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Aehr Test Systems Announces Private Placement of Common Stock



Aehr Test Systems Announces Private Placement of Common Stock

FREMONT, Calif., March 19, 2013 (GLOBE NEWSWIRE) -- Aehr Test Systems
(Nasdaq:AEHR), a worldwide supplier of semiconductor test and burn-in
equipment, announced today that on March 15, 2013, it entered into an
agreement for the sale of 1,158,000 shares of its common stock in a private
placement transaction with certain Directors and Officers of the Company and
other accredited investors. The purchase price per share of the common stock
sold in the private placement was $1.00, resulting in gross proceeds to the
Company of $1,158,000, before offering expenses. The closing of the private
placement took place on March 15, 2013, and no placement agent was used in
connection with the transaction.

"We were able to minimize the expenses related to this private placement,
resulting in higher net proceeds to the Company," said Gayn Erickson,
president and chief executive officer of Aehr Test Systems. "The additional
funds will allow us more leeway in managing our working capital and our
research and development program spending."

The shares of the Company's common stock sold in the private placement have
not been registered under the Securities Act of 1933, as amended, and as such
the shares may not be offered or sold in the United States absent registration
under such act and applicable state securities laws or an applicable exemption
from those registration requirements. The securities were offered and sold
only to a limited number of accredited investors.

About Aehr Test Systems

Headquartered in Fremont, California, Aehr Test Systems is a worldwide
provider of test systems for burning-in and testing logic and memory
integrated circuits and has an installed base of more than 2,500 systems
worldwide. Increased quality and reliability needs of the Automotive and
Mobility integrated circuit markets are driving additional test requirements,
capacity needs and opportunities for Aehr Test products in package and wafer
level test.  Aehr Test has developed and introduced several innovative
products, including the ABTS^TM and FOX^TM families of test and burn-in
systems and the DiePak® carrier. The ABTS system is used in production and
qualification testing of packaged parts for both low-power and high-power
logic as well as all common types of memory devices. The FOX system is a full
wafer contact test and burn-in system used for burn-in and functional test of
complex devices, such as leading-edge memories, digital signal processors,
microprocessors, microcontrollers and systems-on-a-chip. The DiePak carrier is
a reusable, temporary package that enables IC manufacturers to perform
cost-effective final test and burn-in of bare die. For more information,
please visit the Company's website at www.aehr.com.

Safe Harbor Statement

This release contains forward-looking statements that involve risks and
uncertainties relating to the proposed use of proceeds of the private
placement. Actual use of proceeds may vary from the proposed use of
proceeds. These risks and uncertainties include, without limitation, risks
related to the satisfaction of the conditions to, and the timing of, the
closing of the private placement and Aehr Test's need for additional capital
in the future. See Aehr Test's recent 10-K, 10-Q and other reports from time
to time filed with the Securities and Exchange Commission for a more detailed
description of the risks facing our business. The Company disclaims any
obligation to update information contained in any forward-looking statement to
reflect events or circumstances occurring after the date of this press
release.

CONTACT: Aehr Test Systems
         Gary Larson
         Chief Financial Officer
         (510) 623-9400 x321
        
         Financial Relations Board
         Marilynn Meek
         Analyst/Investor Contact
         (212) 827-3773
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