PDA Engineering

COSTA MESA — Nature of business: Engineering services, software design and advanced materials technology.

Total employees: 273

In Orange County: 180

Stock listing in The Times: On NASDAQ “PDA”

Ticker symbol: “PDAS”

Friday’s close: $5.38

One-week change: Unchanged

Analyst review: “PDA Engineering’s overall performance is good, but it is being impacted by cutbacks in the aerospace and defense industries and a weak European market. PDA is working with several major corporations to get them to standardize and increase their commitment to Patran 3, PDA’s newest software product. This is a slow process, but when this new product cycle progresses, revenues will begin to accelerate. PDA just has to plug away and right now it is doing everything it can. It just needs a little help from the economy to get back on track. I would expect to see continued weak revenue through the second quarter, with things picking up in 1994.”

--Fred L. Wolf, analyst Adams Harkness Inc., Boston

Revenue

In millions of dollars

‘91: 36.0

‘92: 38.1

‘93: 43.1

1 quarter

‘93: 9.2

‘94: 8.7

Profits

In millions of dollars

‘91: 2.7

‘92: 3.5

‘93: 4.4

1 quarter

‘93: 1.4

‘94: .7

Corporate outlook: “The strategy that has served us so well in the past has consistently focused on these areas: sticking to our niche of engineering analysis, making investments in new products and developing and expanding our partnering relationships and expanding PDA Engineering technology for use on an enterprise-wide basis.”

--Louis A. Delmonico, chairman/CEO

RETURN ON INVESTMENT: 3-YEAR SUMMARY AND YEAR-TO-DATE

Fiscal year ending June 30, June 30, June 30, 1 qtr. 1 qtr. 1991 1992 1993 1993 1994 52-week high $6.56 $8.38 $11.00 $6.50 $9.00 52-week low $5.63 $4.38 $4.63 $4.63 $4.63 Book value per share $2.06 $2.62 $3.14 $2.66 $2.89 Price per share $4.82 $5.63 $7.25 $7.32 $4.88 Net profit per share $0.29 $0.36 $0.43 $0.14 $0.01 Price-to-earnings ratio 17:1 16:1 17:1 13:1 122:1 Avg. return on investor 14% 14% 14% 22% 11% equity

*A tax gain of $840,000, or 8 cents per share, resulted in higher net income.

For more information call or write, PDA Engineering: 2975 Redhill Ave., Costa Mesa, Calif., 92626. (714) 540-8900

Source: PDA Engineering; Bloomberg Business News. Researched by JANICE L. JONES / Los Angeles Times