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ADVANCE CIRCUITS ANNOUNCES WITHDRAWAL OF STOCK OFFERING

 MINNETONKA, Minn., July 22 /PRNewswire/ -- Advance Circuits, Inc. (NASDAQ-NMS: ADVC), Minnetonka-based manufacturer of printed circuits, announced today that it has withdrawn its proposed public offering of common stock. Robert Heller, president of Advance Circuits, said "the market for products of computer manufacturers and their suppliers has weakened and it has become more difficult to project future operating results. Advance Circuits has sufficient working capital to meet its needs and finance equipment additions and improvements. We determined not to raise additional capital in the face of market uncertainties given the resources already available to the company."
 The company's common stock is traded on the NASDAQ National Market System under the symbol - ADVC.
 -0- 7/22/93
 /CONTACT: Robert W. Heller, president, or Thomas I. Mueller, executive VP, 612-935-3311, both of Advance Circuits/
 (ADVC)


CO: Advance Circuits, Inc. ST: Minnesota IN: CPR SU: OFR

AL -- MN003 -- 4325 07/22/93 08:43 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
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