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BFD RECEIVES RESPONSE FROM NASDAQ HEARING

 MARKHAM, Ontario, Oct. 5 /PRNewswire/ -- The Investor Relations Company has had no role in the preparation of this release. It is being compensated by BFD for distribution service only.
 BFD Industries Inc., (NASD Bulletin Board: BFDI) announces that it has received notification that its request for listings on the NASDAQ Stock Market has been denied based on the company's inability to meet NASDAQ's minimum bid price criterion of $3.00 per share.
 "We view this as positive news," stated Sheldon Hoffman, BFD's chief executive officer. "As it is our understanding that the request for listing will be reconsidered at such time as the company's minimum bid price meets this $3.00 criterion."
 BFD Industries Inc. develops, manufactures and markets infection control and wound care products for the medical and dental markets. BFD has facilities in Atlanta; Birmingham and Huntsville, Ala.; Janesville, Wis.; and Salt Lake City.
 -0- 10/5/93
 /CONTACT: Sheldon Hoffman, CEO of BFD Industries, 416-479-0654; or Tom Laughran, 708-564-5610, Mark Perlgut, 212-874-6800, or Earle Brown, 813-796-1452, all of The Investor Relations Company, for BFD/
 (BFDI)


CO: BFD Industries Inc. ST: Ontario IN: MTC SU:

SB -- DE022 -- 8923 10/05/93 14:02 EDT
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Publication:PR Newswire
Date:Oct 5, 1993
Words:196
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