ETC establishes new $9.3 Million credit facility with Congress Financial
Corporation

Marlborough, Mass., Nov. 15, 1994 -- ETC, a leading provider of integrated
software production and fulfillment services, today announced that it has
established a $9.3 million credit facility with Congress Financial
Corporation, a division of CoreStates Bank. The increased credit facility
will be used for working capital and equipment acquisition as ETC expands
its operations in the Boston, Atlanta, Los Angeles, and Dallas areas.

According to Thomas A. Brady, Jr., CFO, "This additional credit enables us
to maintain a stable financial posture as we respond to our customers'
demands for a wider scope of integrated service offerings and greater
capacities." For example, ETC has recently added CD-ROM services and
telemarketing, as well as expanded its Northeast production facility in
Marlborough, Mass.

Founded as Encryption Technology Corporation in 1982, ETC is an outsource
vendor that has the capacity to produce and assemble hundreds of thousands
of software products daily. ETC provides duplication, CD-ROM services,
printing and package production, digital publishing, assembly,
telemarketing and fulfillment. Rigorous manufacturing and quality
engineering, disciplines are employed as part of each service to assure
consistently high-quality. Corporate headquarters and the Northeast
production facility are located in Marlborough, Mass, with other
production facilities in the Atlanta, Los Angeles, and Dallas areas.

ETC
171 Locke Dr
Marlborough, MA 01752-1179
508-229-8500,  fax 508-229-8555

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