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ADVANCED MATERIALS GROUP ANNOUNCES ACQUISITION

 CARSON, Calif., Oct. 7 /PRNewswire/ -- Advanced Materials Group (NASDAQ: ADMG) announced its acquisition of Condor Utility Products. Based in Stockton, Calif., Condor produces specialized systems for dispensing, mixing and handling multicomponent chemicals, adhesives, sealants and coatings for use in the telecommunications, power utility and aerospace industries.
 "We are very excited about the acquisition of Condor. This adds a tremendous new range of products and customers which will fit in well with the overall Advanced Materials Group strategy of acquiring companies that serve niche markets with engineered materials or specialty products," stated Steve F. Scott, president of Advanced Materials Group. Gary Valiska, president of Condor, states "We are very happy to be associated with a fast-growing company such as Advanced Materials Group."
 AMG is a leading manufacturer and fabricator of polymers, foams, foils, films and pressure sensitive adhesive composites to industrial customers. AMG intends to become the leading industrial producer of technical foams, foam composites and related special polymeric systems, specifically hydrophilic polyurethanes used in waterproof, breathable fabrics.
 -0- 10/7/93
 /CONTACT: Michael W. Crow, chairman, 619-929-7200 or Jerry E. Fullerton, CFO, 310-549-5444/
 (ADMG)


CO: Advanced Materials Group ST: California IN: SU: TNM

EH -- SD005 -- 9821 10/07/93 14:42 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
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