| Test expertise, product support
cited by customers as significant factors
WESTFORD, MA -- September
18, 2000 -- GenRad, Inc. (NYSE: GEN), a leading
producer of electronic test equipment, today announced
that it was awarded three substantial orders from leading
computer technology manufacturers in the Asia-Pacific
region, totaling $ 6.9 million. GenRad's expertise in
electronic test and support were cited as significant
factors in earning these contracts.
KDS, one of the world's largest manufacturers of monitors
and monitor components, has awarded GenRad a contract
for two GR TestStation TS84 test machines. The GR TestStation
systems will support production of the manufacturer's
new PC notebook product line, based at its Korean plant.
"GenRad is vital in providing the test expertise
and support required for KDS to achieve success in PC
production, a venture that is a relatively new one for
KDS," said B.H. Lim, manager at KDS.
The products manufactured by KDS are distributed widely
throughout the United States, Canada, Mexico, South
America, Asia and Europe. The company's state-of-the-art
facilities in Korea use sophisticated robotic manufacturing
methods for component insertion and quality assurance.
KDS employs 700 people, and has annual revenues of nearly
$1 billion.
In addition to KDS, contracts in excess of $ 6 Million
have also been recently secured by GenRad from two of
the world's largest contract manufacturers located in
the Asia-Pacific Region.
Located in Malaysia and Singapore, these companies
will also employ GenRad's TestStation and GR2286i technology
to complement the rollout of their leading edge PC motherboard
production lines.
"GenRad is particularly committed to supporting
the growing manufacturing industry in the Asia-Pacific
Region," states James Yu, GenRad's General Manager
for Asia. "We believe that our recent investments
in top quality customer support and state of the art
training facilities here in the Asia-Pacific Region
were significant factors in earning these major contracts."
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.
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 |
Renate Fritz
Director European & Asian Marketing Communications
GenRad Europe Ltd
Adalperostrasse 29
85737 Ismaning
Germany GenRad Inc.
- Singapore
73 Science Park Drive
#03-04 CINTECH Building
Singapore Science Park |
Singapore 118254
Europe:
Tel : +49 89 962 85 303
Fax : +49 89 962 85 301
Asia:
Tel : +65 2784400
Fax : +65 776 6422
fritzr@genrad.com
www.genrad-europe.com |
|