Elpida Memory, Inc.
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Agreement Reached to Create New Wafer Testing Company

Tokyo, 26 July 2005 - Elpida Memory, Inc. (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), today announced that it has reached an agreement with Advantest, Kingston Technology and Powertech Technology on forming a new start-up company that will serve as the world's largest wafer testing service. The new company, to be called "Tera Probe," is expected to begin operations on 1 October 2005.

Hiroshima Elpida Memory, a wholly owned subsidiary of Elpida, and other semiconductor companies will order the new company to provide wafer testing for their DRAM products.

Please see the addendum for an overview of the new company.

PDF also available in Adobe PDF format

The information contained within this news release, is current as of the date of release. Please note that the information herein may be revised later without prior notice.

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