ALPHA TECHNOLOGIES GROUP, INC. REPORTS RECORD FOURTH QUARTER AND YEAR END REVENUES.

NEW YORK--(BUSINESS WIRE)--December 4, 1995--Alpha Technologies Group, Inc. (Nasdaq:ATGI) today reported record sales for the fourth quarter and fiscal year ended October 29, 1995.

Revenues for the fourth quarter of 1995 increased 68.8% to $19.5 million, as compared to $11.6 million from continuing operations reported in the fourth quarter of fiscal 1994. Income from continuing operations before taxes less minority interest was $1.3 million, or $.19 per share, as compared to $.95 million, or $.14 per share, in the fourth quarter last year. The number of shares used in the earnings per share calculation were 6,821,000 and 6,561,000 for the fiscal 1995 and 1994 fourth quarters, respectively.

In the fourth quarter of 1995, revenues increased 12% compared to the third quarter of fiscal 1995 and income before taxes less minority interest increased 14%.

Revenues for fiscal 1995 rose 113% to $64.1 million, as compared to $30.1 million from continuing operations reported in fiscal 1994. Income from continuing operations before taxes less minority interest was $3.6 million, or $.55 per share, as compared to $2.1 million, or $.33 per share, in fiscal 1994. The number of shares used in the earnings per share calculation were 6,605,000 and 6,344,000 in fiscal 1995 and 1994, respectively.

Alpha's thermal management business posted revenue gains of 129% and 111% for the quarter and full year fiscal 1995 periods, respectively. These gains are due to internal growth of 65% and sales from Ahamtor and Specialty from their dates of acquisition. Revenues from the sale of connectors were $20,251,000 and $9,387,000, respectively, for fiscal 1995 and 1994. Fiscal 1994 included only five months of connector sales following the acquisition of Uni-Star on June 1, 1994.

Lawrence Butler, President and Chief Executive Officer, Alpha Technologies Group, Inc. commented, "The increase in revenues year to year reflects greater penetration of our customer base as well as growth in new customer accounts. The growth in thermal management revenues was predominantly due to strong demand for high performance microprocessors. Most Pentium chip microprocessors now require a heat sink device to ensure optimum performance."

Alpha also announced that Neal Castleman, Uni-Star's President, is no longer with the Company. Rinaldo Minicucci, Vice President, Uni-Star, an eight year veteran of the firm, will serve as interim President of Uni-Star until a successor is found.

Alpha designs, manufactures and sells thermal management products and connectors. Thermal management products, principally heat sinks, remove excess heat generated by electronic components within personal computers, power supplies, stereo amplifiers, and other electronic systems. The Company's thermal management products serve the microprocessor, computer, consumer electronics, transportation and other industries. Its connector products include miniature and micro-miniature connectors to meet rigid industrial and military specifications which serve the defense, telecommunications, automotive and aerospace industries. -0-

              ALPHA TECHNOLOGIES GROUP, INC. AND SUBSIDIARIES
                      CONSOLIDATED INCOME STATEMENTS
                   (In thousands except per share data)

                              Three Months Ended         Year Ended
                                (Unaudited)              (Audited)

                                 Oct 29,   Oct 31,   Oct 29,    Oct 31,
                                   1995      1994     1995       1994
Revenues:
  Thermal management            $14,512   $ 6,348   $43,865   $20,758
  Connectors                      5,014     5,218    20,251     9,387
  Total                          19,526    11,566    64,116    30,145
Gross profit                      5,193     3,898    17,228     9,518
Operating expenses                3,554     2,743    13,050     7,246
Investment income                    16        15       257       108
Interest income (expense), net     (246)      (24)     (476)       76
(Provision) benefit for income
  taxes-continuing operations(1)    (34)    1,058       141       860
Minority interest in
 consolidated subsidiary            (88)     (195)     (352)     (384)
Gain on sale of discontinued
 operations(2)                       --     1,380        --     1,380
Loss from discontinued operation,
  net of income tax effect(2)        --       (92)       --       978
Net income                        1,287     3,297     3,748     5,290

Net income (loss) per share
  Continuing operations before
   taxes less minority interest  $  0.19  $   0.14   $  0.55   $  0.33
  (Provision) benefit for
   income taxes(1)                    --      0.16       .02      0.13
Gain on sale of discontinued
 operations(2)                        --      0.21        --      0.22
Discontinued operations(2)            --     (0.01)       --      0.15
  Net income (loss)                 0.19      0.50      0.57      0.83

Shares used in computing net
    income (loss) per share        6,821     6,561     6,605     6,344

(1) Federal income tax benefit       110     1,335       599     1,309
    State income tax (expense)      (144)     (277)     (458)     (449)
    Income tax benefit (provision)   (34)    1,058       141       860

    The reported federal income tax benefit for the above mentioned
periods includes reversals of the valuation allowance related to the
deferred tax asset based on the realization of such asset due to the
utilization of net operating loss carryforwards and expected future
taxable income.

(2) For fiscal 1994, the results of operations of ISS have been
accounted for as a discontinued operation.  The Company sold ISS in
September of 1994.

ALPHA TECHNOLOGIES GROUP, INC. AND SUBSIDIARIES

SELECTED BALANCE SHEET DATA

October 29, October 31,

1995 1994

(Audited) (Audited)

Cash $6,058,000 $7,406,000 Working capital 15,696,000 15,924,000 Long-term debt (includes current maturities) 9,943,000 3,902,000 Total assets 42,256,000 31,689,000 Stockholders' equity  18,763,000 16,544,000



CONTACT: Alpha Technologies Group, Inc.

Johnny J. Blanchard

Chief Financial Officer

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Investor Contact:

Morgen-Walke Associates

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Donna Stein, Evan Smith

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Press Contact:

Lee Foley

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