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ROADMASTER INDUSTRIES COMPLETES RECORD YEAR COMPANY SAYS IT EXPECTS FURTHER INCREASE FOR 1992

 ROADMASTER INDUSTRIES COMPLETES RECORD YEAR
 COMPANY SAYS IT EXPECTS FURTHER INCREASE FOR 1992
 ENGLEWOOD, Colo. Jan. 31 /PRNewswire/ -- Roadmaster Industries Inc. ("RMI") (NASDAQ: WHEL) said today that its unaudited revenues for the year ended Dec. 31, 1991 exceeded $210 million, the highest ever in the company's history. This compares to total revenues of $169 million for the 1990 year end, an increase of approximately 25 percent. The company went on to say its wholly-owned unit, Roadmaster Corp., had record unaudited sales and has forecasted record profits for the year ended Dec. 31, 1991. Sales in 1991 were $179 million compared to $132 million in 1990, an increase of over 35 percent.
 The company also announced that January 1992 sales are 40 percent higher than sales for January 1991. Ed Shake, president and chief executive officer of Roadmaster Corp. said, "sales of bicycles and fitness products were particularly strong in December 1991 with exceptionally heavy reordering in January of 1992." Roadmaster Corp. has $21 million in current open orders which represents three times the normal open order level for a February.
 Henry Fong, RMI chairman and president said, "in addition to 1991 being a record year for Roadmaster, our preliminary sales forecasts for 1992 indicate another record year." The company is currently preparing its 1992 financial forecasts which it expects to announce in mid to late February.
 Roadmaster Industries operates through its two wholly-owned subsidiaries, Roadmaster Corp. and Hamilton Lamp Corp. Roadmaster Corp. is a leading designer and manufacturer of Roadmaster junior wheel goods, Roadmaster bicycles and Vitamaster fitness equipment. Hamilton Lamp Corp. is a leading manufacturer of lamps and replacement shades.
 -0- 1/31/92
 /CONTACT: Henry Fong of Roadmaster Industries, 303-290-8150/
 (WHEL) CO: Roadmaster Industries Inc. ST: Colorado IN: SU: ERN


MC -- DV002 -- 5543 01/31/92 10:51 EST
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Publication:PR Newswire
Date:Jan 31, 1992
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