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TERMIFLEX DECLARES REGULAR QUARTERLY CASH DIVIDEND AND ANNOUNCES PRELIMINARY FIRST QUARTER RESULTS

 TERMIFLEX DECLARES REGULAR QUARTERLY CASH DIVIDEND AND ANNOUNCES
 PRELIMINARY FIRST QUARTER RESULTS
 MERRIMACK, N.H., Oct. 5 /PRNewswire/ -- Termiflex Corporation, (NASDAQ: TFLX) today reported that its board of directors has declared a regular quarterly cash dividend of 7 cents per share payable on Oct. 30, 1992, to stockholders of record on Oct. 19, 1992.
 Revenues for the quarter ended Sept. 30, 1992, were disappointing at about $1,330,000 resulting in a loss of about $70,000, or 5 cents per share. Final numbers will be released in mid-October.
 Delays in forecasted international orders, slippages of custom product shipments and the continued slowdown of domestic original equipment manufacturer (OEM) orders, have all combined to produce this revenue shortfall for the first quarter. Until the domestic economy strengthens, we expect only modest quarter-to-quarter revenue gains and a return to profitability within the fiscal year.
 Termiflex Corporation designs, manufactures and markets rugged, handheld and panel mounted terminals used as operator control panels, service units and data acquisition devices with microprocessor based commercial, industrial and military equipment.
 -0- 10/5/92
 /CONTACT: Judith Spaulding of Termiflex Corporation, 603-424-3700/
 (TFLX) CO: Termiflex Corporation ST: New Hampshire IN: SU: DIV


TM -- NE010 -- 6402 10/05/92 08:22 EDT
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Publication:PR Newswire
Date:Oct 5, 1992
Words:204
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