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GenRad to Partner with WirelessCar To Offer Global Diagnostic Services Through In-vehicle Telematic Systems
 

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.

For more information in Europe:
Joanne Gay
Marketing Communications Manager
GenRad Ltd
Orion Business Park
Birdhall Lane
Stockport
Cheshire SK3 OXG
UK
Tel : +44 161 491 9190
Fax : +44 161 491 9106
gayj@genrad.co.uk
www.genrad-europe.com

 

For more information in North America:
Tim Mahan
Director, Marketing Communications
GenRad, Inc.
7 Technology Park Drive
Westford, MA 01886-0033
USA Tel : +1 978.589.7015
Fax : +1 978.589.2064

mahant@genrad.com
www.genrad.com

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