Elcom Technologies, Inc.

Proposed Ticker: ELCM		78 Great Valley Parkway
Exchange: NASDAQ-National Market		Malvern, Pennsylvania 19355
Industry: Manufacturing		(610) 408-0130

All share information is proposed
Type of Shares:	Common Shares	Filing Date:	10/17/96
U.S. Shares Filed:	2,100,000	Filing Range:	$8.00 - $10.00
Non-U.S. Shares Filed:	0	Offering Amount:	$18,900,000
Primary Shares:	2,000,000	Expenses:	-
Secondary Shares:	100,000	Shs Out After:	8,878,340

Manager	Tier	Phone
Pennsylvania Merchant Group Ltd	Lead Manager	(215) 975-8120

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95	9/30/96	9/30/95		9/30/96
Revenue:	$0.00	$0.52	$0.00	Assets:	$10.57
Net Income:	-$6.73	-$7.95	-$5.69	Liabilities:	$5.07
EPS:	-$1.12	-$1.25	-$0.93	Equity:	$5.50
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

Elcom Technologies Corporation is the developer of the CUSTOMER PREMISES AREA NETWORK or CPAN System, which enables the distribution of video, voice, audio and data signals through a premises' existing electrical wiring. The CPAN System consists of a transmitter and a receiver which plug into standard electrical outlets. The transmitter is linked by standard input connectors to the signal source such as cable/satellite television, telephone line, stereo or computer. One or more receivers, located in other rooms, are linked by standard output connectors to televisions, telephones, fax/modem, speakers, computers or printers. The company is developing a family of products incorporating the CPAN System, and recently began marketing five such products: ezTV, ezPHONE, ezONLINE, ezAUDIO and ezREMOTE.

Use of Proceeds

The proceeds from the proposed offering will be used to increase the company's outsourced manufacturing capabilities, for research and development, for sales and marketing and for working capital and other general corporate purposes including possible acquisitions.

Last updated: 10/28/96