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TAYCO DEVELOPMENTS, INC. REPORTS PROFITABLE SIX MONTHS RESULTS

 NORTH TONAWANDA, N.Y., Feb. 25 /PRNewswire/ -- "A little over a year ago, Tayco Developments, Inc., an affiliate of Taylor Devices (NASDAQ: TAYD), was a holding company and had no earnings," Douglas P. Taylor, president of Tayco Developments, Inc. (OTC: TYCO), said today.
 "Today we reported six months sales of $160,165 and earnings of $54,219 for the fiscal period ended Dec. 31, 1992. Our profit would have been better except for one-time legal expenses incurred as an SEC reporting company.
 "Tayco Developments, now a fully staffed expanding affiliate, has a growing income from royalties and funded research. It also has two major research successes to its credit...one is the development and introduction of earthquake isolators; and the other is a new damper system for a ring laser navigator which outmodes the old gyroscope. The company anticipates substantial royalty income from these two new designs."
 TAYCO DEVELOPMENTS, INC.
 Six months ended Dec. 31 1992 1991
 Sales $160,165 $146,453
 Net earnings 54,219 21,064
 Per share .06 .03
 Shares outstanding 981,952 715,017
 -0- 2/25/93
 /CONTACT: Douglas Taylor, president, or Kenneth Bernstein, controller of Tayco Developments, 716-694-0800; or H.T. Rockwell of Rockwell Associates, 203-262-6596, for Tayco Developments/
 (TYCO)


CO: Tayco Developments, Inc. ST: New York IN: SU: ERN

GK-OS -- NY027 -- 0320 02/25/93 10:47 EST
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Date:Feb 25, 1993
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