Triant Completes Sale of its Business to PDF Solutions, Inc.

VANCOUVER, Oct. 8 /CNW/ - Triant Holdings Inc. (TSX:TNT, "Triant") announced today that it has completed the sale of substantially all of its assets (consisting of its Fault Detection & Classification business) to PDF Solutions, Inc. (NASDAQ: PDFS), a U.S. Corporation.

The gross value of the transaction to Triant is approximately U.S. $1,750,000, paid in cash, subject to a holdback of U.S. $374,000 for release from escrow after completion of an indemnification period as provided for in the formal Asset Purchase Agreement.

The Directors of the Company intend to satisfy the outstanding liabilities and obligations of Triant and its subsidiaries from the closing proceeds and to declare a liquidating distribution to shareholders, subsequent to which the Company will be dissolved. Management of the Company currently estimates that the liquidating distribution will be approximately $0.21 per common share after deducting from the gross transaction value the estimated costs of the transaction, wind-up costs and other amounts required to satisfy all of the outstanding liabilities and other obligations of the Company; but prior to the deduction of such further reserves as the Directors may establish for unexpected expenses, liabilities and obligations. The actual amount of the liquidating distribution will depend on the actual amount of the Company's expenses, liabilities and obligations as finally determined in the course of liquidating the Company and its subsidiaries and upon the reserves established for further or unanticipated liabilities and obligations. To the extent that the Company's expenses, liabilities and obligations are different from estimates, or if any unforeseen obligations arise, the actual amount distributed to Shareholders may be lower, and possibly substantially lower, than the estimates.

About PDF Solutions, Inc.

Information about PDF is available via the Internet at www.pdf.com.

About Triant

Information about Triant is available via the Internet at www.triant.com.

Forward-looking statements

This news release contains forward-looking statements about Triant and its business. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "anticipates," "believes," "intends," "estimates," "projects" and similar expressions, or that events or conditions "would," "may," "could" or "should" occur. Forward-looking statements are based on the beliefs, opinions and expectations of Triant's Management at the time they are made, and Triant does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances, should change. Readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause Triant's actual results or achievements, including the outcome of any business process, to differ materially from those expressed in or implied by forward-looking statements. These risks, uncertainties and other factors include, without limitation: the alternatives available to the Company for maintaining liquidity in a secondary market after its delisting from the TSX scheduled for October 16, 2008; the actual amount of the U.S.$374,000 holdback that will be released to the Company from escrow after completion of an indemnification period as provided for in the formal Asset Purchase Agreement; and the actual amount of the liquidating distribution to shareholders of the Company, which will depend on the actual amount of the Company's expenses, liabilities and obligations as finally determined in the course of liquidating the Company and its subsidiaries and upon the reserves established for further or unanticipated liabilities and obligations.

Contacts

Robert Heath
President & CEO
Mark Stephens
CFO Triant Holdings Inc.
(604) 697-5090
mail@triant.com