| Westford,
Massachusetts -- June 14, 2000 -- GenRad, Inc.
(NYSE: GEN) announced that it was selected by Alcatel
(NYSE: ALA) to provide GENEVA™ Functional Test Systems
for Alcatel's Raleigh, North Carolina DSL (Digital Subscriber
Line) product line facilities. Initial GENEVA systems
deployment began during 1999, and as demand for DSL technology
accelerates, shipments have continued throughout 2000.
GenRad's functional test systems include easy-to-use
software, a small footprint to optimize floor space,
and high throughput in a stable, repeatable measurement
environment. The platform is deployable for both end-user
modems and DSLAM line card applications. In addition
GenRad is currently working closely with Alcatel for
deployment of the GENEVA platform across new and emerging
technologies, including optical applications.
Gail Hall, Alcatel's Director of Test and Product Introduction
Engineer, commented, "At a time when Alcatel's
DSL market leadership continues to increase, so do the
demands on our production lines and resources. As we
significantly ramp up production to meet the exploding
demand for our DSL products, we require a functional
test solution that will accommodate our rigorous timing
demands. GenRad's expertise in high-volume manufacturing
test solutions meets our needs."
Mike Schraeder, GenRad's President of its Electronic
Manufacturing Solutions business unit, added, "GenRad
is pleased to have been selected to provide functional
test solutions to Alcatel, the world's leading provider
of DSL technologies. The constantly evolving telecommunications
standards require manufacturers in this high growth
arena to operate within tight schedules and under immense
competitive pressures. GenRad's GENEVA functional test
systems are an ideal solution to help Alcatel maintain
its impressive market leadership position."
Alcatel Background
Alcatel builds next generation networks, delivering
integrated end-to-end voice and data communications
solutions to established and new carriers, as well as
enterprises and consumers worldwide. With 120,000 employees
and sales of EURO 23 billion in 1999, Alcatel operates
in more than 130 countries.
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 most current shareholder information is available
at our web site or by 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 1999
Annual Report on Form 10-K for the fiscal year ending
January 1, 2000 and form 10-Q for the quarter ended
April 1, 2000 under the section "Management's Discussion
and Analysis of Financial Conditions and Results of
Operations - Factors That May Affect Future Results."
Contact Information
Walter A. Shephard
Chief Financial Officer
GenRad, Inc.
(978) 589-7440 Phone
(978) 589-2002 Fax
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