Federal Screw Works Reports First Quarter Results

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Thu Oct 23, 2008 1:54pm EDT

ST. CLAIR SHORES, Mich., Oct. 23 /PRNewswire-FirstCall/ -- Federal Screw
Works (Pink Sheets: FSCR) reports net sales of $9,277,000 for the first
quarter ended September 30, 2008, compared to net sales of $16,832,000 for the
quarter ended September 30 of the prior year.  The Company incurred a net loss
of $(1,929,000) for the quarter ended September 30, 2008, or $(1.40) per
share, compared to a net loss of $(298,000), or $(.22) per share, in the prior
year.
SOURCE  Federal Screw Works

W. T. ZurSchmiede, Jr., Chairman and CFO of Federal Screw Works,
+1-586-443-4152
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