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GENRAD LAUNCHES NEW HARDWARE AND SOFTWARE OFFERINGS
 
Anaheim, California -- February 23, 1999 -- GenRad, Inc. (NYSE: GEN) today, at the NEPCON West trade show in Anaheim, unveiled two new products that further its presence as a leader in providing manufacturing optimization solutions for printed circuit board (PCB) manufacturers. GenRad’s launch of these hardware and software products reaffirms the Company’s commitment to assisting its customers meet time-to-market, time-to-volume and time-to-profit challenges in today’s ever-changing world of electronics.

GR TestStation™

GR TestStation is an all real pin production test system, allowing the simultaneous use of all tester resources at every test point on a board. Time-to-market requirements were one of the factors that drove the development of GR TestStation. With its all real architecture, this newest member of the GR228X family allows users to build fixtures as soon as the design information is available, reducing test development time. GR TestStation also allows the manufacturer to quickly implement engineering change orders (ECOs) into the process. Additionally, GR TestStation accepts fixtures and programs from other test system manufacturers.

GR Producibility Analyzer

GR Producibility Analyzer is design software for the PCB manufacturing process. By incorporating site-specific data regarding the machines which make up a customer’s manufacturing line, GR Producibility Analyzer checks a board’s design for potential problems that may arise during manufacturing. Any potential problems found can be corrected in the design phase, reducing the manufacturer’s rework costs.

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 product capabilities 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 Form 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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