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RAMTEK ANNOUNCES EXPECTED LOSS

 SUNNYVALE, Calif., June 4 /PRNewswire/ -- Ramtek Corp. (NASDAQ: RMTK,D) today announced that it expects to report a loss for its year ending June 30, 1993. The company said the loss was partially the result of expenses incurred in its merger with Mass Microsystems Inc. and the subsequent substantial restructuring costs incurred due to consolidation of the organizations during the fourth quarter ending June 30, 1993.
 The company stated that the substantial restructuring charge will include costs associated with legal, accounting and other expenses incurred in the elimination of duplication and redundancies within the organizations.
 Ramtek Corp., with headquarters in Sunnyvale, designs, manufactures and markets high-performance mass storage sub-systems and related products for the micro/mini/mainframe computer markets through its subsidiaries, Mass Microsystems and MegaTape.
 -0- 6/4/93
 /CONTACT: William J. Tamblyn, vice president and chief financial officer of Ramtek, 408-522-1300/
 (RMTK,D)


CO: Ramtek Corp.; Mass Microsystems Inc. ST: California IN: CPR SU: ERP

TM-TB -- SJ006 -- 5651 06/04/93 17:54 EDT
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Publication:PR Newswire
Date:Jun 4, 1993
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