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SUPRADUR COMPANIES, INC. ANNOUNCES IMPROVED RESULTS FOR THIRD QUARTER AND NINE MONTHS 1993

 RYE, N.Y., Nov. 17 /PRNewswire/ -- Supradur Companies, Inc. (NASDAQ Small Cap: SUPD) said third quarter sales were $5,026,000 as compared to $5,206,000 for the previous year (which included sales of $842,000 for the now-closed subsidiary, Twin City Tool Co., Inc.) and the net loss was $123,000 down from $507,000 last year.
 For the nine months of 1993, Supradur reported sales of $14,932,000 as compared to $16,546,000 last year (which included sales of $3,915,000 for Twin City). The net loss for the current nine months was $309,000 down significantly from the $1,805,000 for the nine months of 1992.
 "While our operating results are somewhat lower than projected, they are substantially improved from those of a year ago," said Alfred E. Netter, president of Supradur. "Improvement occurred in all the operating subsidiaries and reaffirms our continuing effort to turn around the performance of all our businesses.
 "We completed a successful Private Placement of subordinated, convertible debt of $975,000 and a renegotiation of or Senior Debt. In addition, the reoccupancy of the vacant Twin City real estate by the guarantor (and, therefore, removal of the Asset and the IRB from our Balance Sheet) also contributed to a strengthening of our financial statement.
 "We expect to continue to improve our operating performance in the quarters ahead as we derive benefit from the investments in manufacturing equipment at our roofing and siding factory."
 Supradur Companies, Inc. is a diversified company with operating subsidiaries in the United States and Europe. The company's shares are traded in the Over-the-Counter market under the NASDAQ symbol SUPD.
 SUPRADUR COMPANIES, INC.
 Consolidated Statement of Operations
 (Unaudited)
 Quarter Nine Months
 10/3/93 9/27/92 10/3/93 9/27/92
 Sales $5,026,000 $5,206,000 $14,932,000 $16,546,000
 Net (loss) from
 continuing
 operations (123,000) (507,000) (309,000) (1,850,000)
 Discontinued
 operations --- (268,000) --- 1,363,000
 Cumulative effect
 of accounting
 charge --- --- --- 259,000
 Net loss (123,000) (775,000) (309,000) (228,000)
 Income (loss) per
 common share (.14) (.86) (.34) (.25)
 Avg. shares
 outstanding 906,500 906,500 906,500 906,500
 -0- 11/17/93
 /CONTACT: Alfred E. Netter, president of Supradur, 914-967-8230/
 (SUPD)


CO: Supradur Companies, Inc. ST: New York IN: CST SU: ERN

MP-LG -- NY045 -- 5424 11/17/93 11:20 EST
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Publication:PR Newswire
Date:Nov 17, 1993
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