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VERTEX INDUSTRIES ISSUES STATEMENT ON RECENT MARKET ACTIVITY OF ITS COMMON SHARES

 CLIFTON, N.J., Oct. 21 /PRNewswire/ -- Vertex Industries, Inc. (NASDAQ: VETX) stated today that, to the best of its knowledge, management is not aware of any material business development that can account for the recent market volatility of its common stock.
 The company continues to increase the applications of its Bridge software package, a program designed for data collection and networking in commercial and industrial settings. This approach is in accord with its changing focus from primarily producing hardware devices with magnetic card and bar code technologies to developing and furnishing sophisticated, user-friendly software products.
 -0- 10/21/93
 /CONTACT: James Q. Maloy, president of Vertex Industries, 201-777-3500, or John Swanson of Swanson Communications, Inc., 212-683-4890/
 (VETX)


CO: Vertex Industries, Inc. ST: New Jersey IN: CPR SU:

WB-CK -- NY119 -- 5466 10/21/93 17:03 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
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