Electroglas Delivers Final 2001 Series Prober to Customer Fab in Singapore; Acclaimed Line Lives On as Electroglas Offers Remanufactured 2001 Probers.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 28, 2001

Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of process management tools for the semiconductor industry, today announces the delivery of the final 2001 series prober. Curt Wozniak, Electroglas chairman and chief executive officer, was on site as the last 2001 prober was delivered to a customer's fab in Singapore. In the 18 years since Electroglas introduced the 2001 prober, it has sold nearly 6,600 systems worldwide. Electroglas will continue to offer remanufactured 2001 probers with full factory warranty and backing to customers as well as offering equipment upgrades to newer probers through the EG Advantage Program.

Used in fabs throughout the world, Electroglas 2001 probers are recognized as the industry standard for testing wafers up to 150-mm in diameter. The 2001 prober was the industry's first fully automated prober and incorporates an advanced motion system that exceeds today's test requirements. Customers recognize the 2001 prober both for its speed and accuracy. This strong feature-set is the key reason behind the demand for remanufactured 2001 probers.

"We are extremely proud of the success achieved by our 2001 probers, both for our customers and for Electroglas' reputation as a leader in wafer testing technology," said Wozniak. "As Electroglas moves forward with our innovative probers, wafer inspection systems and software into the 300-mm era, we will maintain the high standards the industry has come to expect of us from such products as our 2001 probers."

For more information regarding remanufactured 2001 probers or the EG Advantage Program, contact your local Electroglas representative or Electroglas sales at 408/528-3000.

About Electroglas, Inc.

Electroglas delivers tools for process management designed to enhance semiconductor companies' profitability. 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 35 years and has an installed base of 15,000 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.