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Cohu Announces Relocation to Poway Facility and Timing of Second Quarter 2001 Earnings Conference Call

SAN DIEGO, Calif., July 2, 2001 -- Cohu, Inc. (NASDAQ:COHU) today announced that its Corporate offices, including its Delta Design (San Diego operations) and BMS subsidiaries, have relocated to their new Poway facility.

James A. Donahue, President and Chief Executive Officer, commented, "As a result of rapid growth in recent years, Delta Designs San Diego operations had expanded into four buildings. With the new facility in Poway, about ten miles from our former location, were able to consolidate in one building and more efficiently configure our manufacturing operations. While conditions in the semiconductor equipment industry are currently depressed, our new facility provides us with ample space for future growth in our semiconductor equipment business when conditions improve."

The new addresses, phone and fax numbers are:

Cohu, Inc.
12367 Crosthwaite Circle
Poway, CA 92064
Phone (858) 848-8100
Fax (858) 848-8185
Investor Relations (858) 848-8186

Delta Design, Inc. (San Diego)
12367 Crosthwaite Circle
Poway, CA 92064
Phone (858) 848-8000
Fax (858) 848-8180

Broadcast Microwave Services, Inc. (BMS)
12367 Crosthwaite Circle
Poway, CA 92064
Phone (858) 391-3050
Fax (858) 391-3049

Cohu will be conducting their second quarter earnings conference call on Thursday, July 26, 2001 at 2:00 PM PDT. There will be a webcast and replay of the conference call, which can be accessed at www.cohu.com.

Cohu is a leading supplier of test handling solutions used by the global semiconductor industry as well as a supplier of closed circuit television, metal detection and microwave radio equipment.

For press releases and other information of interest to investors, please visit Cohu's website at www.cohu.com. Contact: John Allen - Investor Relations (858) 848-8186.