Date: Mon Jun 02 1997 - 18:51:19 EEST

     Paramount Industries Announces Acquisition
     Of Jade Corp's Rapid Prototyping Operations
     LANGHORNE PA, May 29, 1997--Paramount Industries has announced an
     agreement to acquire The Jade Corporation's rapid prototyping
     Under terms of the agreement, Jade's rapid prototyping operations,
     located in Huntington Valley, PA, will be moved to Paramount's new
     Rapid Technologies Center at its plant complex in nearby Langhorne,
     The acquisition is part of a continuing expansion of Paramount's role
     in the application of rapid technologies in product development. The
     company offers comprehensive services in all aspects of product
     development, including industrial design and product engineering,
     traditional model and pattern making, reverse engineering, rapid
     tooling, limited-run production and high-volume offshore manufacturing
     and assembly.
     Paramount's prominence in rapid technologies has been nationally and
     internationally recognized. Recently the company was selected as the
     International Host Site for DTM's most advanced new selective laser
     sintering system. Paramount CEO Jim Williams is a frequent lecturer on
     developments in rapid prototyping and rapid tooling.

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