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PERCEPTRONICS ANNOUNCES IT HAS NOT MADE REQUIRED PAYMENT

 WOODLAND HILLS, Calif., Nov. 20 ~PRNewswire~ -- Perceptronics Inc. (NASDAQ: PERC) announced today that it has not made a required $1.7 million principal payment on its convertible subordinated debentures, and the forbearance period that had been granted by its lenders expires today. The company noted that it is continuing discussions with the debenture holders regarding restructuring alternatives, but there is no assurance that those discussions will be successful.
 Perceptronics is engaged in research and development and in the manufacture and marketing of computer-based simulation software and systems for commercial and military training and decision support.
 -0- 11~20~92
 ~CONTACT: Dr. Gershon Weltman of Perceptronics, 818-884-7470, or Cecilia A. Wilkinson or Kim A. Feazle of Pondel Parsons & Wilkinson, 310-207-9300, for Perceptronics~
 (PERC)


CO: Perceptronics Inc. ST: California IN: CPR SU:

KJ -- LA014 -- 3449 11~20~92 14:43 EST
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Publication:PR Newswire
Date:Nov 20, 1992
Words:139
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