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KRELITZ INDUSTRIES ANNOUNCES RESIGNATION OF ALLINGHAM AS SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND DIRECTOR

KRELITZ INDUSTRIES ANNOUNCES RESIGNATION OF ALLINGHAM AS SENIOR VICE
 PRESIDENT, CHIEF FINANCIAL OFFICER AND DIRECTOR
 MINNEAPOLIS, July 14 /PRNewswire/ -- Krelitz Industries, Inc. (NASDAQ: KRLZ) announced today that Dennis J. Allingham resigned by mutual agreement as senior vice president and CFO, and as a member of the board of directors of the company.
 Allingham held various management positions with the company for the past 12 years. His resignation was effective June 30, 1992.
 Barry M. Krelitz, president and CEO, is assuming full responsibility for the company's operations.
 Krelitz Industries, Inc. is the largest drug wholesaler in the upper Midwest. The company also distributes general merchandise and develops and markets computerized management systems. The company's common stock is traded nationally on the over-the-counter market under the NASDAQ symbol KRLZ.
 -0- 7/14/92
 /CONTACT: Barry M. Krelitz, 612-347-9847/
 (KRLZ) CO: Krelitz Industries, Inc. ST: Minnesota IN: MTC SU: PER


KH -- MN011 -- 9219 07/14/92 15:34 EDT
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Publication:PR Newswire
Date:Jul 14, 1992
Words:156
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