Electroglas Powers Productivity with Integrated Product Suite at SEMICON West 2002, San Jose.

Business Editors/High-Tech Writers

SEMICON West 2002

Booth #10722

Integrated Hardware and Software Solutions from Four

Electroglas Divisions Join to Power Productivity Throughout

the Manufacturing Process

Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of process management tools for the semiconductor industry, today announced that it will demonstrate the power of its integrated solutions for maximizing productivity during the Final Manufacturing portion of SEMICON West 2002, in booth #10722, being held July 17-19 at the San Jose Convention Center, San Jose, Calif.

At the show, Electroglas will display the breadth of its integrated hardware and software solutions by featuring a variety of products from each of its four divisions. The offerings collectively contribute to the company's delivery of process management solutions that enable manufacturers to automate back-end processes and ensure maximum efficiency.

Specific products to be displayed by Electroglas will include:

-- Pathfinder -- an advanced, fully automatic wafer, die and package test-handling system that allows users to put test where they need it.

-- SORTmanager(TM) -- a software solution that provides Web-based sort floor process control, as well as data acquisition, analysis and reporting.

-- CPM Platform -- a Web-based software framework and development environment that enables access to data anywhere, while seamlessly integrating data acquisition, analysis, interpretation, and corrective action into new or existing Web-based applications.

-- CPM Portal -- a Web-based application that provides automated data analysis, interpretation, event notification and corrective action.

-- QuickSilver IIe -- a fully automated wafer inspection system that identifies, measures and classifies defects on processed semiconductor wafers at production rates.

-- QuickLook -- a process visualization workstation allowing for off-line analysis of bumped-wafer-inspection data and images on the production floor.

-- 4090(micron) Fast Probe(TM) -- a proven, reliable wafer probing system designed to address the performance demands of production testing at an economical cost.

-- EG4/200e -- a high-throughput, automatic prober designed for superior accuracy, throughput and reliability in high-volume manufacturing.

-- EG5/300 ARGOS -- a high-accuracy 300mm wafer prober that delivers a probe-to-pad accuracy of +/-2.5 micron, allowing manufacturers to address the decreasing size of bond pads.

Representatives from Electroglas will be available to demonstrate its offerings during SEMICON West in booth #10722. For more information on Electroglas and its products, contact the company at 408/528-3000 or visit www.electroglas.com.

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 over 40 years and has an installed base of more than 15,000 systems. The company's stock trades on the Nasdaq National Market under the symbol "EGLS". The company's Web site is located at www.electroglas.com.

Note to Editors: the product names EG4/200e and EG5/300 ARGOS should be written with a pipe symbol instead of a forward slash. The pipe symbol was omitted from this release to avoid garble on some databases.