Dyna Group International Announces 4th Quarter Sales and Earnings

26 March 1999

Dyna Group International Announces 4th Quarter Sales and Earnings

NEW BRAUNFELS, Texas--March 25, 1999--Dyna Group International (OTC BB:DGIX) announced today a gain of .02 for the 4th quarter and a gain of .07 for the year compared to a loss of (.09) for 1997.


                                 1998             1997
----------------------------------------------------------
 Sales                      $ 8,315,008      $ 9,279,743
 Net income                     523,849         (706,241)
 Net earnings per share             .07             (.09)
 Weighted average shares      7,493,295        7,500,425

    Revenues were intentionally reduced in markets that were historically unprofitable. Revenues did increase to our focused markets.
    Gross profit increased as we increased production in Mexico and reduced domestic production.
    Net income increased due to higher gross profit margins, lower SGA expenses, the sale of the Broadview facility, and the elimination of all expenses related to our Illinois operation and the move to Texas. The elimination of a valuation reserve on deferred tax assets reduced tax expense for the year.
    We remain optimistic about our growth and increased profitability. The difficult task of moving to Texas has proven to be the right decision.
    More detailed information is available on our Web site at www.gap1.com or e-mail at gapsales@compuvision.net.