A.D. TECH closes $5.6 million credit facility agreement.

TAUNTON, Mass.--(BUSINESS WIRE)--July 9, 1996--A.D. TECH Inc. (Nasdaq:ADTC) today announced that it has closed a credit facility agreement totalling $5.6 million with National Bank of Canada.

The agreement includes a term loan of $2.6 million and a working capital line of credit up to a maximum of $3 million. This new credit facility will replace a pre-existing term note and line of credit of approximately $2 million. The additional funds will be used for general corporate purposes to fund working capital requirements in support of continued sales growth.

"We are very pleased to have this new credit facility in place, which will complement the investment banking relationship we entered into with Josephthal, Lyon & Ross last month," said Glenn J. Walters, A.D. TECH's president and chief executive officer. "In particular, we are excited and enthusiastic about our acquisitions plans and growth strategies relative to the security hologram market."

A.D. TECH develops and manufactures high-resolution, patterned, vacuum-metallized coatings for a variety of energy-management applications -- including microwave food packaging, authentication holograms, electronic article surveillance tags, electrostatic discharge materials, electronics and retroreflective films -- using the company's proprietary metallization process including a new Pattern Metallization Printing ("PMP") process.

CONTACT: A.D. TECH

Glenn Walters, 508/823-0707

or

Ronald Trahan Associates

Ronald Trahan, 508/651-1180