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ALCO INTERNATIONAL GROUP INC. TO STREAMLINE MEDICAL DIVISION OPERATIONS

 SAN DIEGO, June 3 /PRNewswire/ -- Alco International Group Inc. (NASDAQ: ALIG) ("Alco") today announced that it is streamlining operations of its Medical Division.
 Consolidations and restructuring in manufacturing and administration will result in major cost savings. At the same time sales and marketing activities will be strengthened. Management is confident that these measures will result in cost savings of more than $100,000 a month, or approximately 40 percent of present expenses, while providing a boost to product sales. This will make the company less dependent on outside capital and bring it closer to its goal of becoming a profitable enterprise, increasing shareholders' value.
 Alco, through its subsidiaries, operates two primary businesses: the marketing of medical products for infection control and women's health and the transportation of containerized cargo from South Florida to the Caribbean.
 -0- 6/3/93
 /CONTACT: Bob Cornelia of Alco International, 619-695-9555/
 (ALIG)


CO: Alco International Group Inc. ST: California IN: MTC MAR SU:

JL-BP -- SD002 -- 4801 06/03/93 09:06 EDT
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Publication:PR Newswire
Date:Jun 3, 1993
Words:167
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