Clarion Technologies' Sales Increase More Than 300% for 2000

    HOLLAND, Mich., April 18 Clarion Technologies, Inc.
today announced financial results for its fourth quarter and
year ended December 31, 2000.

    Clarion's sales for 2000's fourth quarter more than doubled to $31.8
million from the $15.0 million reported for the same period last year.  The
increase is primarily due to the Drake acquisition Clarion made in 2000's
first quarter.  For the quarter, Clarion reported a net loss after preferred
dividends (loss attributable to common shareholders) of $8.4 million, or $0.36
per diluted share, compared with $8.3 million, or $0.45 per diluted share,
reported for 1999's fourth quarter.  During the fourth quarter, the Company
recorded a charge of approximately $2.3 million before tax for the writedown
of the NAPCO, L.L.C. acquisition.  Clarion is eliminating certain low-margin
business that came through the purchase of NAPCO's customer accounts.

    Clarion Technologies' President Bill Beckman commented, "We are very proud
of the operational improvements we have made over the course of last year.
Unfortunately these improvements went unrecognized in our fourth-quarter
results because of the toll that the production slowdown in the automotive and
heavy truck industries had on our business."

    "To weather this current downturn, we are battening down our operations'
hatches.  We have begun implementing a series of measures aimed at reducing
our overhead costs without affecting our ability to serve our customers.  For
one, we plan to move our Greenville, Michigan, operations into a single
facility, as part of the consolidation of the Drake acquisition.  This move
greatly improves our efficiency and still leaves enough capacity to grow with
the customers that we serve there."

    For the year ended December 31, 2000, sales were $117.4 million, a more
than 300% increase over the $28.1 million reported for 1999 -- the result of
four major strategic acquisitions during 1999 and early 2000.  Earnings before
interest, taxes, depreciation and amortization improved to $4.8 million, or
$0.22 per diluted share, compared with a loss before interest, taxes,
depreciation, and amortization of $10.7 million, or $0.63 per diluted share,
for 1999.  For the year, Clarion's net loss after preferred dividends (loss
attributable to common shareholders) was $11.7 million, or $0.54 per diluted
share, compared with a loss of $14.9 million, or $0.88 per share, for 1999.

    Commenting on 2001, Mr. Beckman said, "While we are concerned by how this
economic downturn will affect our business and financial results in 2001, we
remain confident of the success of our business strategy in the long term.  We
actually expect this downturn to provide us with some opportunities to win new
business as potential customers look to other suppliers that can provide
better products and services in a more efficient manner.  In addition, through
the Drake acquisition, we have diversified our customer base to include
appliance, consumer goods and office furniture manufacturers, thereby reducing
our dependence on the automotive and heavy truck industries."


                          Clarion Technologies, Inc.
                             Financial Highlights
                                 (Unaudited)
                     In Thousands, Except Per Share Data

                                Three Months Ended            Year Ended
                               Dec. 30,     Dec. 31,    Dec. 30,     Dec. 31,
                                 2000         1999        2000         1999

    Net sales                $  31,811    $  15,011    $117,374    $  28,059
    Cost of sales               31,829       14,002     104,308       27,139

    Gross profit (loss)            (18)       1,009      13,066          920
    Selling, general and
     administrative expenses     2,976        8,027      11,958       13,685
    Impairment charge            2,299           --       2,299           --

    Operating income (loss)     (5,293)      (7,018)     (1,191)     (12,765)

    Interest expense            (2,595)        (403)     (8,008)      (1,010)
    Other income (expenses), net     8         (301)        101         (471)

    Loss before income taxes    (7,880)      (7,722)     (9,098)     (14,246)
    Income taxes (credit)          (57)         126         438          126

    Net loss                    (7,823)      (7,848)     (9,536)     (14,372)
    Preferred dividends           (554)        (426)     (2,204)        (571)
    Loss designated to common
     shareholders for computing
      per share results       $ (8,377)    $ (8,274)   $(11,740)    $(14,943)

    Loss per share
     (basic and diluted)      $  (0.36)    $  (0.45)   $  (0.54)    $  (0.88)
    Weighted average shares
      outstanding
       (basic and diluted)      23,514       18,529      21,625       16,931

    EBITDA                    $ (3,727)     $(5,886)    $ 4,792     $(10,736)