Article: DRYCLEAN USA, Inc. Announces Year End Results.

Business Editors

MIAMI--(BUSINESS WIRE)--Sept. 27, 2001

DRYCLEAN USA Inc, (AMEX:DCU) today reported reduced revenues and earnings for the fiscal year ended June 30, 2001.

Revenues for fiscal 2001 were $18,720,982 compared to $19,524,499 for fiscal 2000. Net income was $122,471, or $.02 per diluted share, this year compared to net income of $965,449, or $.13 per diluted share, last year.

Venerando J. Indelicato, Chief Financial Officer of DRYCLEAN USA, Inc. said, "The downturn in the economy hit us twofold. Telecommunications sales were substantially reduced despite heavy expenditures in selling expenses and a number of bad debts ...

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