GenRadês president and CEO, Jim Lyons noted –this acquisition is in line with our stated intention of broadening our presence in the automotive aftermarket. The expertise that we gain from the acquisition of Mastertech will both further that strategy and provide better diagnostic capabilities to independent service providers. We are very pleased with the acquisition.”

This acquisition, a combination of cash and stock, is non-dilutive.

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 Solutions (EMS), and GR Software (GRS). GenRadês 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 GenRadês 1998 Annual Report on Form 10-K for the fiscal year ending January 2, 1999 and form 10-Q for the quarter ended October 2 , 1999 under the section –Managementês Discussion and Analysis of Financial Conditions and Results of Operations À Factors That May Affect Future Results.”