Comptec Announces Applique Insert Molding.

VANCOUVER, B.C.--(BUSINESS WIRE)--April 3, 1996--TRIONICS INDUSTRIES (VSE:TIL) Comptec, in a partnering agreement with Bayer Corporation and Serigraph Inc., has just completed the manufacture of a prototype mold to prove the new Comptec Applique Insert Molding (AIM) process. Bayer Corporation, among the world's 50 largest corporations with 24,000 employees in the USA alone, chose Comptec as a manufacturing partner because of its in-depth experience in insert molding. Serigraph Inc., located in Wisconsin, is well known as a competent screen printing company.

Comptec's AIM process, called insert mold decoration by Bayer, is basically molding around screened inserts called appliques which are placed with great precision in the molding machine, manually or robotically. Comptec, as one of America's leading insert molders, felt that loading appliques was a natural extension of its core capabilities, and sought out manufacturing partners for this new technology. The market for Applique Insert Molding is in its infancy. The automotive sector has been the first user, in volume, of this technology.

Comptec visualizes a large and growing market in not only automotive but instrumentation, computer peripherals and telecommunications devices.

"This technology can be used in many industries that are moving to more intricate, geometric designs with compound curves," said Pat Griffin, Film Technical Marketing Specialist for Bayer. "We hope this demonstration tool and concept part will convince OEM's and molders to consider insert mold decoration early in the design process."

Trionics Industries Ltd. currently owns approximately 55 percent of Comptec, Inc. and on February 16, 1996 signed a letter of intent to acquire the balance of the company. Comptec, Inc. is a manufacturer of specialty plastic components for the Telecommunications, Automotive and Consumer Electronics Industry.

CONTACT: Trionics Industries Ltd.

Keith Patey, 604/681-3146

800/806-5611 (Toll Free)