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RESDEL INDUSTRIES

ADDRESS: 4000 MacArthur Blvd., Newport Beach BUSINESS: The company designs and makes electronic and electromechanical equipment, and it distributes and sells FM scanning monitors, commercial communications equipment and public address amplifiers. ASSETS: $8.3 million (June 30, 1987) NUMBER OF EMPLOYEES: 110 TOP EXECUTIVES:

Cash Name Position Compensation Charles W. Missler Chairman, chief executive officer NA Stanley K. Weissberg President $164,944 Sidney E. Wing Vice president $147,132 Bruce G. Rossiter Chief financial officer NA Barbara J. Purcell Vice president $67,642 Malcolm F. Brown Jr. Vice president $84,591

Source: Proxy report dated Dec. 11, 1987

BOARD OF DIRECTORS

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Shares % of total Name Age Occupation owned shares Charles W. Missler 53 Chairman and chief executive of the company Stanley K. Weissberg 64 President of the company 74,150 1.2 Bruce G. Rossiter 45 Chief financial officer of the company 6,220 -- Henry K. Abajian 77 NA 423,989 7.0 James C. Jordan Jr. 50 NA -- -- Charles A. Von Urff 53 NA -- --

OTHER MAJOR SHAREHOLDERS

Shares % of total Name owned shares Microcircuit Development Corp. 2,827,500 46.7 Reliance Financial Services Corp. 1,818,181 29.9

FINANCIAL RESULTS

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Fiscal year ends June 30. Earnings and revenue in millions of dollars.

1988 1987 1986 1985 9 months Sales $18.4 $17.1 $14.2 $8.6 Earnings (loss) (0.3) 1.8 1.7 0.1 Per share -- 0.40 0.39 0.05

STOCK DATA Stock exchange, symbol: OTC, RSDL Shares outstanding (May 15): 6,053,447 52-week high: $7.50 52-week low: $1.625 Friday’s closing price per share: $2.625 Market value of common stock: $15.9 million


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