LTX Corp.

David G. Tacelli was appointed chief executive officer and president of LTX Corporation in November 2005 and has continued in that capacity following the formation of LTX-Credence in August 2008. In this role, Tacelli is responsible for shaping the company’s vision and strategy for developing innovative semiconductor test solutions, selling to the world’s major integrated-circuit manufacturers. From 2002 to 2005, Tacelli served as president and chief operating officer, responsible for all product development, applications, marketing, sales and customer support activities. Tacelli played a critical role in implementing LTX’s 100% outsourced manufacturing strategy. His effective leadership through this transition was guided by his thorough understanding of customer requirements and a comprehensive knowledge of the LTX organization. Since joining LTX in 1988, Tacelli has served in a variety of positions across the company. He served as executive vice president from 1999 to 2002, chief financial officer and treasurer from 1998 to 2000, and vice president of operations from 1996 to 1998. Other roles include director of manufacturing of the mixed signal division from 1994 to 1996, director of customer service from 1992 to 1994, controller and business manager for operations from 1990 to 1992 and controller for sales and support from 1988 to 1990. Prior to joining LTX, Tacelli was employed by Texas Instruments for seven years in various management positions. He is a graduate of Bryant College.

Roger W. Blethen was elected a director of LTX Corporation in 1980 and was appointed chairman of the board in December 2001. Blethen was chief executive officer of the LTX Corporation, a position he held from September 1996 to October 2005. Blethen was also a president of the company from 1994 to 1996 and a senior vice president of the company from 1985 until 1994. In addition, he was a founder of the company and has served in a number of other senior management positions with the company since its formation in 1976.

Mukesh Mowji, Director - Mukesh is Chairman of Asian American Hotel Owners Association and vice president of sales at LTX Corporation. He and his family have been in the hotel business since 1969 and currently own several franchise hotels in Alabama, California and Florida.

Roger Maggs is a founder and senior partner at Celtic House, a recognized leader in the venture capital industry. Prior to founding Celtic House, Mr. Maggs enjoyed a 27-year career with Alcan Aluminum Limited, a global metals company. He held several senior positions including Vice President, Mergers, Acquisitions and Divestments, President, Alcan Metal Marketing and Vice President Personnel. Mr. Maggs currently sits on the boards of Global Silicon, Cavendish Kinetics and LTX Corporation (NASDAQ: LTXX). Mr. Maggs has a physics degree from The University of Wales and Master's degree from Warwick Business School.

Mark joined SensAble in 2004 as Director of Sales for the Americas. He has nearly 20 years of sales and sales management experience with an emphasis on both indirect channel development and major account/OEM sales. Product sales have ranged from high-volume, standard product to high-value, tailored solutions in the fields of data acquisition and image processing. He has held senior sales, business development, and marketing management positions at LTX, Data Translation, Analogic, and Fibersense Technology. Mark holds an MBA from Babson College and a BSEE from Boston University.

Bruce R. Wright was elected a director of LTX-Credence Corporation in August 2008. He served as a director of Credence Systems Corporation from July 2003 until the formation of LTX-Credence in August 2008. Wright currently serves as senior vice president, finance, chief financial officer and secretary of Ultratech, Inc. From May 1997 to May 1999, Wright served as executive vice president, finance and chief financial officer of Spectrian Corporation, a radio frequency (RF) amplifier company. From November 1994 through May 1997, Wright was senior vice president of finance and administration, and chief financial officer of Tencor Instruments until its acquisition by KLA Instruments Corporation in 1997, which formed KLA-Tencor Corporation, and from December 1991 through October 1994, Wright was vice president and chief financial officer of Tencor Instruments.

