Trebia Networks Successfully Performs LogicVision's At-Speed Debug on .18 Micron Prototype Storage Networking Chip

San Jose, Calif., July 22, 2002 - LogicVision, Inc., (NASDAQ:LGVN), a leading provider of embedded test for integrated circuits and systems, today announced that Trebia Networks, Inc., (Acton, Mass.) a provider of Storage Network Processors, successfully implemented LogicVision's Embedded Test Solution™ for silicon debug in its prototype storage networking chip. Based on this experience, Trebia plans to leverage LogicVision's Embedded Test technology for its follow-on chip scheduled for production. With the prototype chip, Trebia has already seen dramatic improvements over traditional test methods as measured by reduced time-to-debug— hours compared to weeks— and reduced cost.

LogicVision's Embedded Test technology was applied on Trebia's complex 0.18 micron prototype chip to isolate initial test program issues. The use of LogicVision's at-speed Embedded Test enabled Trebia to run multiple tests on its device in a lab setup environment within minutes. Using embedded test, Trebia has been able to ensure proper device level testing, provide its manufacturing test company with qualified test pattern information and re-use the chip's embedded test in a board-level environment to confirm the integrity of the embedded test provided to the test house.

"While designing a complex, hierarchical chip, we looked for a test methodology that not only met our test needs, but also provided key customer benefits as well," stated Wayne Koch, Trebia Network's vice president of hardware engineering. "Using LogicVision's Embedded Test technology allows us to deliver accelerated time-to-market and enhanced diagnostics and debug capabilities to our customers."

Mukesh Mowji, LogicVision's vice-president of sales and marketing, said, "Trebia Networks' success in utilizing LogicVision's Embedded Test once again validates the strength of our comprehensive test solution. An increasing number of customers are leveraging the time to market benefits we offer through fastest silicon debug. We look forward to providing Trebia with greater value as they move to volume production."

About Trebia Networks

Trebia Networks, Inc. is pioneering a new category of processor called the Storage Network Processor (SNP) that is specifically optimized for storage networking solutions. The company is dedicated to delivering high-performance, unique system-on-silicon solutions for storage networking applications that greatly accelerate and simplify the development of next generation system products. Trebia has secured over $40 million in start-up funding from leading Venture Partners. Incorporated in July 2000, Trebia Networks is based in Acton, in the middle of Massachusetts' high-tech corridor. For more information, visit Trebia Networks on the Internet at www.trebia.com .

About LogicVision Inc.

LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com .

Forward-Looking Statements

Except for the historical information contained herein, the matters set forth in this press release, including statements as to Trebia's plans to leverage LogicVision's Embedded Test technology for its follow-on chip scheduled for production, expected benefits of LogicVision's technology for Trebia as they move to volume production, and expected benefits of LogicVision's technology to customers, including accelerated time-to-market and enhanced diagnostics and debug capabilities, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the ability of the companies to continue to integrate their technologies, the impact of alternative technologies advances and competitive products, and other risks detailed in LogicVision's quarterly report on Form 10-Q for the quarter ended March 31, 2002 and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.

LogicVision, Embedded Test, LogicVision Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.