroy Corporation Tel: 845.425.2000

DATASOURCE: LeCroy Corporation

CONTACT: Scott D. Kantor, Chief Financial Officer of LeCroy Corporation,

+1-845-425-2000

Web site: http://www.lecroy.com/

Company News On-Call: http://www.prnewswire.com/comp/112071.html

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