PARIS, France -- August 15, 2001 -- GenRad [NYSE: GEN], a global leader in electronics testing and manufacturing solutions, today announced that its GENEVA® GR4000 Functional Test Solution has been selected as an approved test platform for a new range of Ericsson broadband access products. As a result, seven GR4000 systems will be deployed at the Bordeaux, France, facility of Solectron Corporation, Ericsson's contract manufacturer.

"During the evaluation process the GENEVA GR4000 significantly improved the productivity of our new production lines," said Solectron Production Unit Manager M. Guy Amartino. "This will be critical in meeting our strict production targets. GenRadês GENEVA GR4000 will also help reduce overall manufacturing costs and speed our time to volume, which helps us maintain our competitive edge in the fast moving telecom/datacom market.”

–Functional Test Solutions from GenRad assure manufacturers and their customers that technologies such as Ericsson's convergent voice/data network platforms consistently meet product specifications and quality standards,” said James Ficaro, GenRad vice president for its Functional Solutions business unit. –We are delighted to have the GENEVA GR4000 system selected for this exciting program.”

GENEVA GR4000 systems have been installed at production and repair-and-rework centers at Solectron. Additional systems are planned to support increased production capacity at other Solectron plants in Europe and in other manufacturing locations.

The GENEVA GR4000 platform is ideally suited for a variety of telecommunications applications including those for which Ericsson is deploying the test systems. GenRad will provide support to Solectronês facilities worldwide.

GENEVA is a VXI-based test and measurement solution that offers superior product performance verification for high-volume manufacturing environments. It provides the industryês most accurate and repeatable production test capabilities.

About Solectron

Solectron (www.solectron.com), the world's leading supply-chain facilitator, provides a full range of manufacturing and supply-chain management services to the world's premier high-tech electronics companies. Solectron's offerings include new-product design and introduction services, materials management, high-tech product manufacturing, and product warranty and end-of-life support. Solectron, based in Milpitas, Calif., is the first two-time winner of the Malcolm Baldrige National Quality Award for manufacturing.

About GenRad, Inc.

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.