ATLANTA, Surinam Airways, the national airline of
Suriname , has chosen global airline technology leader Worldspan, L. Worldspan enables travel suppliers, distributors and corporations to
reduce costs and increase productivity with technology like Worldspan Go!(R)
and Worldspan Trip Manager(R) XE.

6 million ($2. However, due to the mix of projects currently being worked,
accompanied by pending bids outstanding, the company currently anticipates
that gross margin as a percentage of revenue may experience a minor decline in
2005.2 million in 2003.9 million during the
comparable quarter of 2003.
"During his long tenure Don has led the company to enjoy good success
which has resulted in Devcon having a strong market share in the construction
and materials business in the Caribbean. Farenhem served as executive vice president of strategic
planning and corporate development for Bancshares of Florida and the chief
financial officer for Bank of Florida from February 2002 to April 2003.

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Many of these solutions are available on a customized,
subscription-based service to airlines of any size, from start-ups to the
world 's largest commercial carriers. Utilizing some
of the fastest, most flexible and efficient networks and computing
technologies, Worldspan provides comprehensive electronic data services
linking approximately 800 travel suppliers around the world to a global
customer base.1 million.
The Construction Division continued to improve during 2004.9 million to $25.9 million in 2003 to $2. Ruzika has served as president of Devcon Security Holdings, Inc.
Prior to joining the company in February 2005, Mr.
Previously, Mr.

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09 per fully diluted share) for the year ended December 31,
2004 when compared to a net loss of $8. Don has laid a good foundation upon
which we can build and I am excited about working closely with Dave Rulien,
the president of the Construction and Materials and Utilities Divisions, as
well as with all members of the Devcon team in the years ahead," Mr.

DEVCON INTERNATIONAL CORP.

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Donald L.

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In addition to scheduled service, charter flights are offered between
various Caribbean islands and neighboring countries, and out of Amsterdam, the
Netherlands to European destinations, such as Dalaman and Bodrum in Turkey. All
forward-looking statements are based upon information available to Worldspan,
L. This significant improvement was principally a result of the
Construction and Materials Divisions achieving a combined increase in gross
margin of $7.6 million in the fourth
quarter of 2004 compared to an operating loss of $0. Based upon the outcome of this review the
company may pursue an orderly divestment of all or certain of these
operations .
Farenhem served as an investment banker with Bank of America Securities from
October 1988 through February 2002.
"This is an exciting time for our company," Mr.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

2004 2003
Revenue
Materials revenue $41,061,332 $35,407,375
Materials revenue, related party 1,918,593 2,801,872
Construction revenue 14,657,257 12,248,611
Construction revenue, related party 10 ,394,281 4,855,237
Security revenue 943,080 --
Other revenue 183,938 --
Total revenue 69,158,481 55,313,095

Cost of Sales
Cost of Materials (36,083,264) (33,304,509)
Cost of Construction (17,547,373) (15,254,280)
Cost of Security (648,200) --
Cost of Other (156,362) --
Gross profit 14,723,282 6,754,306

Operating expenses:
Selling , general and administrative (15,141,900) (10,902,483)
Severance and retirement (1,655,968) (2,095,563)
Impairment of assets (621,926) (2,859,235)

Operating (loss), as revised (2,696,512) (9,102,975)
Other income (expense):
Joint venture equity earnings 71,300 107 ,162
Interest expense (164,051) (151,119)
Interest income , receivables 2,631,398 2,444,541
Interest income, banks 265,491 167,349
Other income -- 305,744
Gain on Antigua Note 10,970,012 --

Income (loss ) before taxes 11,077,638 (6,229,298)
Income tax expense (440,766) (2,388,157)

Net income (loss) $10,636,872 $(8,617,455)

Income (loss) per common share-basic $ 2.
CONDENSED CONSOLIDATED BALANCE SHEETS

December 31, December 31,
2004 2003
ASSETS
Cash and cash equivalents $ 34,928,162 $ 10,030,006
Accounts and notes receivable , net 12,561,575 12,638,671
Costs and estimated earnings in excess
of billings 1,130,184 1,170,572
Inventories 3,324,237 3,386,930
Prepaid expenses 746,991 288,973
Prepaid taxes 4,401,480 --
Other current assets 4,427,077 515,219
Property , plant and equipment, net 27,745,082 23,949,269
Investments in unconsolidated joint
ventures and affiliates, net 362,434 349,413
Notes receivable 3,318,464 10,919,100
Intangible assets, net of amortization 4,320,815 --
Goodwill 1,114,524 --
Other long-term assets 3,284,044 1,170,589

Total assets $101,665,069 $ 64,418,742

LIABILITIES AND STOCKHOLDERS ' EQUITY
Current liabilities $ 19,460,364 $ 12,190,803
Long -term debt, excluding current
installments 564,440 2 ,424,144
Retirement and severance 4,012,596 3,094,580
Other long-term liabilities 644,751 1,160,147
Total stockholders' equity 76,982,918 45,549,068

Total liabilities and stockholders' equity $101,665,069 $ 64,418,742

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Prior to that Mr., 83, has served as chairman and chief executive
officer of Devcon since founding the company in 1950. Mr.
ET Wednesday, April 20.

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Surinam Airways is one of eight commercial carriers in various world
markets to recently choose Worldspan for hosting and related IT solutions.7 million when compared to the 2003 operating loss of
$9. Mr ., and has over 20 years of
experience in the security services industry. "Steve's
continued leadership capabilities and broad experience should have an
extraordinarily positive impact on our company's growth. Thomas in the
U.

