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MAGNETECH TO DO VIDEO DUPLICATION FOR U.S. NEWS

 FORT LAUDERDALE, Fla., July 9 /PRNewswire/ -- MagneTech Corporation (NASDAQ: TAPE) has been selected by U.S. News and World Report to supply their duplication requirements for a large videocassette premium campaign. MagneTech President Jack Brown announced that a substantial initial order had already been received. "We are pleased MagneTech has been selected by the prestigious U.S. News & World Report to handle their video duplication needs," said Brown.
 According to Brown, MagneTech expects to report record sales and earnings for the fourth quarter and fiscal year ended June 30, 1993.
 -0- 7/9/93
 /CONTACT: D. Courtney of MagneTech Corporation, 305-835-2214/
 (TAPE)


CO: MagneTech Corporation ST: Florida IN: SU:

JB-MM -- FL004 -- 9798 07/09/93 09:02 EDT
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Publication:PR Newswire
Date:Jul 9, 1993
Words:118
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