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R-2000 REPORTS RESULTS

 R-2000 REPORTS RESULTS
 NEPTUNE, N.J., Sept. 2 /PRNewswire/ -- R-2000 Corporation


(OTC: RTWO) today announced results for the third quarter ended June 30, 1992.
 Sales for the third quarter ended June 30, 1992, were $584,554, compared to $510,000 for the three month period ended June 30, 1991. Sales for the nine month period ended June 30, 1992, were $1,579,405, compared to $1,056,700 for the same period ended June 30, 1992.
 The net loss for the quarter ended June 30, 1992, was $62,116 compared to a net profit of $6,200 for the same quarter last year. The loss was attributed to a short-term overhead increase in the company's manufacturing subsidiary. The increase of sales by 13 percent was attributed to an aggressive marketing and sales program initiated earlier this year.
 The company stated it expects it's year-end sales to exceed $2.1 million. This is an increase of 50 percent over last year.
 The company also announced it is continuing to search acquisition candidates that would add depth to it's existing manufacturing base.
 R-2000 Corporation is primarily engaged in the manufacturing of high precision parts and machined components and the sale of bronze and related bronze products.
 -0- 9/2/92
 /CONTACT: Lawrence B. Adams, chief executive officer of R-2000, 908-938-7797/
 (RTWO) CO: R-2000 Corporation ST: New Jersey IN: SU: ERN


AH-PS -- NY033 -- 5883 09/02/92 11:38 EDT
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Publication:PR Newswire
Date:Sep 2, 1992
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