Press Release

Lucent Technologies Honors Nine Top Suppliers with Third Annual Golden Link Awards

MURRAY HILL, N.J. - Lucent Technologies' (NYSE:LU) Supply Chain Networks group announced that nine of its top suppliers were selected as recipients of Lucent's 2004 Golden Link Awards. Awards were presented by Jose Mejia, president of Lucent's Supply Chain Networks, at a recognition event held at Lucent's headquarters in Murray Hill, N.J.

Amphenol, Andrew Corporation, Anixter, Artesyn, Freescale Semiconductor, Ryder System, Inc., Symmetricom, Teradyne and Texas Instruments were recognized for their significant contributions in key areas including delivery, technology, value, quality and overall relationship. This is the third year Lucent has recognized its top suppliers with these awards.

"These suppliers consistently exceed our expectations in areas that are essential to helping us meet the needs of our customers," according to Mejia. "Over the past several years, Lucent has realigned its supply chain to be faster, flexible and more efficient. We recognize how crucial tight linkages with our key suppliers are to our success, and we appreciate their flexibility, and their constant willingness to innovate as we work together to better serve our customers."

In addition to being named 2004 Golden Link Suppliers, three additional awards were announced. Lucent selected Andrew Corporation, a provider of amplifiers and filters for Lucent's wireless base stations, as Supplier of the Year. The Supplier of the Year receives the Impact Award for having the best overall performance according to SCN's supplier scorecard.

This year, Lucent presented a new award to the supplier that most aided the company in the preparation of bids -- a crucial factor in winning new business. The first recipient of the Winning Edge Award was Freescale, who supported strategic bids and proposals, provided strategic pricing assistance, and generated cost reductions.

Symmetricom, a provider of rubidium oscillators essential for precise timing in Lucent's wireless base stations, received the E.N. Barton Award. This award was named after Enos Barton -- one of the entrepreneurs who founded the company that would eventually become AT&T's Western Electric, Lucent's predecessor -- and recognizes a supplier for developing a winning strategy.

Members of Lucent's engineering and design, customer delivery, quality and Supply Chain Networks organizations nominate suppliers for these awards. A committee, made up of Lucent employees, interviews supplier relationship managers and employees who work closely with the nominated suppliers, reviews the nominations and makes the final selections.

"These suppliers continue to go above and beyond," Joe Carson, vice president of the Supplier Management Group, said. "They have helped Lucent increase its customer satisfaction scores, reduce delivery times, and ensure our customers have what they need, when they need it. We greatly value their partnership."

The other recipients were Amphenol, a strategic connector and cable assembly supplier; Anixter, which manages Lucent's installation-related material needs; Artesyn, a supplier of controller, communication and custom cards for optical and mobility products; Ryder, one of Lucent's lead logistics providers; Teradyne, which provides backplanes and backplane assemblies used in wireless base stations; and Texas Instruments, a semiconductor supplier.

About Supply Chain Networks
Lucent's Supply Chain Networks (SCN) group oversees the end-to-end provisioning of Lucent solutions to its global customer base. SCN is responsible for the management and oversight of supplier and supply chain engineering and management, product engineering, test and component engineering, procurement, manufacturing, logistics and distribution, as well as the company's outsourcing and contract manufacturing efforts.

About Lucent Technologies
Lucent Technologies designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide. For more information on Lucent Technologies, which has headquarters in Murray Hill, N.J., USA, visit www.lucent.com.

About Teradyne
Teradyne (NYSE:TER) is a leading supplier of Automatic Test Equipment and interconnection systems. The company's products deliver competitive advantage to the world's leading semiconductor, electronics, automotive and network systems companies. In 2003, Teradyne had sales of $1.4 billion, and currently employs about 6,300 people worldwide. For more information, visit www.teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc. in the US and other countries. All product names are trademarks or registered trademarks of Teradyne, Inc. (including its subsidiaries) or their respective owners.

About Teradyne Connection Systems
Teradyne Connection Systems (TCS), a division of Teradyne, Inc., is the leader in high-performance connection systems, designing and manufacturing backplane systems, printed circuit boards and the industry's leading high-speed, high-density connectors. TCS helps OEMs solve system design challenges with integrated interconnect solutions for application in the networking, communications, storage, computer server, and medical equipment markets. For more information visit www.teradyne.com/tcs.