DAW TECHNOLOGIES, INC. ANNOUNCES EXPANSION OF MANUFACTURING CAPACITY; Manufacturing Capacity to Triple in 1995

Business Wire, May 23, 1995

SALT LAKE CITY--(BUSINESS WIRE)--May 23, 1995--Daw Technologies, Inc. (Nasdaq:DAWK) today announced its board approved capital expenditure plans to triple its manufacturing capacity by the end of the third quarter. The expansion plans include expanding its current building, purchasing additional equipment to expand capacity and automate some processes, and modifying the layout of the facility to increase the efficiency of its process flows.

The first phase of manufacturing equipment will be on-line before the end of the second quarter. Construction of new floor space will begin immediately and be completed by the middle of the third quarter. The final phase of equipment to fill this space is scheduled to arrive by the end of the third quarter.

"This expansion plan will enable us to take advantage of the growing market for our product," said Ronald W. Daw, President and Chief Executive Officer. "The new layout will actually cost very little, providing an estimated 10 for 1 return on gross revenues during the first full year of operation."

Daw Technologies, Inc., provides ultra-clean manufacturing environments for customers throughout the world. Daw specializes in the design, manufacture and installation of cleanrooms meeting stringent semiconductor manufacturing requirements, eliminating particles less than 1,000 times smaller than the diameter of a human hair.

CONTACT: Daw Technologies Inc., Salt Lake City

Ronald W. Daw, President, CEO

801/977-3100