[0] TVI Corporation Reports Audited 1999 Results and Sets Annual Meeting.

Business Editors

GLENN DALE, Md.--(BUSINESS WIRE)--May 30, 2000

TVI Corporation announced Tuesday that its Independent Auditors had completed their audit of the company's financial operations for 1999. Total revenues were $1.9 million and net income was $352,982.

The company's annual meeting of shareholders has been set for Thursday, June 29, at 1:00 pm at the offices of the company. A record date of May 26, 2000 has been set. Meeting information packets will be sent to shareholders of record within the next two weeks.

The following table summarizes audited results of financial operations for the years ending December 31, 1999 and 1998.

                                   1999            1998
Total revenues               $  1,934,510      $  1,473,445
Cost of Sales                   1,071,572           961,433
Gross Profit                      862,938           512,012
G & A Expenses                    602,045           588,084
Operating Income(Loss)            260,893           (76,072)
Other Income(Expense)             (16,706)          (63,728)
Income Taxes                            0                 0
Extraordinary Income              108,795                 0
Net Income                   $    352,982      ($   139,800)
Average shares outstanding     23,210,465        22,361,108
Net earnings per share             0.0152           (0.0063)

The company noted that both revenue and income were up in the fourth quarter, due primarily to a large commercial order. The company was profitable in all four quarters of 1999. Profitable operations continued in the first quarter of 2000, and the company expects that the current quarter will be profitable. First quarter results will be reported next week.

The Audit Report contains a qualified opinion relative to the company's ability to continue as a going concern. The Report also notes the company's efforts to improve its operations.

TVI is a leading manufacturer of thermal targets, quick erect tents and signage, and casualty decontamination systems. Its stock trades on the OTC Bulletin Board under the symbol TVIN. More information is available at the company's website at www.tvicorp.com.

Approved for release:

Allen Bender, Chairman

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