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ASSOCIATED HEALTHCARE BUYS MEDICAL MANUFACTURER

 ASSOCIATED HEALTHCARE BUYS MEDICAL MANUFACTURER
 CLEARWATER, Fla., Aug. 27 /PRNewswire/ -- Associated Healthcare


Industries Inc. (OTC Bulletin Board: AHII) announced today it had entered into a formal contract to acquire Contour Fabricators Inc. for a combination of cash and securities. The closing date has been set for mid-September. Contour is an 18-year-old privately held medical manufacturing company with facilities in Michigan and Florida.
 Joe DuRant, executive vice president of Associated stated, "Contour has a long history of consistent growth and profitability." DuRant also said, "This acquisition is a vertical move in an area where we expect to see explosive growth due to changes in regulations over the near term. The additional product manufacturing capability combined with new product development will position AHII at the forefront of the disposable medical products industry." Contour had adjusted pre-tax earnings for fiscal 1991 of over $1 million. Mid-year 1992 figures indicate the same or greater earnings for fiscal year 1992.
 Associated Healthcare Industries Inc. is a Florida based medical acquisition company. Zygiene Medical Technologies, a subsidiary of Associated, assembles and markets newly patented, pre-filled, sterile syringes and syringe kits for irrigation of catheters and wounds.
 -0- 8/27/92
 /CONTACT: Joseph L. DuRant of Associated Healthcare Industries, Inc., 813-573-3312/
 (AHII) CO: Associated Healthcare Industries, Inc.; Contour Fabricators Inc. ST: Florida IN: HEA SU: TNM


AW-JB -- FL006 -- 3966 08/27/92 13:19 EDT
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Date:Aug 27, 1992
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