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BFD INDUSTRIES CONFIRMS TRADING STATUS

    MARKHAM, Ontario, Aug. 5 /PRNewswire/ -- BFD Industries Inc. (NASD Bulletin Board: BFDIF) announced today that NASDAQ has given it notice the company's application for listing on The NASDAQ Small Cap Market has not been approved.  NASDAQ said its decision is due to the regulatory actions being pursued by the British Columbia Securities Commission over certain events and transactions in 1991 and early 1992 and the fact that those enforcement issues had not been resolved.  The company's common stock will continue to be traded on NASD's Bulletin Board.
    BFD noted it has satisfactorily resolved several of those previously announced issues and it continues to aggressively seek complete resolution by the British Columbia Securities Commission.
    The company has requested, in accordance with NASD's Code of Procedure, an oral hearing before a qualifications committee to consider an exception to their previous decision.  That hearing is scheduled to take place in approximately 30 days.
    BFD Industries Inc. develops, manufactures and markets infection control and wound care products for the medical and dental markets.  BFD has facilities in Atlanta, Birmingham and Huntsville (Ala.), Janesville (Wis.) and Salt Lake City.
    -0-             08/05/93
    CONTACT:  Sheldon Hoffman, Chief Executive Officer, BFD Industries, 416-479-0654; or Tom Laughran, 708-564-5610, Mark Perlgut, 212-874-6800, or Earle Brown, 813-796-1452, all of The Investor Relations Company, for BFD Industries
    (BFDI) CO:  BFD INDUSTRIES INC. IN:  MTC ST:


-- DE025 -- X287 08/05/93
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Publication:PR Newswire
Date:Aug 5, 1993
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