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ALPINE GROUP ANNOUNCES $8.3 MILLION CONTRACT AWARD AT DATAPRODUCTS NEW ENGLAND SUBSIDIARY

 ALPINE GROUP ANNOUNCES $8.3 MILLION CONTRACT AWARD
 AT DATAPRODUCTS NEW ENGLAND SUBSIDIARY
 NEW YORK, June 29 /PRNewswire/ -- The Alpine Group, Inc. (AMEX: AGI) announced today that its subsidiary, Dataproducts New England, was awarded an $8.3 million contract from the U.S. Communications Electronics command at Ft. Monmouth, New Jersey, for 529 militarized multiplexers to be used by the Air Force and the Navy in their various combat communications networks. Dataproducts New England is located in Wallingford, Conn.
 Steven S. Elbaum, chairman and chief executive officer of The Alpine Group, Inc., said, "Dataproducts New England has made an important strategic and financial contribution to Alpine since its acquisition in February 1992. The multiplexer award further strengthens Dataproducts New England's backlog and current fiscal year operations."
 Joseph A. Menniti, president of Dataproducts New England, said, "This contract was the result of an internal development program to satisfy various requirements derived from Operation Desert Storm." He further stated, "With this contract award, Dataproducts New England has achieved one of the highest first quarter bookings in the history of the company, which was established in 1954."
 The Alpine Group, Inc. is a holding company with continuing operations in information display related businesses. Through its Alpine PolyVision, Inc. subsidiary, Alpine is developing PolyVision, a proprietary flat panel display technology, for commercial applications in a wide variety of markets. A recently acquired subsidiary, Dataproducts New England, Inc., specializes in the advanced design, development, engineering and manufacture of electronic and avionic components and systems. Alpine's information display activities also include Posterloid Corporation, which manufactures and markets menuboard display systems to fast food and convenience store markets.
 -0- 6/29/92
 /CONTACT: June Filingeri or Bernie Kilkelly of Morgen-Walke Associates, 212-986-5900, for Alpine Group/
 (AGI) CO: Alpine Group Inc. ST: New York IN: SU: CON


SB -- NY016 -- 4533 06/29/92 09:05 EDT
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Publication:PR Newswire
Date:Jun 29, 1992
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