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DOVATRON BUYS CONNER, SINGAPORE SMT ASSEMBLY ASSETS

 LONGMONT, Colo., Oct. 18 /PRNewswire/ -- DOVatron International Inc. (NASDAQ: DOVT) announced today the purchase of certain surface mount electronics assembly assets from Conner Peripherals, Singapore for an undisclosed amount of cash. Under the terms of this agreement, DOVatron will supply Conner with printed circuit cards from its new 40,000 sq. ft. manufacturing facility in Malacca, Malaysia. This new facility has been designed to reach capacities in excess of $75 million per year, and DOVatron has estimated its first full year of 1994 production will reach $40 to $50 million. Limited production on these newly purchased assets will begin in the fourth quarter 1993, with full manufacturing scheduled for the second quarter 1994.
 Ronald R. Budacz, chairman and chief executive officer of DOVatron International, stated, "We are pleased to enter into this agreement with Conner Peripherals, especially since their outsourcing strategy matches our South East Asian expansion plans. Furthermore, it accentuates our presence in South East Asia, providing assembly solutions to global customers seeking manufacturing in this important part of the world."
 The facility will report into DOVatron's South East Asian headquarters in Singapore. DOVatron International serves the worldwide electronics industry through its four strategically located contract electronics manufacturing divisions. Also, the company designs, manufactures and markets assembly process tooling, machine tools and control circuits to the electronics industry through other independent business units. DOVatron has ISO 9000 certified production facilities in New York, Colorado, Ireland and Singapore.
 -0- 10/18/93
 /CONTACT: Carl R. Vertuca, Jr. of DOVatron, 303-772-5933/
 (DOVT)


CO: DOVatron International Inc.; Conner Peripherals ST: Colorado IN: CPR SU:

BB -- DV008 -- 3562 10/18/93 16:22 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
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