| For Immediate Release:
Tuesday September 5th, 2000
Automechanika 2000 in Frankfurt
September 6-10, 2000
Hall 8.0 - Stand F46
FRANKFURT, Germany, - GenRad,
Inc. Sept. 5, 2000 - GenRad, Inc. (NYSE: GEN)
today announced that it's Diagnostic Solutions business
unit headquartered in Manchester, England has partnered
with WirelessCar AB of Gothenberg, Sweden to develop
wireless diagnostic services.
Together the companies will interface in-vehicle data
acquisition and telematics systems with global telecommunications
infrastructures to provide a portfolio of diagnostic
services for the transportation/automotive market.
This focused partnership unites the emerging predictive
diagnostic techniques and vehicle knowledge from GenRad
with the ability of WirelessCar to deliver these services
from anywhere around the world.
"Once, the goal in service diagnostics was fix
it right first time," said Peter Miles, Managing
Director of GenRad's Diagnostic Solutions. "Now
this is shifting to Fix it before it breaks."
Miles continues, "Our vision is to avoid faults
occuring on vehicles through the use of predictive on-board
diagnostics. Automotive manufacturers and fleet operators
are already designing vehicle systems utilizing wireless
technology to cover applications such as in-car entertainment,
mobile data connectivity, remote diagnosis, remote configuration
and dealership passive data collection. Through combining
platform flexibility with emerging on-board acquisition
and prognostic technologies, GenRad is able to extend
diagnostic services beyond the conventional service
bay."
"This is the first time that a partnership like
this has been formed within the industry " Jan
Hellaker, President and CEO of WirelessCar commented.
"The combined proposition that both Wireless Car
and GenRad will be able make to our customers within
the Automotive Industry is unrivalled. The diagnostic
expertise that GenRad brings to the partnership will
allow us to continue to extend our range of mobile e-services
to provide a truly unique one-stop shopping opportunity
for wireless services."
About WirelessCar
WirelessCar Sweden AB, is headquartered in Gothenburg,
Sweden in the heart of the new "Wireless Valley".
WirelessCar North America, Inc is located in Irvine,
CA. WirelessCar was founded by Ericsson, AB Volvo, and
Telia AB to bridge the gap that exists between the telecom
and vehicle industries. WirelessCar provides non-branded
services in the areas of connectivity, mobile e-Services,
billing and operations. WirelessCar will handle all
aspects of the wireless technologies leaving the customer
to focus on delivering the right services to the consumer.
WirelessCar will focus on adding value to the vehicle
industry, by helping you connect to wireless world,
the existing infrastructure, and most of all, the end
customer.
For more information please visit www.wirelesscar.com.
About GenRad
GenRad Inc. [NYSE: GEN] develops, manufactures and
markets advanced performance-assurance technologies.
GenRad's primary global markets for OEM and contract
manufacturers include computers, advanced telecommunications
for e-commerce and Internet services and diagnostic
systems for the transportation/automotive industry.
GenRad is comprised of three business units bringing
to market integrated hardware, software and service
solutions that empower always-on services and uninterruptable
business applications:
Process Solutions:
focuses on in-circuit and x-ray test solutions as well
as plant and line management solutions for electronic
product manufacturers.
Functional Solutions:
focuses on functional test platforms for manufacturers
of telecommunications, computers and automotive electronics.
Diagnostic Solutions:
focuses on service bay and manufacturing solutions for
transportation OEMs and independent service providers.
Founded in 1915, GenRad employs 1,600 people and maintains
worldwide headquarters in Westford, MA, USA. The company's
Web address is http://www.genrad.com.
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