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Celestica Recognizes GenRad With Global 'Partners in Performance' Award
 

WESTFORD, MA, -- June 18, 2001 -- GenRad, Inc. [NYSE: GEN], a global leader in electronics testing and manufacturing solutions, today announced it was awarded a first year Partners in Performance award by Celestica Inc. (NYSE, TSE: CLS), a world leader in electronics manufacturing services (EMS), for GenRad's GR Force/SCE™ supply chain enabling software.

Awards were handed out to select suppliers at Celestica's third annual Global Supplier Awards in Toronto. The awards were given in recognition of outstanding achievements and support of Celestica's electronics manufacturing services goals.

"GenRad is pleased to be recognized by an industry leader like Celestica," says Robert M. Dutkowsky, Chairman, President and CEO of GenRad. "GenRad is also proud to be the first and only company to date to receive this award for software. We have worked closely with Celestica to implement worldwide deployment of our GR Force/SCE, supply chain enabling software. This close relationship was instrumental in the project's success and we look forward to continuing our work with Celestica at their facilities around the globe."

The Partners in Performance awards are given to suppliers based on their ability to support Celestica's supply chain management objectives in the following areas: flexibility and responsiveness, impact on asset management, effectiveness and efficiency, and overall supplier performance.

"GenRad's support of Celestica's supply chain requirements were essential to the success of Celestica's relationships with its customers," said Karlheinz Totz, Vice President, Corporate Commodity Management,
Celestica. "We're proud to recognize GenRad as one of Celestica's Partners in Performance."

About GR Force/SCE

GR Force/SCE is a complete open-architecture, standards-based suite of software solutions creating a new paradigm in supply chain responsiveness. GR Force/SCE leading-edge Java-based architecture is web-centric, J2EE and XML compliant, modular, and easily integrates with best in class solutions. Benefits include faster time to market, lower total cost of ownership (TCO) and faster reaction time (zero latency). GR Force/SCE enables real time data exchange and execution for broad asset value chain management visibility and control. GR Force/SCE solutions feature pricing options for the production line, factory and/or enterprise level.

About Celestica

Celestica is a world leader in electronics manufacturing services (EMS) for industry leading original equipment manufacturers (OEMs), primarily in the computer and communications sectors. With facilities in North America, Europe, Asia and Latin America, Celestica provides a broad range of services including design, prototyping, assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service.

For further information on Celestica, visit its website at http://www.celestica.com. The company's security filings can also be accessed at http://www.sedar.com and http://www.sec.gov.com.

About GenRad

GenRad Inc. [NYSE: GEN] a global leader in electronics testing and production solutions serving the worldês leading original equipment [OEM] and electronics manufacturing services [EMS] markets. GenRadês customers manufacture a wide range of advanced technology products ranging from computer, telecommunications and broadband networking devices to wireless products and enterprise hardware. With 37 offices in 22 countries, GenRad is comprised of four business units, each providing integrated hardware, software and service solutions

  • Process Solutions develops products that enhance and optimize manufacturing processes. The unit's hardware products focus on in-circuit testing, x-ray imaging and rework solutions. Its software products address global supply chain collaboration and execution including Design-to-Build (D2B) software tools.
  • Functional Solutions focuses on functional test platforms for manufacturers of telecommunications, computers and automotive electronics.
  • Diagnostic Solutions Diagnostic Solutions focuses on service bay and manufacturing solutions for transportation OEMs and independent service providers.
  • Support and Services Support and Services focuses on maintenance programs, on-site and remote support, and training to help customers optimize their hardware and software solutions

Founded in 1915, GenRad employs about 1,300 people with worldwide headquarters in Westford, MA, USA. Listed on the New York Stock Exchange since 1978, GenRadês Web address is www.GenRad.com.

For more information, please contact:
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

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