Comptronix Corp. announces credit agreement; preferred stock dividend.

GUNTERSVILLE, Ala.--(BUSINESS WIRE)--Dec. 16, 1994--Comptronix Corporation (OTC Bulletin Board: CMPX) today announced that it has reached an agreement with its principal lender, The CIT Credit Group, for an amendment to the Company's credit agreement which provides for revised financial covenants.

The covenants which require, among other things, the maintenance of certain ratios and the achievement of certain levels of earnings before interest, taxes, depreciation and amortization, reflect the negotiations between the parties following the Company's preparation of its 1995 business plan based upon the level of the Company's business after completing the sale of its San Jose division.

Comptronix also announced that its Board of Directors has declared the dividend on its outstanding Series A Convertible Preferred Stock, the scheduled payment date for which was October 1, 1994. The dividend will be payable in additional shares of preferred stock to holders of record as of December 27, 1994.

Comptronix Corporation provides contract manufacturing services to original equipment manufacturers in the electronics industry at its ISO 9002 registered facilities in Guntersville, Alabama, and Colorado Springs, Colorado. It specializes in assembling printed circuit boards and system level "Box Build" products, as well as providing product distribution services, for customers requiring strict quality control and prompt, responsive service.

CONTACT: Comptronix Corp., Guntersville

E. Townes Duncan, 205/582-1810