Exhibit 99.1

                   NEXTEST NAMES TIM F. MORIARTY AS PRESIDENT

    SAN JOSE, Calif., March 9 /PRNewswire-FirstCall/ -- Nextest Systems
Corporation (Nasdaq: NEXT), a leading manufacturer of automatic test equipment
(ATE) for cost-sensitive semiconductors, announced that Tim F. Moriarty, vice
president, sales and marketing, has been named president of Nextest, effective
immediately. Moriarty will report to Nextest founder Robin Adler, who continues
in his roles as the Company's chief executive officer and chairman of the board.
As president, Moriarty will lead sales, marketing, operations and R&D for the
company. The role of vice president, sales and marketing has been divided into
two separate positions with Jim Fraine as VP of sales, and Young Kim as VP of
marketing.

    "Tim's vision, character, and leadership ability have been instrumental in
Nextest's success over the past ten years," stated Adler. "He has assembled a
strong team of experts with clearly defined objectives, and I have full
confidence in his ability to position the company for even greater success. We
have worked very closely together, and I am looking forward to the expanded
contribution that Tim will make as president. We are fortunate to be able to
strengthen our management team by adding a president of Tim's caliber."

    Moriarty is a highly regarded ATE veteran, possessing over 22 years
experience within management, marketing, and sales at various high technology
companies. Tim joined Nextest in 1997, the same year the company was founded,
with the charter to build a worldwide sales and customer support team for the
Maverick test system. Since that time, the company has introduced an array of
widely successful test products and to date has shipped over 1,700 test systems
worldwide. Prior to joining Nextest, Moriarty held executive positions at
Megatest Corporation and Teradyne, Inc.

    ABOUT NEXTEST

    Nextest Systems Corporation is a low-cost leader in the design and
manufacture of automatic test equipment (ATE) for Flash memory and System-On-
Chip semiconductors. Nextest's products address the growing demand from
manufacturers for ATE with increased throughput, functionality and reliability,
while reducing time to market and cost of test. Nextest has shipped over 1,700
systems to more than 60 semiconductor companies worldwide. Further information
is available at www.nextest.com.

    At Nextest Systems Corporation:
    So-Yeon Jeong
    Investor Relations Manager
    408-817-7276

    Nextest Agency Contact :
    GEM Design & Public Relations
    Connie Graybeal-Berar
    408-529-4694

SOURCE  Nextest Systems Corporation
    -0-                             03/09/2007
    /CONTACT:  So-Yeon Jeong, Investor Relations Manager, Nextest Systems
Corporation, +1-408-817-7276, or sjeong@nextest.com; or Connie Graybeal-Berar
of GEM Design & Public Relations, +1-408-529-4694, or cberar@mac.com, for
Nextest Systems Corporation/
    /Web site:  http://www.nextest.com/
    (NEXT)