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DCX INC. FIRST QUARTER EARNINGS DOWN

 FRANKTOWN, Colo., Feb. 16 /PRNewswire/ -- DCX Inc. (NASDAQ: DCXI) today announced a first quarter net loss of $263,151 ($.08 per common share) for the three-month period which ended Dec. 31, 1992. The earnings are down markedly over the same period of prior years for which the company reported net income of $50,980 ($.02 per share) last year and $480 (nil per share) as of Dec. 31, 1990.
 Company Chief Financial Officer Fred Beisser indicated the loss occurred from work stoppages ordered by the company's major customer in response to DOD election year uncertainties about the defense budget related to potential reduced funding levels of a new administration. The work stoppages are being resolved through reinstatement of work and placement of new orders. Unavoidable overhead costs caused cost of sales to exceed net sales; it is expected to return to normal levels as production resumes.
 The company also reported its cash position has improved markedly as a result of partial payments by the government on its terminated contract settlement proposals and the sale of common stock during the quarter. The company, according to Beisser, has received more than 20 percent of its proposed settlement of $5.3 million and expects to get to final negotiations in early summer. Further, he indicated, company President Jeanne M. Anderson is aggressively pursuing opportunities which would result in commercial sales and complement the company's existing core business.
 DCX Inc. is an engineering designer, developer, and custom manufacturer of quality wire harnesses, cable assemblies, and electro-mechanical devices for aerospace, defense and industrial applications where high reliability is required. The company has assets of $7.1 million, shareholders' equity of $3,887,340 and its 3,229,569 shares of common stock are traded on the NASDAQ.
 DCX INC.
 First Quarter 1993 First Quarter 1992
 Net sales $133,430 $573,907
 Gross profit (37,784) 181,785
 Net inc cont'g opns (264,453) 41,009
 Net inc cont'g opns/sh ($.08) $.01
 Net income (263,151) 50,980
 Net income/share ($.08) $.02
 -0- 2/16/93
 /CONTACT: Fred Beisser, CFO of DCX, 303-688-6070, or 303-550-0135/
 (DCXI)


CO: DCX Inc. ST: Colorado IN: ARO SU: ERN

MS-KJ -- DV001 -- 6703 02/16/93 08:36 EST
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Date:Feb 16, 1993
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