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APC FULFILLS EUROPEAN ORDERS DESPITE FIRE

 ROTTERDAM, The Netherlands, Feb. 24 /PRNewswire/ -- Less than five business days after a weekend fire destroyed a limited amount of the company's European inventory, officials at American Power Conversion (NASDAQ: APCC) say pending orders are satisfied and product shipments to European customers are back to normal.
 "Because the amount of units lost represented less than 15 percent of our monthly production, we've been able to make up for them without difficulty," said Rodger Dowdell, chairman and president of APC. "Most accounts continued without a blip in their business, while those who were delayed received product just a few days later than planned."
 Dowdell said that several containers of product were already on-site at the time of the fire, waiting to be loaded into the warehouse.
 "We now have more product warehoused and ready for shipment than we did before the fire," said Dowdell, who also said the company has insurance coverage for the product lost, as well as business interruption insurance.
 "We anticipate no negative short or long-term financial impact as a result of this incident," said Dowdell.
 In other developments, analyst Rick Martin of the Chicago Corp. raised his 1993 estimates to 90 cents and "strongly reiterated" his buy recommendation on APCC stock.
 Analyst Kevin Clark at Advest also last week upgraded his recommendation from an "Accumulate" to a "Buy."
 -0- 2/24/93
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 NOTE: American Power Conversion is the market share leader in Uninterruptible Power Supplies (UPS) and software for networks and similar mission-critical applications. Product lines include the Back- UPS, Smart-UPS, PowerChute software, Line-R high-performance power conditioners and SurgeArrest surge suppressors.
 /CONTACT: Aaron Davis, director of corporate communications, APC, 401-789-5735 x 2022/
 (APCC)


CO: American Power Conversion ST: Rhode Island IN: CPR SU:

DJ -- NE006 -- 9868 02/24/93 11:26 EST
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Publication:PR Newswire
Date:Feb 24, 1993
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