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PARAGON TECHNOLOGIES SCHEDULES CONFERENCE CALL TO DISCUSS FOURTH QUARTER AND FULL YEAR 2001 FINANCIAL RESULTS

EASTON, PA - March 13, 2002 -- Paragon Technologies, Inc. (AMEX: PTG), a leading deliverer of "smart" materials handling solutions, including systems, technologies, products and services, announced today that it will report financial results for the fourth quarter and the full year 2001 prior to the open of the market on Monday, March 18, 2002.

Paragon will hold a conference call at 11:00 a.m. (EST) on Monday, March 18, 2002 to discuss the results. Bill Johnson, Paragon's president and chief executive officer, and Ron Semanick, chief financial officer, will host the call and be available to answer questions.

To participate in the call, please call 888-957-9865 and ask for the Paragon Technologies teleconference. International participants should call 712-271-0955. Simultaneous with the conference call, an audio web cast of the call will be available via a link on the Paragon website, www.paragontechnologiesinc.com.

For those unable to participate, a replay of the call will be available on Paragon's website, or by calling 888-562-6193. International participants should call 402-280-9988. The replay will be available from 1:00 PM (EST) on March 18, 2002 through 1:00 PM (EST) on March 25, 2002.

 

About Paragon Technologies

Paragon Technologies is a leader in integrating materials handling systems and creating automated solutions for material flow applications. Ermanco's branded conveyor technologies and material handling solutions address the needs of the distribution, assembly, and manufacturing marketplace. SI Systems' branded technologies and material handling solutions address unit assembly handling and order fulfillment applications. Paragon Technologies' Quality Management System at its Easton, Pennsylvania location is certified to the ISO 9001 standard. The scope of the Quality Management System governs the design, manufacture, assembly, installation, and servicing of automated materials handling and distribution systems. One of the top materials handling systems suppliers worldwide, Paragon's leading clients include the United States Postal Service, General Motors, IBM, BMG, Daimler Chrysler, Johnson & Johnson, Ford, Peterbilt, Harley-Davidson, Walgreens, and Clark Equipment.



Certain statements contained herein are not based on historical fact and are to be viewed as "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words or phrases used in this News Release denoting the anticipated results of future events, such as " believe," "affords us," "grow," "will be," "will spur additional opportunities," and similar expressions that denote optimism and uncertainty, are intended to identify such forward-looking statements. SI Handling's actual results, performance, or achievements could differ materially from the results expressed in, or implied by, such "forward-looking statements" if the factors on which their conclusions are based do not conform to their expectations.