| Westford,
MA, May 1, 2000 - GenRad, Inc. (NYSE: GEN) today
announced it has retained The Torrenzano Group, a New
York-based corporate affairs and financial communications
firm, as strategic communications and investor relations
counsel.
Representing major global corporations, The Torrenzano
Group specializes in building, enhancing and protecting
corporate reputations through high-level counsel and
precise implementation of corporate communications and
investor relations programs.
"The Torrenzano Group brings a highly experienced,
no-nonsense approach to the essential job of supporting
GenRad's communications," said Robert M. Dutkowsky,
GenRad Chairman, President and CEO. "I look forward
to a long and productive association where the beneficiaries
will be GenRad's shareholders, customers and employees."
GenRad awarded The Torrenzano Group its communications
account following a competitive review directed by Marina
del Ray, Calif.-based public relations management consultant,
Jerry Swerling of Swerling & Associates.
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).
GenRad's web site address http://www.genrad.com.
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 1999
Annual Report on Form 10-K for the fiscal year ending
January 1, 2000 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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