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LTX ANNOUNCES TWO ONE-WEEK FURLOUGHS

 LTX ANNOUNCES TWO ONE-WEEK FURLOUGHS
 WESTWOOD, Mass., Feb. 10 /PRNewswire/ -- LTX Corporation


(OTC: LTXX) announced today that it is instituting an expense reduction program. This program will entail two one-week furloughs, without pay, in the weeks of Feb. 17-21, 1992 and March 16-20, 1992. These measures will result in the reduction of both manufacturing and operating expenses.
 Graham Miller, LTX president, commented: "Despite an improvement in order rates seen in the quarter just completed last month, we are taking this step to bring our expenses more in line with the expected revenues of the company."
 LTX Corporation is a leader in the design, manufacture and marketing of computer-controlled equipment for testing linear, digital, mixed-signal and discrete devices. For integrating the total production environment, from engineering through final test, LTX offers multi-platform networking and information products. Headquartered in Westwood, Mass., LTX has worldwide sales and service facilities to support its customer base.
 -0- 2/10/92
 /CONTACT: R. Scott Higgins of LTX Corporation, 617-461-1000/
 (LTXX) CO: LTX Corporation ST: Massachusetts IN: CPR SU:


TM-DH -- NE020 -- 8313 02/10/92 13:02 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 10, 1992
Words:181
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