EXHIBIT 99.1

               TRIPLE S PLASTICS, INC. SAFE HARBOR STATEMENT

The Company has made statements in its Current Report on Form 10-K that
constitute forward-looking statements, as defined by the Private Securities
Litigation Reform Act of 1995. These statements are subject to risks and
uncertainties. The statements relate to, and other forward-looking statements
that may be made by the Company may relate to, information or assumptions about
sales, income, earnings per share, return on equity, return on invested capital,
capital expenditures, working capital, dividends, capital structure, free cash
flow, debt to capitalization ratios, interest rates, internal growth rates,
Euro or other currency conversion plans and related risks, pending legal
proceedings and claims (including environmental matters), future economic per-
formance, operating income improvements, synergies, management plans, and goals
and objectives for future operations and growth. These statements generally are
accompanied by words such as "intend," "anticipate," "believe," "estimate,"
"project," "expect," "should," or similar statements. You should understand that
forward looking statements are not guarantees since there are inherent
difficulties in predicting future results. Actual results could differ
materially from those expressed or implied in the forward looking statements.
The factors that are discussed below, as well as the matters that will be set
forth generally in the Company's Annual Report on Form 10-K for the fiscal year
ended March 31, 2001, and the documents that are incorporated by reference
therein could cause actual results to differ. Some of these factors are
described as criteria for success. Our failure to achieve, or limited success
in achieving, these objectives could result in actual results differing
materially from those expressed or implied in the forward looking statements.
In addition, there can be no assurance that we have correctly identified and
assessed all of the factors affecting or that may affect the Company or that
the publicly available and other information we received with respect to these
factors is complete and correct.

We wish to caution readers that the following important factors, among others,
in some cases have affected, and in the future could affect, our actual results
and could cause our actual consolidated results for the first fiscal quarter of
2001 and beyond, to differ materially from those expressed in any forward-
looking statement made by us or made on behalf of the Company:

Overall World Economies

Our business depends on the strength of the economies in various parts of the
world, primarily in North America and to a lesser extent Europe, South America
and Asia. These economies are affected by the strength of their retail
economies, which are affected by such factors as consumer demand and the overall
condition of industry. These economies also may be affected by political
instability or other governmental issues. In recent years, world wide retail
economies have been characterized by increased competition, consolidation, and
overall competitive pressures to be the lowest cost provider in a given
industry.

Cellular Subscriber Base

Our business largely depends on the strength of the cellular subscriber base and
the demand for new products by existing end users in the United States, and to
some extent, in Europe. In recent years, the growth rate for the cellular
subscriber base has been moderating. Significant demand changes in the busi-
nesses served by our customers, affect the overall results of our customers, and
therefore impact our performance. The ability and willingness of consumers to
acquire new and more advanced models of cellular phones and other products
produced by our customers, as well as the pricing, purchasing, financing,
operational, advertising and promotional decisions by intermediaries in the
distribution of such products, may affect the demand for our customers', and
therefore our, products.

Nature of the Marketplace

We compete with other manufacturers of highly engineered injection-molded
thermoplastic components for the telecommunication, medical and other indus-
tries. Many of our competitors produce their products in areas of the world
where labor and other overhead costs are extremely low compared to our costs.
The willingness of some of our customers to substitute products from these
lower-cost manufacturers, and the perceived absolute or relative overall value
of these products by our customers, including service, quality and pricing, may
impact our overall performance. The current trend among our customers is to
foster high levels of competition among all suppliers and to demand that manu-
facturers maintain or reduce product prices, which may affect our profit margins
and other measures of financial performance.

Our customers also may experience difficulties and delays in new product
development, production, testing and marketing, including but not limited to,
failure to ship new products and technologies when anticipated, failure of
customer acceptance of new technologies and products, new technology performance
failures, product defects, and other occurrences affecting the slope or speed of
decline of the life cycle pricing curve for our customers' products. Our
customers' performance may also be affected by uncertain international wireless
license renewal procedures and an uncertain regulatory environment regarding
bandwidth allocation.

The combination of these market influences has created an intensely competitive
environment in which our principal customers continuously evaluate which product
suppliers to use, resulting in pricing pressures, the ongoing introduction of
new methodologies to lower costs and improve customer service. All of these
factors may have a direct impact on our growth and success, including the amount
of product sold to our customers in terms of units or revenue.

Cost Control

Our success also depends on our ability to control and reduce our costs, while
seeking to maintain consistently high levels of quality and customer service.
Our objective is retain our customer base and become their low-cost provider of
choice. However, certain factors, such as the underutilization of some of the
Company's plants and factories resulting in production inefficiencies, start-up
expenses, delays, and increased depreciation costs in connection with the start
of production in new plants, may affect our success in achieving this objective.

Additionally, difficulty in obtaining raw materials, supplies, power and other
items needed for production of our products at each of our facilities worldwide
may affect our ability to ship product.

Foreign Operations

Foreign operations are becoming increasingly more important to our business, as
we pursue our objectives of becoming the industry choice of low-cost provider.
There is no assurance that we will achieve this objective, or achieve it on a
consistent basis. Foreign operations can be affected by factors such as currency
devaluation, other currency fluctuations and the Euro currency conversion,
tariffs, nationalization, exchange controls, interest rates, limitations on
foreign investment in local business and other political, economic and
regulatory risks and difficulties.