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FIRETECTOR ANNOUNCES ACQUISITION

 SYOSSET, N.Y., July 7 /PRNewswire/ -- Firetector, Inc. (NASDAQ: FTEC, FTECU) announced today that its newly established unit, Comco Technologies Inc. (CTI) has acquired certain assets and contracts of Comco Systems, Inc., an important participant in the mass transit communications industry. Firetector estimates CTI's order backlog will exceed $1 million by year end with revenues in excess of $2 million in its first full fiscal year. Firetector expects CTI to add significantly to Firetector's profits inasmuch as CTI can operate largely within the company's existing overhead structure. Comco Systems had previously filed for bankruptcy protection due to business circumstances unrelated to the assets acquired by CTI.
 The Comco transaction is a further expansion of Firetector's growth within the "data communication industry" which already includes state-of-the-art security, naval communications and educational systems that augment Firetector's traditional strong position in the sound, life safety and fire alarm markets. Firetector will continue to investigate additional strategic investments to continue its market and product expansion.
 Firetector recently announced the successful completion of a second public offering of 375,000 units through Goldis Financial Group, Inc. Each unit consisting of three shares of common stock and three common stock purchase warrants.
 Firetector designs, manufactures, markets and services a variety of fire alarm, life safety, security and communication products and systems.
 -0- 7/8/93
 /CONTACT: Marc Palker, secretary of Firetector, 516-921-3400, or Marc Drimer of Goldis Financial Group, 516-357-8900/
 (FTEC)


CO: Firetector Inc.; Comco Systems, Inc. ST: New York IN: SU:

SH-LG -- NY060 -- 9172 07/07/93 16:01 EDT
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Publication:PR Newswire
Date:Jul 7, 1993
Words:255
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