WEST LONG BRANCH, N.J., Aug. 18 /PRNewswire/ -- EA Industries, Inc.
(NYSE: EA) announced today that Market Makers have been arranged to manage the
trading of the Company's common stock via the OTC Bulletin Board.  The firms
of Herzog, Heine and Dagould and Knight Securities have informed the Company
that they intend to file this week as Market Makers for EA Industries common
stock.  The Company stated that it expects other Market Makers to follow.
    On August 4, 1998, the Company announced that they had been informed by
the New York Stock Exchange that de-listing procedings had been initiated.  At
that time, to assure continuity in trading, the Company indicated that it
expected to initially transfer trading to the OTC Bulletin Board.
    "As I stated on August 4, 1998, the action taken by the NYSE has no direct
bearing on our plans to grow our business and return the Company to
profitability," said Frank G. Brandenberg, President and Chief Executive
Officer.
    "Over the past year, the Company has assembled and entirely new Board of
Directors, a new management team and has focused our resources on achieving a
growing and profitable position in the rapidly expanding Electronics
Manufacturing Services Industry.  During this time, we have expanded the
customer base of our Tanon Manufacturing business, cut our break-even point,
added higher margin prototype and quick-turn services through the creation of
Tanon EXPRESS and created leading supply chain integration software, presently
undergoing beta tests in our own manufacturing facilities," continued Mr.
Brandenberg.
    "Last week we announced the opening of our second Tanon EXPRESS facility
located in Fremont, Calif.  Today, we have announced the opening of the third
EXPRESS center in Methuen, Mass.  We have also announced recent financing
through a convertible debenture offering to finance the start-up costs
associated with the company's new customers.  Overall, I remain very
optimistic regarding the future of EA Industries," concluded Mr. Brandenberg.
    EA Industries, Inc. through its wholly-owned subsidiaries; Tanon
Manufacturing, Inc., Tanon EXPRESS and SupplyPoint Solutions, inc. is a full-
service manufacturing partner servicing the electronics industry from
manufacturing facilities and offices in West Long Branch, NJ, Wareham, Mass.,
Fremont, Calif. and Methuen, Mass.
    Except for the historical matters contained in this press release,
statements made in this press release are forward-looking and are made
pursuant to the safe harbor provisions in the Private Securities Litigation
Reform Act of 1995.  Investors are cautioned that these forward-looking
statements reflect numerous assumptions and involve risks and uncertainties
which may affect EAI's business and prospects and cause actual results to
differ materially from these forward-looking statements, including loss of
current customers, failure to obtain anticipated contracts or orders from new
customers, failure to obtain financing, higher material or labor costs,
unfavorable results in litigation against EAI, economic, competitive,
technological, governmental and other factors discussed in EAI's filings with
the Securities and Exchange Commission.

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