Dyna Group International Inc. Announces Earnings for First Quarter 1999

27 April 1999

Dyna Group International Inc. Announces Earnings for First Quarter 1999

NEW BRAUNFELS, Texas--April 26, 1999--Dyna Group International (OTC BB:DGIX) announced today earnings from operations for the first quarter ended March 31, 1999.



                            1st quarter ended        1st quarter ended
                              March 31, 1999           March 31, 1998

Revenues                         1,696,682                1,489,120
Net income                          48,231                   21,487
Earnings per share                     .01                      .00

    Total revenues for the first quarter of 1999 increased 13% to $1,696,682 from $1,489,120 in the comparable quarter in 1998. Net income for the first quarter of 1999 increased to $48,231 compared to a net income of $21,487 in the first quarter of 1998. On a per share basis, earnings were .01 during the first quarter of 1999 compared to .00 for the first quarter of 1998.
    The increase in revenues is a result of the company's emergence as a leader in the licensed products collectible market. Sales in this area have grown rapidly as the company exits markets that have proven to be unprofitable. The recent signing of licensing agreements with Dale Earnhardt Jr. and Richard Petty will strengthen the company's position in the explosive NASCAR arena. The WCW product line has been well received in the marketplace and we expect this line to continue its rapid growth curve.
    All aspects related to the move from Chicago to Texas have been completed. The production work force has matured, combined with the improved layout of the new facility, production efficiency has improved considerably. The sales force, all new to the company since the move, has solidified relationships with key accounts and has made great strides in developing new markets. Inbound orders for 1999 are well ahead of 1998.
    Great American Products, a wholly owned subsidiary of Dyna Group International (DGIX) is recognized as the leader in the manufacturing and distribution of pewter sports licensed collectibles. The company holds licenses with the NFL, MLB, NBA, NHL, NASCAR and 15 top drivers, ISC, WCW and others. In addition to the licensed products, Great American Products also produces a broad line of non-licensed collectible products that are sold through a variety of retail channels. The products are prized by collectors due to their design excellence, craftsmanship and the lasting value of pewter.