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INCREASED STAKE IN PERFECTDATA CORP. MAY SEEK CONTROLLING INTEREST

 SUN VALLEY, Calif., Oct. 6 /PRNewswire/ -- The Flamemaster Corp. (NASDAQ-NMS: FAME), and its affiliates have increased their stake in PerfectData Corp. (NASDAQ: PERF), to 981,912 shares, over 28.4 percent of the outstanding.
 In its amended Form 13-D filing with the Securities and Exchange Commission, Flamemaster indicated that it purchased the additional shares of PerfectData in open market transactions at prices ranging from $1 7/16 to $1 5/8. The filing further indicated that the shares were purchased for investment purposes, but the group may continue to buy shares from time to time and may acquire a controlling interest in PerfectData.
 PerfectData Corp. based in Simi Valley, Calif. is a producer of computer and ancillary office equipment, cleaning and maintenance products and a worldwide marketer of computer accessories to the commercial, industrial and home-use markets.
 Flamemaster Corp. is a specialty chemicals manufacturer of sealants, adhesives and coatings with interests in packaging and metal fabrication.
 Neither Flamemaster nor PerfectData have any outstanding debt and both have strong balance sheets.
 -0- 10/6/93
 /CONTACT: Joseph Mazin, president, 818-982-1650, or 213-875-1590/
 (FAME PERF)


CO: The Flamemaster Corp.; PerfectData Corp. ST: California IN: CPR SU:

EH -- LA018 -- 9379 10/06/93 13:42 EDT
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Publication:PR Newswire
Date:Oct 6, 1993
Words:203
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