As the oldest of five children, parent of three, and leader of one of the largest software developers in Massachusetts for 28 years, the role of mentor has been a natural and lifelong post for Mark Ain. The son of business-savvy parents — a self-employed father, a mother who was one of the first women to graduate from Columbia Law School, and entrepreneurial grandparents — Ain exhibited his own entrepreneurial spirit and leadership skills early in life. Growing up on Long Island, New York, Ain took an active role in raising his younger siblings. After graduating from high school, where he was on the varsity wrestling team, captain of the math team, and passionate about photography, Ain went on to college at the Massachusetts Institute of Technology (MIT), where he knew he would eventually start his own company, telling classmates, "I will make my own way and be successful." In addition to a bachelor's degree in electrical engineering from MIT, Ain earned a master's degree in business administration, with a concentration in organizational development and marketing, from the Simon School at the University of Rochester. After a variety of jobs including a stint with Digital Equipment Corporation and a small market research firm, Ain grew tired of the corporate game and weary of relinquishing creative ideas only to see them not executed to their full potential. He began a quest for the right product idea to start a company. During this period, he was an independent management consultant, focused on strategic planning, product development, and market research for technology companies. It was then that the mechanical time clock came to his attention. With the idea to put a microprocessor inside a time clock, Ain set to work on a prototype. On October 31, 1977, Kronos was incorporated, named for the Greek word for time. In June 1978, after an initial round of angel capital funding, the company moved into an old ironworks plant in Brighton, Mass. Including the proceeds of its 1992 initial public offering, the company raised only $19 million in funding — a remarkably small amount for what is now a half-billion dollar plus company. Ain led Kronos from 1977-2005, to become one of the world's most successful software companies. Under Ain's leadership, Kronos sustained one of the longest records of growth and profitability in the software industry and earned the reputation as the market leader in workforce management. Today, as executive chairman of the Board of Directors, Ain remains actively engaged in Kronos operations. He also serves on the board of directors of several public, private, and charitable organizations. On a personal level, Ain enjoys supporting a number of charitable organizations. Ain's success can be credited in part to his quiet and humane management style, which is best reflected by a motto of philosopher Lao-Tzu: "A leader is best when people barely know he exists. Not so good when people obey and acclaim him. Worse when they despise him. But of a good leader who talks little, when his work is done and his aim fulfilled, they will say, 'We did it ourselves.'"

Dr. Ping Yang was previously employed as Vice President of R&D responsible for deep submicron logic and embedded memory technologies. Prior to that Dr. Yang served as Senior Vice President of TSMC North America and Vice President of design services, DRAM development, and corporate marketing. Prior to TSMC, Dr. Yang was a director of device and design flow at Texas Instruments and was elected a Fellow. Dr. Yang holds Ph.D. and M.S. degrees in electrical engineering from University of Illinois at Urbana-Champaign and is also a Board of Director for Global Unichip of Taiwan.

Robert E Moore was elected a director of LTX Corporation in April 1989. Moore was acting president of Reliable Power Meters, Inc., which manufactures and sells power measurement instruments, from April 2002 when it was purchased by Fluke Corporation until June 2003. Since founding Reliable Power Meters, Inc. in 1992, Moore served as the company's president and chairman of the board until its purchase in 2002. He was also a founder of Basic Measuring Instruments, Inc., which manufactures and sells power measurement instruments. Moore served as a director of that company from 1982 until 1990 and as a senior vice president responsible for marketing and sales from 1985 until 1990.

Stephen M. Jennings is a partner and director of the Monitor Group where he has managed domestic and international projects and relationships in a wide variety of industries, ranging from pharmaceuticals and financial services to consumer goods manufacturing and primary metals. He has also done considerable work in the area of corporate strategy and the enhancement of shareholder value. Steve is a member of Monitor's Office of the Chairman and of the Consulting Group's Global Operating Executive with specific responsibilities for North American operations. Steve is an investor in New Profit, Inc. and has been actively involved in New Profit activities over the years. In addition to advising the Institute on its next phase, Steve is partnering closely with the Institute on the development and application of approaches to address the role that corporations play in creating social benefit.