Electroglas to Acquire Web-Based Analysis and Reporting Technology.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 18, 2000

Products for Web-Enabled Remote Monitoring 

of Semiconductor Test and Manufacturing Equipment

Will Immediately Result From Purchase of Statware, Inc.

Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of process management tools for the semiconductor industry, announced that it has signed a definitive agreement to purchase Statware, Inc., a software company based in Corvallis, Ore. Statware supplies such customers as Agilent Technologies with software tools that enable real-time analysis and graphical reporting of data from test equipment via web browsers. Following the acquisition, Electroglas will expand the capabilities of its SORTnet(R) products used for the networking and control of wafer probers to include statistical process control tools as well as remote monitoring and e-diagnostics over the Internet.

"By acquiring Statware, we gain not only technology but an additional seasoned staff of software professionals in Oregon. Moreover, Statware customers will benefit from the expertise and resources of Electroglas," said Curt Wozniak, president and CEO of Electroglas. "Extending our tools for semiconductor testing and manufacturing to include secure real-time data access and analysis via the Internet gives us significant advantages in the marketplace."

Statware products combined with SORTnet provide statistical analysis and reporting capabilities with web browser delivery. This empowers users with the information they need to monitor, analyze and improve important processes. For example, wafer maps collected by an Electroglas prober can be statistically analyzed with reports sent to users on the web or back to the prober to modify the process conditions, interactively.

Risto Puhakka, vice president of operations for VLSI Research finds, "The application of e-manufacturing technology is critical to improving equipment efficiency and capability. We believe that the supervision of probers and other test equipment over the Internet will result in significant increases in sort-floor productivity."

Statware has been providing software for web-enabled, statistical process control (SPC) to a wide range of manufacturing environments, including the computer and automotive industries. "The union of Electroglas and Statware is a great synergy. Statware brings to the marriage the e-manufacturing technology to access and analyze any data source, and distribute the results via secure Internet delivery," explained Tom Simas, president and CEO of Statware. "Electroglas has a very extensive global sales and support infrastructure that will ensure the very best service for Statware customers."

For more product information, contact Howard Ignatius at Electroglas, 408/528-3205 or Cristie Lynch at Statware, 541/753-5382.

About Statware, Inc.

Founded in 1983, Statware Inc. is a leading developer of process optimization software technologies for the manufacturing and healthcare markets. Statware products assist users in understanding and managing processes and their outcomes for optimal quality, consumer satisfaction, and cost containment. In 1997, Statware transformed its vision for developing process optimization software applications by focusing on Internet technologies. Building on a decade of development in statistical quality control, Statware has created a new model for empowering the enterprise through its Internet-based applications for total and continuous quality improvement. Recognized for excellence through customer loyalty and strategic partnerships with industry leaders, Statware product satisfaction continually ranks among the highest in the industry. For more information, visit Statware's website at www.statware.com.

About Electroglas, Inc.

Electroglas delivers essential 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 on to improve their productivity and process control by optimizing sort- floor efficiency. Electroglas has been a leading supplier of wafer probers for over 35 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.