ST. CLAIR SHORES, Mich., Oct. 25 /PRNewswire-FirstCall/ -- Federal Screw Works (Pink Sheets: FSCR) reports net sales of $16,832,000 for the first quarter ended September 30, 2007, compared to net sales of $16,163,000 for the quarter ended September 30 of the prior year. The Company incurred a net loss of $(298,000) for the quarter ended September 30, 2007, or $(.22) per share, compared to a net loss of $(1,409,000), or $(1.02) per share, in the prior year. At its meeting today the Board of Directors declared a regular quarterly cash dividend of $.10 per share to be paid January 3, 2008, to shareholders of record December 3, 2007. DATASOURCE: Federal Screw Works CONTACT: W. T. ZurSchmiede, Jr., Chairman and CFO of Federal Screw Works, +1-586-443-4150

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