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Atlas Technologies Lands $4 Million Quick Die Change Order

12 February 1999

Atlas Technologies Lands $4 Million Quick Die Change Order

                         Earns IS0 9001 Certification

    NEW YORK, Feb. 11 -- Productivity Technologies Corporation
, announced today that its operating subsidiary, Atlas
Technologies, Inc., has received an order from a North American-based
automotive manufacturer for automatic quick die change equipment valued at
more than $4 million.
    "This order," said Michael D. Austin, President & CEO of Atlas, "is yet
another step towards providing this customer with a common solution for their
global operations, and further establishes Atlas as the world leader in large
press quick die change systems, with approximately 60% market share.  Once we
complete these installations we'll have installed quick die change carts on
more than 400 major stamping presses for this one customer alone, out of
approximately 1,500 presses used in their operations, and 6,200 presses used
by auto makers worldwide."
    The systems being ordered are patterned after a number of other Atlas
quick die change lines previously installed in the manufacturer's various
North American facilities.  The systems will be used to convert three lines of
presses which stamp body panel components into flexible systems capable of
automated 2 minute die changes from one part to another, as opposed to a
traditional time requirement of 4 to 8 hours.  This quick change capability
provides sufficient process flexibility to run a wide number of vehicle body
panels on the press line, using just-in-time scheduling with substantially
reduced work-in-process.
    Atlas, based in Fenton, Mich., also announced it was recently awarded ISO
9001 quality system certification.  This achievement marks the culmination of
more than 2 years of company wide efforts focused on improving product and
service quality through improved internal processes.  ISO certification helps
assure customers that Atlas' processes are capable of manufacturing the
highest quality pressroom automation equipment, including: quick die change
automation, automatic die storage and retrieval systems, sheet metal
destacking and stacking equipment, robotic transfer press automation and
finger tooling, and turnkey stamping press systems.

    Cautionary Statement Under the Private 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, anticipate and similar
statements shall be deemed forward-looking statements.