| Westford,
Massachusetts -- February 11, 1999 -- GenRad, Inc.
(NYSE: GEN) announced that Ford Motor Company unveiled
the Worldwide Diagnostic System (WDS) to Ford dealers
on Saturday, February 6, 1999 during the National Automobile
Dealer Association convention in San Francisco. GenRad
was named in July 1997 as the full-service supplier for
WDS. Under that contract, GenRad is supplying Ford with
software development tools, diagnostic applications engineering
and tester hardware systems. WDS replaces several diagnostic
tools currently being used by Ford dealers.
In a press release issued by Ford in conjunction with
their unveiling of WDS, Ford highlighted that the WDS
is its response to the need for a single diagnostic
system that can keep pace with rapidly advancing vehicle
technology worldwide. WDS supports all Ford Motor Company
brands – Aston Martin, Ford, Jaguar, Lincoln,
Mazda and Mercury.
Ford also stated that the WDS will work with Ford vehicles
introduced from 1996 through 1999, plus those that will
be introduced from model-year 2000 forward. It has been
designed to support a number of languages, offering
more than 20 at introduction. The tool will be available
to North American dealers beginning in August.
"The multi-language capability and comprehensive
diagnostic offering within GenRad’s diagnostic
software and hardware allows Ford to provide its worldwide
dealer network with a single tool that has the capability
to support the increasingly complex electronics in all
Ford brands," said Paul Geere, President of GenRad’s
Advanced Diagnostic Solutions (ADS) business unit.
For complete details, see http://biz.yahoo.com/prnews/990206/mi_ca_ford_1.html
or http://biz.yahoo.com/prnews/990206/mi_ford_se_1.html.
GenRad Background
GenRad, Inc. provides electronics OEMs and their customers
with the hardware, software and services to increase
productivity by optimizing product design, manufacturing
and after-market service. GenRad, headquartered in Westford,
MA, offers products and services through three business
units: Advanced Diagnostic Solutions (ADS), Electronic
Manufacturing Systems (EMS), and GR Software (GRS).
GenRad’s web site address is http://www.genrad.com.
GenRad’s most current shareholder information
is available by visiting our Website at http://www.genrad.com
or calling our Fax on Demand Service at (800) 469-1261.
Statements made in this press release which are not
historical, including statements regarding future performance,
product capabilities and markets are forward looking
statements and as such are subject to a number of risks.
Factors that may cause results to differ materially
from those projected are discussed in GenRad’s
1997 Annual Report on From 10K for the fiscal year ending
January 3, 1998 and form 10-Q for the quarter ended
October 3, 1998 under the section "Management’s
Discussion and Analysis of Financial Conditions and
Results of Operations – Factors That May Affect
Future Results."
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