JMR Electronics Completes Asset Acquisition of LION Cabinets, Ltd. World's
largest peripherals enclosure manufacturer becomes even larger

Chatsworth, California - February 5, 1996 - JMR Electronics, Inc., the
world's largest fully integrated manufacturer of electronic enclosures for
computer peripheral devices, today announced that it has completed the
asset acquisition of LION Cabinets, Ltd., a British manufacturer of
electronic enclosures for data storage devices, as well as its United
States subsidiary, LION America. Prior to the transaction, LION Cabinets,
Ltd. had been a division of Integrated Technology (Europe) Limited.
Specific details of the acquisition were not announced.

Broader Product Lines Both LION Cabinets, with manufacturing facilities in
Leeds, England, and its American operation will operate as wholly- owned
subsidiaries of JMR Electronics, Inc., which is headquartered in
Chatsworth, California. As a result of the transaction, JMR will broaden
its manufactured product line and significantly increase its presence in
the European common market. The United States JMR sales force will be
responsible for sales of LION cabinet products in America, with all sales
efforts directed by V. Steven Arnaudoff, JMR's vice president of sales.

Aggressive European Manufacturing Josef Rabinovitz, chief executive officer
of JMR Electronics, noted that the acquisition offers tangible benefits to
both American and European markets. "American customers will be able to
select from a wider selection of data storage enclosures, and will save
the costs involved with importing LION's products. Even more important,
since we intend to replicate our current manufacturing processes in
Europe, we will offer our European customers the full range of JMR
services, such as in-house "CE" mark testing, that have been available in
the United States. That will translate into significant increases in
convenience, as well as in savings. Flying the Common Market flag means
that our European customers can look forward to "just-in-time" delivery of
the full complement of JMR enclosures."

Rabinovitz added that JMR's latest acquisition is expected to have a
significant effect on revenues. "Providing easier access to the JMR line
in Europe should increase our revenues between 30 and 40 percent a year, "
he noted. "And, if we proceed with some other transactions we are
considering outside the United States, that figure should increase even
more significantly in the years ahead."

Increased Local Support Referring to an increased European sales presence,
Arnaudoff commented that JMR would begin an aggressive European
orientation program in the very near future. "LION has always had an
excellent reputation as a customer-oriented company offering strong
customer support. Both old and new customers will appreciate the fact that
this same local support will now be available across JMR's wide product
line, which currently includes over 400 different models - in over 3,000
configurations."

About JMR Electronics

JMR Electronics, Inc. a privately-held corporation, is the only fully
integrated manufacturer of electronic enclosures for computer peripherals
in the United States. Among the Company's broad range of models are
enclosures for RAID and CD ROM storage, rackmounts for industrial data
storage, and video-on-demand cabinets. The Company also has the
capabilities to produce custom designed enclosures according to original
equipment manufacturer (OEM) specifications. JMR demonstrates a relentless
commitment to total quality management, and has received its registration
under the ISO 9001 Quality System Standard. The Company earned an "INC."
magazine "Entrepreneur of the Year" award in 1994, and has been named to
the "INC." 500 list for three years.
 
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