Atlas Technologies Wins Major Order From European Automotive Supplier

    ANN ARBOR, Mich., July 19 Productivity Technologies
Corporation (OTC Bulletin Board: PRAC) announced today that Atlas
Technologies, Inc., one of its operating subsidiaries, recently won an order
from a major North American based automotive stampings supplier for one of the
supplier's factories located in France.  The order was placed with an Atlas
led group that includes a German automation and controls supplier, and
consists of the complete modernization of an existing tandem press line for
automotive body panels, including robotic press tending automation, a quick
die change system, and new electrical automation/press controls and safety
systems.
    According to James A. Kolinski, Atlas CEO, "This order is a strategic step
in our plans for the European market since it combines Atlas' considerable
strengths in flexible press automation systems with the extensive robotic
automation and electrical controls experience of our German partner.  This
important contract will further enhance Atlas' growing reputation as a leader
in the developing market for upgrading the performance of existing presses,
and will help position Atlas for future projects."
    Productivity Technologies Corporation (PTC) is an Ann Arbor, Michigan
based company involved in the factory automation and equipment industry.  PTC
wholly-owns Fenton, Michigan based Atlas Technologies, Inc., an ISO 9001
registered producer of automated stamping press systems, equipment, tooling
and related material handling equipment used by the world's automotive,
appliance, and other manufacturers, including steel and other metal
producers.  PTC also wholly-owns Westland Control Systems, Inc. of Westland,
Michigan, which designs and manufactures electrical control panels for
production machinery and machine tools used in automotive, adhesive &
sealant, and other industrial applications.
    Cautionary Statement Under the Private Securities Litigation Reform Act of
1995:  Statements of this Press Release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995 that are based on the beliefs of the company and its management.
Any statements contained herein which are not historical facts or which
contain the words expect, believe, project, estimate, seek, anticipate,
could, may, and similar statements shall be deemed forward-looking
statements.  The Company may be unable to realize its plans and objectives due
to various important factors.  These factors include but are not limited to
the potential softening of the domestic and foreign markets for automobiles,
automotive parts, and appliances, resulting in reduced demand for the
Company's automation equipment; potential technological developments in the
metal forming and handling automation equipment markets which could render
the Company's automation equipment noncompetitive or obsolete; and the
potential tightening of credit availability generally or under the Company's
credit facility, which may render the Company unable to access needed working
capital.

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