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SECOM GENERAL CORPORATION REPORTS NET LOSS ON HIGHER SALES FOR FISCAL FIRST QUARTER

 NOVI, Mich., Feb. 12 /PRNewswire/ -- Secom General Corporation, (NASDAQ-NMS: SECM) announced today that it recorded a net loss of $349,000 or 12 cents per share, on slightly higher sales of $8,754,000 for its fiscal first quarter ended Dec. 31, 1992, compared to net income of $749,000, or 29 cents per share, on sales of $8,478,000 for the same quarter last year.
 Secom principally attributed the quarterly loss to its Uniflow unit, as it continued to sell certain products at a loss and absorbed higher overhead costs associated with its cold heading manufacturing expansion. Secom's Tri-Tec Plastics and Triple Tool units also contributed to the quarterly loss. Tri-Tec Plastics experienced higher cost of sales than expected and Triple Tool did not generate enough sales volume to cover costs.
 Management said it is taking corrective action at Uniflow by (1) reducing overhead, (2) emphasizing production efficiency, (3) instituting selective price increases and (4) emphasizing new sales orders. Tri-Tec Plastics is monitoring costs more closely and Triple Tool has significantly reduced its overhead so that it can breakeven at a lower sales volume.
 Separately, Secom said it was contacted by a prospective buyer to acquire Tri-Tec Plastics. The sale is subject to both parties reaching an agreement on the terms of the transaction, signing a definitive purchase agreement and fulfilling other conditions. If a sale of Tri-Tec Plastics is consummated, management believes that it will record a loss on the transaction.
 The company also announced that effective Feb. 5, 1993, Dale Rainwater, chief operating officer, resigned on terms that were mutually agreeable with the company.
 Secom consists of six subsidiaries that operate in three lines of basic manufacturing: metal parts forming, plastic molded products and toolmaking, serving principally the automotive, trucking, consumer and construction industries.
 SECOM GENERAL CORPORATION
 (Unaudited)
 First Quarter Ended
 Dec. 31, Dec. 31,
 1992 1991
 Net sales $8,753,600 $8,478,300
 Income (loss) before provision for
 income taxes (529,200) 497,400
 Provision for (benefit from) income taxes (179,900) 128,000
 Income (loss) before change in method of
 accounting for income taxes (349,300) 369,400
 Cumulative effect for change in method of
 accounting for income taxes N/A 379,100
 Net income (loss) (349,300) 748,500
 Earnings per share (a):
 Earnings (loss) before change in method of
 accounting for income taxes ($0.12) $0.14
 Cumulative effect of accounting change N/A $0.15
 Net income (loss) per share ($0.12) $0.29
 Average shares outstanding 2,838,200 2,530,700
 (a) All earnings per-share data have been restated to reflect the 10-percent stock dividend declared March 9, 1992.
 -0- 2/12/93
 /CONTACT: David Marczak, Secom secretary/treasurer, 313-349-8970, or Alex Tassos & Associates, financial public relations, 619-748-0787, for Secom General Corporation/
 (SECM)


CO: Secom General Corporation ST: Michigan IN: SU: ERN

DH-SM -- DE011 -- 6280 02/12/93 16:24 EST
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Date:Feb 12, 1993
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