2008-10-07 02:11:01 -

www.lecroy.com - LeCroy Corporation Sean B. O'Connor, 845-425-2000 Chief Financial Officer LeCroy Corporation (NASDAQ: LCRY) today announced that it will release its first-quarter fiscal 2009 financial results on Wednesday, October 15. In addition, the Company will be presenting at The AeA Classic Financial Conference in early November.

"In fiscal 2008, we successfully executed a strategy

to improve LeCroy's performance, lower our cost structure and strengthen our distribution channels," said Reslewic. "We followed that by initiating the most impressive oscilloscope product cycle in the Company's history during the first quarter of fiscal 2009."

"In just a few short months, our new WavePro 7 Series of products have reshaped the competitive landscape across the oscilloscope design and debug market," said Reslewic. "They are having a terrific reception in the marketplace. We followed up on this groundbreaking introduction with the world's first complete USB 3.0 protocol analyzer solution, the Voyager, our sixth-generation verification platform. In addition, we just entered a completely new oscilloscope market with the launch of our WaveAce series. This marks LeCroy's first entry into the sub-100 MHz product space, a significant segment of the world oscilloscope market."

"We believe our new product platforms are building a solid foundation for LeCroy's future growth, and we are eager to update our investors on these exciting developments," concluded Reslewic.

First Quarter Financial Results Announcement

LeCroy will release its first-quarter fiscal 2009 financial results before the market opens on Wednesday, October 15, 2008. President and Chief Executive Officer Tom Reslewic and Vice President, Finance and Chief Financial Officer Sean O'Connor will host a live webcast that morning at 10:00 a.m. ET to discuss the results.

Those who wish to listen to the conference call should visit the "Events Calendar" in the "Investor Relations" portion of the "About LeCroy" section of LeCroy's website at www.lecroy.com. The call also may be accessed by dialing (877) 407-5790 or (201) 689-8328. For interested individuals unable to join the live conference call, a webcast replay will be available on the Company's website.

The AeA Classic Financial Conference

LeCroy President and Chief Executive Officer Tom Reslewic will be presenting at the 2008 AeA Classic Financial Conference. The conference is being held November 2 through November 5 at the Manchester Grand Hyatt in San Diego, CA. A separate news release will be issued to announce the specific date and the details for the live webcast.

About LeCroy Corporation

LeCroy Corporation is a worldwide leader in serial data test solutions, creating advanced instruments that drive product innovation by quickly measuring, analyzing and verifying complex electronic signals. The Company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions used by design engineers in the computer/semiconductor/consumer electronics, data storage, automotive/industrial, and military/aerospace markets. LeCroy's 40-year heritage of technical innovation is the foundation for its recognized leadership in "WaveShape Analysis" - capturing, viewing and measuring the high-speed signals that drive today's information and communications technologies. LeCroy is headquartered in Chestnut Ridge, New York. Company information is available at www.lecroy.com.

Safe Harbor

This release contains forward-looking statements, including those pertaining to LeCroy's strategy to improve its performance, lower its cost structure and strengthen its distribution channels; its having launched the most impressive oscilloscope product cycle consisting of the WavePro 7, Voyager verification system and WaveAce(TM) series of digital oscilloscopes, their capabilities, characteristics, capacities, technology, design, performance, effectiveness and usefulness, the size of the market for such oscilloscopes, the likely cost range and whether they are competitively priced, the effectiveness of distribution channels, and whether these new product platforms are building a solid foundation for LeCroy's future growth. There can be no assurance that actual results will not materially differ from expectations. Actual performance and results of operations may differ materially from those projected or suggested in the forward-looking statements due to certain risks and uncertainties including, without limitation, volume and timing of orders received, changes in the mix of products sold, competitive pricing pressure, the Company's ability to anticipate changes in the market, the availability and timing of funding for the Company's current products, the development of future products and the Company's ability to use intellectual property and protect its patent portfolio. LeCroy undertakes no obligation to publicly update forward-looking statements, whether because of new information, future events or otherwise. Further information on potential factors that could affect LeCroy Corporation's business is described in the Company's reports on file with the SEC.

Company to Report First-Quarter Fiscal 2009 Results on October 15;
To Present at AeA Classic Financial Conference in November