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ENHANCED ELECTRONICS ACQUIRES CURTIS MATHES CORPORATION

 DALLAS, Oct. 12 /PRNewswire/ -- Enhanced Electronics Corporation (OTC Bulletin Board: EEQC) announced that it has agreed to acquire Curtis Mathes Corporation, along with the assets of WRC, Inc., the company which supplies warranty and repair work for Curtis Mathes.
 Operating from its base in Dallas, Curtis Mathes has long been respected as a manufacturer and marketer of high quality home entertainment products. Pat Custer, chairman and president of Enhanced Electronics, said the two companies should fit well together in the overall plan to introduce a variety of specialty electronics technologies to American buyers of state-of-the-art audio and video equipment.
 "Curtis Mathes is the additional link that Enhanced Electronics sought for its expansion and distribution of its current and future technologies to the North American marketplace," Custer said. "We feel fortunate to be able to acquire the Curtis Mathes reputation for quality products."
 Enhanced Electronics Corporation markets electronics components and specialty technologies from the Far East to North American markets. Custer explained that "the existing synergy of this acquisition will be augmented by EEQC's strengths in distribution and financial management, as well as its access to funds to fuel a revitalization of the Curtis Mathes name."
 Enhanced Electronics will purchase 100 percent of the issued and outstanding stock of Curtis Mathes as well as assets of WRC, Inc., the warranty and repair company, in order to continue the Curtis Mathes warranty business. The acquisition is pending normal audit due diligence. Funding arrangements have been provided by EEQC's strong cash position and its pre-approved credit facility.
 -0- 10/12/93
 /CONTACT: Christen R. McComb of Investment Marketing Support, 800-354-8070 or 904-273-1551, for Enhanced Electronics Corporation/
 (EEQC)


CO: Enhanced Electronics Corporation; Curtis Mathes Corporation,
 WRC, Inc. ST: Florida, Texas IN: SU: TNM


AW-JV -- FL006 -- 1082 10/12/93 12:12 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
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