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PCC GROUP ANNOUNCES RECORD FIRST QUARTER FY 1993 REVENUES; PRETAX EARNINGS MATCH LAST YEAR RECORD; INVESTMENT IN MULTIMEDIA CONTINUES

 BREA, Calif., Feb. 15 /PR Newswire/ -- Jack Wen, President of PCC Group, Inc., (NASDAQ: PCCG) reported today record revenues for the first quarter of fiscal year 1993 ended Dec. 31, 1992 of $25.8 million, a 13 percent increase over the $22.8 million in revenues for the same first quarter of fiscal 1992 ended Dec. 31, 1991.
 Operating income increased slightly for the current first quarter to $569,000 compared with $564,000 for the same three month period last year. After reflection of a higher tax rate in the 1993 first quarter, the Company reported first quarter net income of $458,000 or $.21 per share compared with net income of $594,255 or $.27 per share in the first quarter last year.
 Mr. Wen commented on the strong first quarter results saying, "We are pleased that we have been able to weather the recent severe recession in our industry. We have done this by continuing to focus on a high level of service to our over 1,000 customers, the introduction of several new products in recent months, and the continued strong distribution relationship with over 100 manufacturers. Mr. Wen noted that operating margins increased to 8.8 percent compared with 8.4 percent the same period last year as a result of a continued focus on costs and operating efficiencies. We are continuing to emphasize a mix of higher margin products for distribution, and the expansion of our multimedia business. During the quarter we incurred higher expenses as we continued to invest in new ventures which are important to PCC Group in the future. Of these, multimedia products continues to be an important focus of the Company.
 Wen commented on the growth of its multimedia division saying, "We believe this will be a significant factor in the growth of our company in the future. The market is slowly being developed by other major corporations such as IBM, Microsoft and Tandy. This capability significantly expands the utilization and entertainment value of a personal computer at a relatively low cost. We intend to be a leader in this marketplace through a combination of hardware products, and software publishing and distribution."
 Mr. Wen noted that the Company's balance sheet continued to strengthen with working capital of $2.1 million and shareholders' equity of $2.9 million, or $1.30 per share. "We are currently seeking appropriate sources of financing so as to continue the higher trend and increased momentum of revenues and earnings through the current fiscal year and into the future. We have established a strong base of products, and a national distribution capacity. We intend to build on this foundation as we enter the second and subsequent quarters of this fiscal year."
 PCC Group is a national distributor of microcomputer products. The company also assembles and markets: "PC Craft" and "Prominent" brand microcomputers; multimedia hardware products under the "Media Resources" brand; and "IHS" brand multiprocessor platforms.
 PCC GROUP INC.
 Summary of Operations
 (In thousands except per share amount)
 (Unaudited)
 Three Months Ended December 31,
 1992 1991
 Net Sales $ 25,825 $ 22,865
 Income from operations 569 564
 Income before taxes 595 606
 Provision for taxes (137) (42)
 net income 458 594
 Net Income Per Common Share .21 .27
 Average Shares Outstanding 2,187,375 2,187,375
 BALANCE SHEET HIGHLIGHTS
 (in thousands)
 Dec. 31, 1992 Sept. 30, 1992
 (unaudited) (unaudited)
 Cash $ 3,474 $ 2,050
 Total Current Assets 17,654 13,426
 Total Assets 18,793 14,532
 Total Current Liabilities 15,546 11,755
 Shareholders' Equity 2,871 2,413
 Total Liabilities and
 Shareholders' Equity $18,793 $14,532
 -0- 2/15/93
 /CONTACT: Jack Wen, President, or Lauro Valdovinos, C.F.O., both of PCC Group, Inc., 714-256-5000, or William F. Coffin, 818-789-0300, Coffin Communications Group for PCC Group, Inc./
 (PCCG)


CO: PCC Group, Inc. ST: California IN: CPR SU: ERN

TM -- NY042 -- 6646 02/15/93 20:51 EST
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Date:Feb 15, 1993
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