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BUTLER INTERNATIONAL, INC. SUBSIDIARY CONCLUDES RAYCOMM TRANSWORLD INDUSTRIES ASSET PURCHASE

 BUTLER INTERNATIONAL, INC. SUBSIDIARY CONCLUDES
 RAYCOMM TRANSWORLD INDUSTRIES ASSET PURCHASE
 MONTVALE, N.J., July 31 /PRNewswire/ -- Butler International, Inc. (NASDAQ: BUTL) announced today that its wholly owned subsidiary, Butler Service Group, Inc., has concluded the purchase of certain operating assets of the Northwest office of Raycomm Transworld Industries, Inc. (NASDAQ: RACM). The terms of the purchase were not disclosed. The transaction strengthens Butler's presence in the growing Northwest marketplace and continues the company's strategic initiatives to expand its full-service capabilities nationwide.
 Raycomm said this transaction is consistent with its strategic plan to refocus its business in other areas of the temporary services business. Butler and Raycomm are having further discussions regarding additional transactions.
 Butler Service Group, Inc. is a domestic and international contract technical services company. It is principally engaged in the location, recruitment and hiring of a wide variety if skilled engineers and technical personnel to provide services, on a temporary basis, to industrial corporations and other organizations throughout the U.S. and abroad.
 Raycomm Transworld Industries is a nationwide, contact employment company. It supplies temporary professional and technical personnel and craft laborers to a wide variety of industries.
 -0- 7/31/92
 /CONTACT: Cathy D. Shea of Butler International Inc., 201-573-8000/
 (RACM BUTL) CO: Butler International; Raycomm Transworld Industries ST: New Jersey IN: SU:


TM -- NE004 -- 5661 07/31/92 13:49 EDT
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Publication:PR Newswire
Date:Jul 31, 1992
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