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JOHNNIE D. JOHNSON & COMPANY, INC. FORMS EUROPEAN ALLIANCE; CREATES FINCAP INVESTOR RELATIONS

 NEW YORK, June 7 /PRNewswire/ -- J.D. Johnson & Company has formed an alliance with four European financial communications companies to create FINCAP investor relations, a Paris-based investor communications partnership. This new entity combines the expertise of a highly- recognized group of professionals who excel in investor communications, financial public relations and financial marketing.
 "The globalization of the investment market requires that investor relations professionals have experience in both the international and local investment markets. Because this is a difficult task, a global alliance such as FINCAP Investor Relations provides us with additional resources to access the local European investment markets. Our philosophy is global reach with local expertise," said Johnnie D. Johnson, chairman and chief executive officer of Johnson & Company.
 The partnership consists of Johnnie D. Johnson & Company in the U.S., F.R.I. Communication in France, Sage Partners in the U.K. and Wedel & Beiertz in Germany. Johnnie D. Johnson serves as vice chairman to Serge Van Kampen, president of F.R.I. Communication and chairman of FINCAP.
 With offices in New York, Chicago and London, and affiliate offices in France, Germany, Japan and Australia/New Zealand, Johnson & Company provides cost-effective investor relations programs to corporations in the industrial and service sectors in the Americas, Europe and Asia.
 -0- 6/7/93
 /CONTACT: Denise M. Warren of Johnnie D. Johnson & Co., Inc., 212-425-4848/


CO: Johnnie D. Johnson & Company, Inc. ST: New York IN: SU:

WB-OS -- NY073 -- 6175 06/07/93 16:02 EDT
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Date:Jun 7, 1993
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