Electroglas Announces Prober Upgrade Program; 2000, 3000 and 4000 Series Owners Can Easily Upgrade to the Latest Technology.

Business/High-Tech Editors

SEMICON West 2000

SAN JOSE, Calif.--(BUSINESS WIRE)--July 12, 2000

Electroglas, Inc. (NASDAQ:EGLS), a leading supplier of essential process management tools for the semiconductor industry, today introduces EG Advantage, an upgrade program for owners of 2000, 3000 and 4000 Series Electroglas probers who would benefit from the latest prober technology. The program rewards those owners by offering a discount of up to $50K when they upgrade to a new, state-of-the-art, 4090(mu) prober.

More than 10,000 of the company's previous generation probers are in the field today: machines regarded as industry standards for reliability. Although many more years of reliable service can be expected from those models, the current, more advanced prober delivers much higher productivity. The 4090(mu) provides unparalleled automation, accuracy, speed, networking capability, and extensive software support for integrating sort-floor data with systems for high-level yield management.

Beyond financially rewarding customers for their loyalty, the EG Advantage program removes potential technical issues they could face when upgrading their sort floors. "The upgrade concept helps companies protect their capital investment by offering compatibility with existing test probe equipment," said Jim Walker, principal analyst of the manufacturing research department of Dataquest.

"In keeping with our reputation of providing our customers the very best equipment and software for the sort floor," said Jeff Hintzke, vice president of marketing, "we encourage them to move up to our current products." The EG Advantage upgrade program begins immediately.

For more information, contact your local EG representative. For a complete listing of EG sites, please visit www.electroglas.com or call 408.528.3000.

About Electroglas, Inc.

Electroglas delivers essential tools for process management to enhance the profitability of semiconductor manufacturers. The company's wafer probers, inspection systems and software solutions serve as data collection, management and analysis tools that semiconductor manufacturers depend upon to improve their productivity and process control by optimizing sort-floor efficiency. Electroglas has been a leading supplier of wafer probers for more than 40 years and has an installed base of more than 10,000 systems. The company's stock trades on the NASDAQ National Market under the symbol "EGLS". The company's website is located at www.electroglas.com.