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MAJOR INSURANCE COMPANY NEARS EQUITY INVESTMENT IN TOP SOURCE

 PALM BEACH GARDENS, Fla., Jan. 25 /PRNewswire/ -- Top Source, Inc. (AMEX: TPS.EC) said it expects a major insurance company to acquire an equity position in Top Source. The resulting strategic relationship would let the two companies involved capitalize on each other's assets to speed the development and commercialization of automotive safety and security technologies. The partnership, which is pending final approvals, will be in a position to take advantage of the increasingly favorable climate toward automotive safety.
 Top Source, Inc. develops and markets technologies, parts, and services for the transportation industries. Top Source has offices in Detroit, New York City, and Palm Beach Gardens, Fla.
 -0- 1/25/93
 /CONTACT: Rosemarie Kitchin (media), 313-643-8900, or Frank Gerardi (investors), 407-743-8080, both of Top Source/
 (TPS.EC)


CO: Top Source, Inc. ST: Florida IN: AUT SU:

JJ-AW -- FL005 -- 8379 01/25/93 10:31 EST
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Publication:PR Newswire
Date:Jan 25, 1993
Words:144
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