Cerprobe Announces Organizational Changes.

GILBERT, Ariz.--(BUSINESS WIRE)--Feb. 26, 1999--Cerprobe Corp. (Nasdaq/NM:CRPB) Friday announced organizational changes within the company's senior management.

Kevin Kurtz, who has been with the company for nine years and previously served as vice president of Cerprobe's domestic probe card manufacturing operations, has been appointed to the newly created position of vice president of Operations. He will be responsible for all of Cerprobe's probe card and interface manufacturing operations.

Peter Rogan, formerly a corporate vice president, has given up that position to become general manager of Cerprobe Interconnect Solutions (formerly called CompuRoute), a wholly owned subsidiary of the company. Rogan, who joined Cerprobe from Harris Corp. four years ago as director of Engineering, has extensive experience in the design and manufacture of high-performance printed circuit boards.

"These changes are a product of our ongoing program to bring further efficiencies to the company's operations, and they reflect as well the extent to which Cerprobe has been successful in attracting people of exceptional talent," said C. Zane Close, president and CEO  of Cerprobe.

"Kevin, a fifteen-year veteran of the semiconductor test industry, brings with him extensive experience in three areas -- engineering, manufacturing and sales -- that will serve him well as VP of Operations for Cerprobe. And Pete, during his tenure as Director of Engineering, exhibited the very qualities that make him ideally suited to run the manufacturing operations of Interconnect Solutions."

Concurrent with these appointments, said Close, the position of chief operating officer, formerly held by Eswar Subramanian, has been eliminated. Subramanian, who joined Cerprobe in 1990, has resigned as senior vice president and COO in order to pursue a new career opportunity.

"We thank Eswar for his many contributions to the company during the better part of a decade," concluded Close, "and we wish him the very best in his new career path."

Both Kurtz and Rogan will report directly to Close.

Cerprobe offers comprehensive solutions for semiconductor test integration and is a world leader in the design and manufacture of probe cards, ATE interface assemblies, and ATE test boards. The company markets its products worldwide to semiconductor manufacturers. Cerprobe operates domestic manufacturing facilities in Arizona, California and Texas.

The company also operates international subsidiaries: Cerprobe Europe, with facilities in Scotland and France; and Cerprobe Asia, with facilities in Singapore and Taiwan. Additional information about Cerprobe is available at www.cerprobe.com.