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SHELDAHL RECEIVES MULTI-MILLION DOLLAR ORDER FROM MASCOTECH

 NORTHFIELD, Minn., Jan. 12 /PRNewswire/ -- Sheldahl, Inc. (NASDAQ: SHEL), said today that it had received a multi-year order from ELBI/HI-RAM, a leading manufacturer of relay electronic components and a division of MascoTech, Inc. (NYSE: MSX). Under the order agreement, Sheldahl will begin providing ELBI/HI-RAM with a flexible interconnect for use in the fuse box, the control center for vehicle electrical and electronic functions, of 1995 model mini-vans for a leading domestic automotive manufacturer. Sheldahl will begin full production of the interconnects in early 1995 and expects to realize sales from the agreement in excess of $7 million per year starting in fiscal 1996.
 ELBI/HI-RAM chose Sheldahl as its supplier due to the company's high-volume production capability, as well as for the performance of its product. The product design offers ELBI/HI-RAM complete configuration flexibility and will shorten its response time to design changes.
 James E. Donaghy, Sheldahl's president and CEO, said, "We're very pleased to be working with ELBI/HI-RAM in the development of this electronic systems integration unit for the automotive marketplace. It's a high-potential product that offers an innovative compact packaging solution, while providing outstanding performance and quality."
 Sheldahl is the leading manufacturer of flexible interconnects in the United States. The company's core technology involves the conversion of basic materials into technical laminates that are sold as foils and tapes. The company also uses these laminates as the base for such products as antennas, electronic shielding, insulation, flexible interconnects, and specialized fabrications. Sheldahl has strategically located design and technical centers in the Western, Midwestern, and Eastern regions of the United States, and in Great Britain, as well as an administrative/sales office in France.
 -0- 01/12/94
 /CONTACT: John McManus, vice president, finance, of Sheldahl, 507-663-8000; or Elin Shomaker of the Sage Group, 612-872-8418, for Sheldahl/
 (SHEL MSX)


CO: Sheldahl, Inc.; ELBI/HI-RAM; MascoTech, Inc. ST: Minnesota, France IN: CPR SU: CON

CP-DB -- MN001 -- 1302 01/12/94 09:28 EST
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Publication:PR Newswire
Date:Jan 12, 1994
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