Electroglas Named to Top Ten Suppliers List for Test and Material Handling Equipment.

SAN JOSE, Calif. -- Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of wafer probers and prober-based test handling solutions for the semiconductor industry, today announced that it has been ranked as one of the top ten suppliers of test and material handling equipment. The ranking is based on surveys returned from customers who represented 96% of the world's semiconductor manufacturers. Customers were especially pleased with the performance of Electroglas products. The results are from a double-blind customer satisfaction survey for chip making equipment that is conducted annually by an independent, semiconductor industry research and analysis company.

"Over the last year, the employees of Electroglas have made positive changes to the way we do business," said Keith Barnes, Chairman and CEO of Electroglas. "These changes include a renewed focus on customer satisfaction and product quality. We are again building products that our customers believe are competitive and do the job. We are pleased and honored to be recognized by our customers for this distinction."

About Electroglas

Electroglas is a supplier of innovative probers, prober-based test handlers, test floor management software and services that improve the overall effectiveness of semiconductor manufacturers' wafer and device testing. Headquartered in San Jose, California, the company has been a leading equipment supplier to the semiconductor industry for over four decades, and has shipped more than 15,000 systems worldwide. Electroglas' stock trades on the NASDAQ National Market under the symbol "EGLS." More information about the company and its products is available at www.electroglas.com.