Helisys Downsizes

From: Yakov Horenstein (yakov@planet.it)
Date: Sat Apr 04 1998 - 09:59:20 EEST

   (HELISYS)(HELI) Helisys Takes Steps to Decrease Costs and Reduce Overhead
                           (Business Wire; 04/01/98)

    TORRANCE, Calif.--(BUSINESS WIRE)--April 1, 1998--Helisys, Inc. (Nasdaq:
HELI) today announced that as part of its announced program to decrease costs
and reduce overhead, it has reduced its overall workforce by fifteen,
representing approximately 24 percent of the Company's current workforce. The
Company expects that these cuts could result in annualized savings of more

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