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Puroflow Announces First Quarter Earnings

26 May 1998

Puroflow Announces First Quarter Earnings

            Aerospace Products Group Continues Strong Performance

    VAN NUYS, Calif., May 26 -- Puroflow Inc.
(OTC Bulletin Board: PURO) today announced net revenues of $2.1 million for
the three months ended April 30, 1998 compared to net revenues of $2.3 million
for the same period in 1997.  Net income totaled $185,582, or $0.026 per
share, for the three months ended April 30, 1998 compared to $253,196, or
$0.04 per share, for the same period in 1997.
    "The reduction in sales is due primarily to a 23 percent reduction in the
sale of filters for airbags, due to a slower than expected introduction of the
new, more environmentally safe non-azide airbags for the automobile driver and
passenger side," said Michael Figoff, President and CEO.  "We are pleased,
however, at the growth in the aerospace portion of Puroflow's business
primarily because the Company has been successful in obtaining Federal
Aviation Administration approval for additional filtration products for the
airplane aftermarket."
    Figoff said Puroflow's strategy of growth by improving its core business
in high performance aerospace filters is working.
    Figoff also emphasized that the Company's cash flow situation is strong.
Cash at the end of the first quarter of 1998 totaled $355,472 compared to
$180,008 at the end of the comparable period in 1997.  Additionally, the
Company has not had to use its $750,000 revolving credit line.
    Puroflow Inc., with manufacturing facilities in Van Nuys, is a leading
supplier worldwide of high-performance filters, able to withstand severe
environmental conditions, for the defense, space and commercial aircraft
industries, and for the automobile airbag industry