Alpha Technologies Group Inc. announces results for second quarter and six months.

HOUSTON--(BUSINESS WIRE)--May 25, 1995--Alpha Technologies Group, Inc. ("Alpha" or the "Company" -- NASDAQ - ATGI) reported today net income for the quarter ended April 30, 1995 of $751,000 or $.11 per share. For the six months ended April 30, 1995, the Company reported net income of $852,000 or $.13 per share. For the comparable quarter and six months of the previous fiscal year, the Company reported $43,000 and $11,000 net income from continuing operations, respectively.

Revenues for the quarter and six months ended April 30, 1995 were $15,953,000 and $27,161,000, respectively. Revenues from continuing operations for the second quarter and comparable six months of fiscal 1994, which were derived solely from Wakefield Engineering, Inc. ("Wakefield"), a wholly-owned subsidiary of Alpha, were $4,873,000 and $9,583,000, respectively. Revenues for the first six months of fiscal 1995 were derived from Wakefield and Uni-Star Industries, Inc. ("Uni- Star"), a subsidiary in which Alpha owns 80 percent of the outstanding common stock. In June of 1994, the Company, through Uni-Star, purchased substantially all of the assets and business of the Interconnect Systems Division of Microdot Inc. Revenues from Wakefield for the second quarter and first six months of fiscal 1995, compared to comparable periods of fiscal 1994, increased due to the growth of the thermal management product line and the acquisition of the Aham Tor business. On Aug. 31, 1994, Wakefield acquired substantially all of the assets and business of Aham Tor, Inc., a designer and manufacturer of heat sinks and related devices.

Prior to the acquisition of the Wakefield business in October of 1993, the Company's sole business was its Information Solutions Segment ("ISS"). In fiscal 1994, the Company sold ISS to Logica North America, Inc. Accordingly, the ISS financial results for fiscal 1994 are presented as discontinued operations.

Alpha designs, manufactures and sells electronic components through Wakefield and Uni-Star. Wakefield is a designer and manufacturer of thermal management products and metal fabrications. Uni-Star is a designer, manufacturer and assembler of connectors, back-panels, cables and cable assemblies for the aircraft, military and aerospace markets, as well as switches for the automotive market. -0-

 FINANCIAL HIGHLIGHTS

 QUARTER ENDED APRIL 30 (Unaudited)              1995         1994 (1)
 ----------------------                          ----         ----

 Revenues                                   $15,953,000   $ 4,873,000
 Gross profit                                 4,227,000     1,392,000
 Operating Expenses                           3,108,000     1,333,000
 Interest, investment and other income          141,000        55,000
 Interest expense                              (180,000)           --
 Provision for income taxes -
   continuing operations                       (227,000)      (71,000)
 Minority interest in consolidated subsidiary  (102,000)           --
 Loss from discontinued operation, net of
   income tax effect (1)                             --      (132,000)
 Net income (loss)                              751,000       (89,000)

 Net income (loss) per share
   Continuing operations before
    minority interest                             $0.12          $ --
   Minority interest                              (0.01)           --
   Discontinued operation (1)                        --         (0.02)
   Net income (loss)                               0.11         (0.02)

 Shares used in computing net income (loss)
   per share                                  6,415,000     5,885,000

 SIX MONTHS ENDED APRIL 30 (Unaudited)           1995         1994 (1)
 -------------------------                       ----         ----

 Revenues                                   $27,161,000   $ 9,583,000
 Gross profit                                 7,227,000     2,581,000
 Operating Expenses                           5,909,000     2,575,000
 Interest, investment and other income          226,000        99,000
 Interest expense                              (318,000)           --
 Provision for income taxes -
   continuing operations                       (278,000)      (94,000)
 Minority interest in consolidated subsidiary  (96,000)            --
 Income from discontinued operation, net of
   income tax effect (1)                             --       499,000
 Net income                                     852,000       510,000

 Net income per share
   Continuing operations before
    minority interest                             $0.14          $ --
   Minority interest                              (0.01)           --
   Discontinued operation (1)                        --          0.08
   Net income (loss)                               0.13          0.08

 Shares used in computing net income (loss)
   per share                                  6,504,000     6,238,000

 (1)  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.

 SELECTED BALANCE SHEET DATA

                                              April 30,    October 31,
                                                 1995         1994
                                                 ----         ----
                                            (Unaudited)     (Audited)

 Cash, cash equivalents                     $ 5,769,000   $ 7,406,000
 Working capital                             15,811,000    15,924,000
 Long-term debt                               6,392,000     3,556,000
 Total assets                                34,648,000    31,689,000
 Stockholders' equity                        15,800,000    16,544,000

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CONTACT: Alpha Technologies Group Inc.

Johnny J. Blanchard, 713/647-9689