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ACTRADE INTERNATIONAL ANNOUNCES COMPLETION OF ORDER SHIPMENT

 NEW YORK, April 2 /PRNewswire/ -- Actrade International Ltd. (NASDAQ: ACRT) is pleased to announce that on March 29, 1993, Actrade S.A., a wholly owned subsidiary, completed shipment of computer systems, complete with all required peripheral equipment, to an overseas customer for distribution in Eastern Europe. This order, which resulted in revenues to the company of approximately $1,886,000, is the company's single largest order to date and represents a major breakthrough in Actrade's efforts in the Eastern European market.
 Mr. Amos Aharoni, financial executive of the company, stated, "We are particularly excited about this sale because is achieves two major goals for Actrade. It is the culmination of almost two years work to establish a position in the developing markets of Eastern Europe and also represents our first major sale in the area of computer hardware and equipment. We have for some time been developing manufacturing and supply sources in the computer hardware field and firmly believe that this area offers the potential for future growth, particularly in developing markets such as Eastern Europe."
 The revenues from this single sale represent over 20 percent of Actrade's total revenues for fiscal 1992, and are expected by management to account for over 15 percent of projected revenues for fiscal 1993.
 -0- 4/2/93
 /CONTACT: Amos Aharoni, financial executive of Actrade International, Ltd., 212-563-1036/
 (ACRT)


CO: Actrade International Ltd. ST: New York IN: CPR SU:

PS-AH -- NY031 -- 2598 04/02/93 15:00 EST
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Publication:PR Newswire
Date:Apr 2, 1993
Words:244
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