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BFD INDUSTRIES ANNOUNCES ACQUISITION OF ALPHA PRO TECH

 BFD INDUSTRIES ANNOUNCES ACQUISITION OF ALPHA PRO TECH
 MARKHAM, Ontario, May 15 /PRNewswire/ -- BFD Industries Inc. (BFD),


has now completed the purchase of all the shares of Alpha Pro Tech, Inc., a U.S. based company, by payment of U.S. $3.7 million dollars required to be paid on closing. The balance, of the purchase price, namely U.S. $3.5 million dollars is secured by a promissory note due and payable in one year and convertible in shares of the company at the option of the holder at U.S. $3.50 dollars, any time during the one year period. Alpha Pro Tech is now a wholly owned subsidiary of BFD Industries Inc.
 Alpha Pro Tech's facilities are located in Salt Lake City and Janesville, Wis. Preliminary combined sales for BFD and Alpha Pro Tech for the first quarter of 1992 are in excess of U.S. 2.1 million dollars.
 Alpha Pro Tech is a leading supplier of surgical disposables and is known throughout the industry for its innovative product designs. Its Magic Arch Positive Facial Lock mask has been ranked number one by an independent research facility, and is rapidly becoming a top selling dental face mask. It also produces a variety of decubitus-care products including medi-pads from Unreal Lambskin, a plush and durable fleece fabric. Alpha Pro Tech is the largest manufacturer and distributor of medi-pads in the United States. Alpha Pro Tech has also recently secured exclusive U.S. distribution rights to the patented RSVP bed patient monitoring system, a unique sensing device developed in response to new regulations concerning non-restrictive patient restraint.
 With 65 employees, Alpha Pro Tech last year generated over U.S. $5 million dollars in profitable sales across all their product lines. By marketing its patented disposable products through BFD's established distribution network which is primarily through agreements with major hospital buying groups, a substantial increase in sales of Alpha Pro Tech's products is anticipated.
 BFD Industries designs, manufactures, and markets a family of patented eye and face shield products for healthcare, industrial, and consumer applications. BFD products are used throughout the world by hospitals, clinics, and dental and medical practices to protect healthcare professionals from infectious diseases. These eye and face shield products, manufactured at BFD's U.S. plant in Birmingham, Alabama, are anti-fogging, distortion free, and 100 percent optically clear. BFD shields are extremely comfortable, lightweight, and above all, disposable, to eliminate any chance of cross contamination.
 -0- 5/15/92
 /NOTE TO EDITORS: This Press Release was prepared on behalf of the board of directors by the undersigned who accepts full responsibility for its contents.
 On behalf of the board
 Alexander Millar, president.
 The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release./
 /CONTACT: Alexander Millar of BFD Industries, 416-479-0654/ CO: BFD Industries Inc. ST: Ontario IN: SU: BFD


SH -- NY083 -- 0844 05/15/92 15:02 EDT
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Publication:PR Newswire
Date:May 15, 1992
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