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Dyna Announces Earnings for Q1 Ended March 31, 2000

19 May 2000

Dyna Group International Announces Earnings for the First Quarter Ended March 31, 2000

    NEW BRAUNFELS, Texas--May 19, 2000--Dyna Group International (OTCBB:DGIX) announced earnings for the first quarter ended March 31, 2000.


                         First Quarter Ended
                               March 31
                        -----------------------
                          2000           1999
                        -----------------------
Revenues                1,877,713     1,696,682
Operating income          (50,683)       74,963
Income Tax                 (1,300)       25,462
Net Income (loss)         (51,983)       48,231
Earnings per share           (.01)          .01


    Total revenues increased $181,031 (10.7%). Operating income decreased $125,646 due to increased royalty expenses, lower gross margins and legal expenses.

    On May 15th a jury in Comal County, Texas, ruled in favor of Great American Products on a lawsuit versus Perma-Bond, a division of National Starch. An award in the amount of $520,000 was granted to Great American Products. We anticipate that the Appeals process will delay the final settlement of this case.