WESTWOOD, Mass., Sep 24, 2001 (BUSINESS WIRE) -- LTX Corporation (Nasdaq: LTXX) announced today that Mark S. Ain, founder and chief executive officer of Kronos Incorporated (Nasdaq: KRON), has been elected to its Board of Directors, effective September 12, 2001.

"Mark Ain's entrepreneurial accomplishments, extensive expertise and leadership will be extremely valuable to LTX, " said Roger W. Blethen, President and CEO of LTX Corporation. " We are pleased to welcome Mark to the LTX board and look forward to his contributions."

Under Ain's leadership, Kronos has become the leading provider of frontline labor management solutions with 30,000 customers and 1,900 employees worldwide. Kronos has consistently earned a place on Software Magazine's "Top 500 Software Companies," The Boston Globe's "Top 100," and Forbes' "200 Best Small Companies." Ain also serves on the board of KVH Industries, Inc., a manufacturer of navigation and satellite communications equipment and Park Electrochemical Corporation, a manufacturer of electronic materials used to fabricate printed circuit boards and semiconductor packages.

"I am very excited to join the Board of Directors of one of the leading semiconductor test equipment companies in the world," said Ain. "I am pleased that LTX Corporation has presented me with this opportunity and look forward to adding value."

LTX Corporation is the only semiconductor test equipment company to offer a "one test platform, zero compromises" solution for testing the full spectrum of system-on-a-chip, mixed-signal, digital and analog integrated circuits. Headquartered in Westwood, Mass., the company has additional development facilities in San Jose, Calif., as well as sales and service facilities throughout North America, Europe, the Pacific Rim and Japan. LTX is traded on the Nasdaq National Market under the symbol "LTXX." Further information on LTX can be obtained by calling 1-888-INFOLTX (or 888 463-6589). LTX's web site is located at http://www.ltx.com.

CONTACT: Rich Yerganian
LTX Corporation
781.467.5063 (t)
rich_yerganian@ltx.com
www.ltx.com