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MODERN ENGINEERING AND ANVIN CORPORATION ANNOUNCE MERGER

 MODERN ENGINEERING AND ANVIN CORPORATION ANNOUNCE MERGER
 WARREN, Mich., Sept. 15 /PRNewswire/ -- Modern Engineering and Anvin


Corporation announced an agreement today under which Modern Engineering will acquire substantially all of the assets of Mount Clemens, Mich.- based Anvin Corporation. The merger will allow an expansion of Anvin's business, which will be conducted under Modern Engineering's name.
 Anvin Corporation manufactures both prototype and production injection- and compression-molding tooling used to manufacture plastic automotive components. Joe Vent, president of Anvin, will head the new Modern Engineering unit, Mold Technologies.
 Under terms of the agreement, Anvin Corporation will move its operations from Mount Clemens to Modern Engineering facilities in Troy, Mich. The move will be phased in over the next few months to avoid disruption to Anvin's customers.
 "Anvin has developed new technology processes to significantly improve quality while shortening the leadtime required to fabricate molds," said Vent. "The market opportunities for this new technology are simply greater than Anvin can meet with our own resources. Operating as the Mold Technologies unit of Modern Engineering, we will have access to physical and human resources as well as the use of Modern's electronic communication network, allowing us to serve our customers even more effectively."
 "This relationship will help us meet the competitive demands of today's automotive marketplace," said Ralph Miller, president of Modern Engineering. "Our interior design and engineering expertise, now complemented by Anvin's capabilities, will allow for the cost-effective use of technology in bringing products from concept to the consumer more quickly. This expansion will allow us to offer a full range of services in the plastics development arena commensurate with what we have traditionally offered for sheet metal-based engineering projects."
 Modern Engineering provides international technical and engineering services to the automotive, aircraft, supplier and related industries, and employs specialists in all aspects of vehicle engineering, CAD/CAM/CAE, design, prototype manufacturing systems and tooling, as well as testing at locations across Southeast Michigan.
 The largest automotive engineering services firm in the world, Modern Engineering is a subsidiary of CDI Corporation (NYSE: CDI) of Philadelphia.
 -0- 9/15/92
 /CONTACT: George Kubicke of Modern Engineering, 313-578-6375; or Michael Scholl of Eisbrenner Public Relations, 313-641-1446, for Modern Engineering/
 (CDI) CO: Modern Engineering; Anvin Corporation; Mold Technologies;
 CDI Corporation ST: Michigan IN: AUT SU: TNM


SM -- DE031 -- 9809 09/15/92 16:58 EDT
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Date:Sep 15, 1992
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