Sun Valley, California: November 30, 2001, Flamemaster Corporation (NASDAQ: "FAME"), announced that it’s Board of Directors declared a quarterly cash dividend of .032 cents payable on January 3, 2002 to shareholders of record December 14, 2001.

Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. Flamemaster continues to hold a significant interest in PerfectData Corporation (NASDAQ: "PERF:), and an extensive investment portfolio.

PerfectData recently announced that it executed a letter of intent to acquire Graphco Technologies Inc. (G-TEC) a technology software and systems development company providing advanced security solutions for Biometric Identification, Secure Access, Surveillance, and Secure Law Enforcement Incident Management. G-TEC Solutions offer systems for protecting public and personal security and assets, while protecting data information, communications and individual privacy.

The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.