Business Editors/High-Tech Writers

SEMICON West 2002

Booth #5554

SAN JOSE, Calif.--(BUSINESS WIRE)--July 22, 2002

Electroglas' EGsoft Division Delivers Web-based, Automated Process

Management Software to Improve Front-end Manufacturing Efficiency

EGsoft, a division of Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of process management tools for the semiconductor industry, today announced that it will demonstrate the power of collaborative process management during the Wafer Processing portion of SEMICON West 2002, in booth #5554, being held July 22-24 at the Moscone Center in San Francisco.

EGsoft provides a Web-based software infrastructure with integrated data collection, analysis and reporting tools that connect people, equipment and processes for more effective management of overall fab yield and throughput. Specific products to be showcased include:

-- QuickSilver IIIe - a fully automated, 300 mm wafer inspection system that identifies, measures and classifies defects on processed semiconductor wafers at production rates.

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

Electroglas will also be demonstrating its optical wafer inspection solutions for front-end applications:

-- QuickSilver IIIe - a fully automated, 300 mm wafer inspection system that identifies, measures and classifies defects on processed semiconductor wafers at production rates.

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

Representatives from Electroglas will be available to demonstrate its offerings during SEMICON West in booth #5554. For more information on Electroglas and its products, contact the company at 408/528-3000 or visit www.electroglas.com.

About EGsoft

EGsoft, the collaborative process management software division of Electroglas, provides a broad and encompassing portfolio of infrastructure and applications, from design through test. EGsoft spans the manufacturing domain from interface to the EDA environment with our market leading failure analysis solutions, to our yield management system solutions in the fab, to our extensive suite of test floor solutions. EGsoft has operations in San Jose, California; Corvallis, Oregon; and Mumbai, India.

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.