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DESIGNATRONICS INC. REPORTS SALE OF SUBSIDIARY

 NEW HYDE PARK, N.Y., Jan. 26 /PRNewswire/ -- Martin Hoffman, president of Designatronics Inc. (AMEX: DSG) today announced the sale of assets of its Automatic Coil Corp. subsidiary to Raven Industries, Inc. The sale of these assets of Automatic Coil, a manufacturer of inductors, transformers, filters, delay lines and other electronic assemblies, represents the final step in the company's decision to divest itself of its electronic operations. The company believes that the discontinuance of its electronic operations will have a minimal effect on overall sales and book value of the company and a positive influence in improving the company's earnings.
 Designatronics Inc. designs, manufactures and markets a wide array of factory automation machinery, cad-cam systems and mechanical and electro-mechanical components.
 -0- 1/26/93
 /CONTACT: Martin Hoffman, president and CFO; or Victor Francois, assistant controller, 516-328-3300, both of Designatronics; or Arum Advertising Associates, 516-328-3300, for Designatronics/
 (DSG)


CO: Designatronics, Inc. ST: New York IN: SU: TNM

AH-LR -- NY043 -- 6318 01/26/93 11:13 EST
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Publication:PR Newswire
Date:Jan 26, 1993
Words:165
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