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PSC ANNOUNCES MAJOR EXPANSION PLANS

 WEBSTER, N.Y., April 2 /PRNewswire/ -- PSC Inc. (NASDAQ: PSCX). At a press conference this morning, L. Michael Hone, chairman and chief executive officer, announced a major expansion plan of PSC's facilities in light of projected growth.
 William E. Hollis, vice president of finance and treasurer, informed local politicians, COMIDA officials, Monroe County Executive Bob King, Webster Chamber of Commerce President Bill Schwappacher and others in attendance, that 1992 was a very exciting and rewarding year for PSC and its 240 employees. The company reported record sales ($35,912,000) and earnings ($4,346,000). Hollis will oversee future construction projects and also concentrate on the firm's five-year strategic plan.
 Hone, spoke about PSC's "Vision 2000." He remarked, "Our 1993 plans are to continue to aggressively reinvest for the future with increased capital and other expenditures for technology, product and market development." He feels strongly that a new facility is also vital to the company's long term strategic plan to remain competitive in the worldwide automatic data collection industry. As a laser based high technology operation, it is imperative that the company select a site that will best facilitate its growth needs.
 PSC is a leading manufacturer of laser scanners, interface modules, quality control instruments, and film masters for Bar Code data collection systems. PSC is located in the Rochester, N.Y. area.
 -0- 4/2/93
 /CONTACT: William E. Hollis, vice president, finance and treasurer, PSC Inc., 716-265-1600/
 (PSCX)


CO: PSC Inc. ST: New York IN: CPR SU:

LC -- CL013 -- 2611 04/02/93 15:27 EST
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Publication:PR Newswire
Date:Apr 2, 1993
Words:258
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