GENUS ANNOUNCES BINDING COMMITMENT OF $7.5 MILLION IN PRIVATE PLACEMENT

SUNNYVALE, Calif. - July 31, 2002 -Genus, Inc. (Nasdaq: GGNS) announced its
execution of a binding commitment to obtain financing of at least $7.5 million
through a private placement of subordinated notes and warrants convertible into
or exercisable for its common stock. The securities issued in the private
placement will be convertible at a premium to the closing bid price of the
common stock over the last five trading days. The company anticipates completing
the transaction in August 2002.

Genus plans to use the private placement proceeds to fund the next phases of
commercialization of its atomic layer deposition technology. Primarily this will
include funding additional inventory, sales and support to address new
customers, working capital, and other general corporate purposes.

SG Cowen Securities Corporation acted as placement agent for this transaction.

ABOUT  ALD
Both the semiconductor and data storage industries continue to migrate toward
products with higher density and higher topology. As a result, conformality of
deposited films has also become a critical factor. With current technology
unable to meet the degree of conformality required to manufacture today's
leading-edge technology, the use of Genus' ALD technology in the data storage
market has been adopted. ALD enables manufacturers to extend current
semiconductor and data storage manufacturing processes by offering greater
deposition conformality in smaller feature components with higher aspect ratios.

ABOUT  GENUS
Genus, Inc. manufactures critical deposition processing products for both the
global semiconductor and data storage industries. To enable the production of
intricate micro computer chips and electronic storage devices, Genus offers its
LYNX series production-proven equipment for 200 mm and 300 mm semiconductor
production. They also offer thin film deposition products for chemical vapor
deposition (CVD), atomic layer deposition (ALD), and pre-clean capabilities.

Genus is at the forefront of market and technology developments in the ALD
marketplace, which is gaining acceptance worldwide as a critical technology for
sub 0.13-micron production of computer chips and electronic storage devices.
Genus' customers include semiconductor manufacturers located throughout the
United States, Europe and the Pacific Rim including Korea, Japan and Taiwan.
Founded in 1981, the company is headquartered in Sunnyvale, California. For
additional information visit Genus' web site at www.genus.com. LYNX2(R) and
LYNX3(TM) are trademarks of Genus, Inc.

FORWARD-LOOKING  STATEMENTS
This press release contains forward-looking statements regarding the company's
expectations regarding the financing, as well as future financial and business
performance. These forward-looking statements are subject to a number of risks
and uncertainties. These contingencies include but are not limited to: the
failure to satisfy the conditions to closing for the proposed financing, actual
customer orders received by the company, the extent to which ALD technology is
demanded by the marketplace, the actual number of customer orders received by
the company, the timing of final acceptance of products by customers, the
financial climate and accessibility to financing, the receipt and timing of
anticipated financing, general conditions in the thin film equipment market and
in the macro-economy, and the influence of global political events. Genus
assumes no obligation to update this information. Additional risks and
uncertainties are discussed in the Management's Discussion and Analysis of
Results of Operations contained in Genus' Annual Report on Form 10-K for the
fiscal year ended December 31, 2001 and subsequent quarterly reports on Form
10-Q filed with the Securities and Exchange Commission.

COMPANY CONTACT:
COMPANY CONTACT:
Shum Mukherjee                            AGENCY CONTACT:
Genus, Inc.                               Lillian Armstrong \ David  Barnard
Tel: (408) 747-7120 Ext. 1311             Lippert / Heilshorn & Associates
Fax: (408) 747-7199                       Tel: (415) 433-3777 Ext. 110
Email: smukherjee@genus.com               Email: david@lhai-sf.com


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