Maarten (Dutch side).

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As
Worldspan Participating Carriers, Surinam Airways and other carriers hosted in
Worldspan also rely on the Worldspan global distribution system (GDS ) to
distribute their flights, fares, booking and electronic ticketing capabilities
to worldwide points of sale. We continue to raise the bar in airline hosting and
related technologies, ensuring Surinam Airways and all carriers hosted by
Worldspan continue to operate using the most advanced and relevant solutions
available to airlines," said Kevin Ficco, vice president - Airline
Distribution and Business Development for Worldspan. ("the Company") on the date this release was submitted.0 million
in 2004 when compared to $38. The implementation of additional review procedures and
improved financial controls, which should reduce these write-downs in the
future, is underway. who will retire as of
April 18, 2005, and retain the position of Chairman of the Board. During his tenure, he
has directed the company's growth from its beginnings as a small south Florida
contractor to a major provider of construction materials and construction
contracting services in the eastern Caribbean .
Mr. I am confident that
his leadership as chief executive officer will position Devcon for its
continued growth as a diversified services company. In some cases
you can identify these statements by forward-looking words such as
"anticipate," "believe," "could," estimate," "expect," "intend, " "may,"
"should," "will," and "would" or similar words. The call may be accessed through a live webcast link
on the company's Internet home page, http://www.

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for a
five-year hosting partnership . "Worldspan's flexibility in responding
to our operational, distribution and implementation timeline requirements was
immediately evident.
Surinam Airways is headquartered in Paramaribo, Suriname (formerly Dutch
Guiana). Any forward-looking statements involve risks and uncertainties that
could cause actual events or results to differ materially from the events or
results described in the forward -looking statements, including, but not
limited to, risks and uncertainties related to: the Company 's revenue being
highly dependent on the travel and transportation industries; airlines
limiting their participation in travel marketing and distribution services;
airlines altering their content or changing the pricing of such content; or
other changes within, or that may affect the travel industry or the Company. This division continued to experience improved revenue and
related gross margin dollars in most of its operating areas, particularly the
Bahamas.8 million to $43. Smith, Jr. Lakey served on the Board
of Directors and as chief financial officer of Alice Ink, Inc. Mr. These factors include , but are not
limited to: general economic and business conditions; our business strategy
for expanding our presence in our industry; anticipated trends in our
financial condition and results of operation; the impact of competition and
technology change; existing and future regulations effecting our business , and
other risks and uncertainties discussed under the heading "Factors Affecting
Our Operating Results, Financial Condition, Business Prospects and Market
Price of Stock" in Devcon's Annual Report on Form 10-K for the period ended
December 31, 2004 as filed with the Securities and Exchange Commission , and
other reports Devcon files from time to time with the Securities and Exchange
Commission .

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Worldspan is headquartered in Atlanta,
Georgia.P."

About Devcon
Devcon has three operating divisions and an operating joint venture.09 $ (2.

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P.
From its hub at Johan Adolf Pengel International Airport, Surinam Airways
offers regional and international scheduled service to Amsterdam; the
Caribbean destinations of Aruba, Curacao, the Netherlands Antilles, Port Of
Spain , Trinidad and Tobago; Belem, Brazil; and seasonally to Miami.
"Surinam Airways needed a new and more powerful technology alternative to
meet the demands on our airline in an increasingly competitive environment.

About Worldspan, L.8 million to $69.
The Materials Division revenue increased by $4. Lakey was named Vice President of Business Development,
effective April 13, 2005, and Robert C. Croix and St.

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1 million when compared to $17.1 million
during 2003. Currently, this division is expected to experience continued revenue
growth accompanied by corresponding increases in aggregate gross margin
dollars. Ruzika, 49, has been the president of the company since October 2004
and will be the chief executive officer of the company effective April 18,
2005., which was acquired
by the company on July 30, 2004, provides employment screening and paperless
workflow services to major corporate clients in North America. Farenhem has been and is a principal and chief financial officer of
Royal Palm Capital Partners, a private investment firm, since April 2003. The webcast will
be archived and available on the company's website for one month following the
call.57)

Weighted average number of shares
outstanding:
Basic 4,363,476 3,351,817
Diluted 5,096 ,566 3,351,817

DEVCON INTERNATIONAL CORP.

The Netherlands Antilles is an autonomous part of the Kingdom of the Netherlands comprised of five islands: Bonaire, Curaao, Saba, St.

sint maarten

We
pursued a hosting opportunity with Worldspan because their solutions are
market leaders, and because Worldspan 's people have a reputation among
airlines as excellent service providers," said Clyde Cairo, vice president -
Commercial Affairs for Surinam Airways. Worldspan is one of the most experienced
developers and providers of airline technologies and services for airlines
worldwide, including world-class carriers Northwest Airlines and Delta Air
Lines. In 1962
the expanding airline was formally established as Surinaamse Luchtvaart
Maatschappij (SLM), and in 1975 it became the newly independent country of
Suriname's flag carrier. The Company
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise . Operating losses decreased
during the year, from $5. Prior to that Mr. Lakey joined Devcon as its chief financial officer in February 2005.

The capital is Willemstad, located on Curaao.

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Readers
are cautioned not to place undue reliance on forward-looking statements.
In 2004, revenue increased $13.4 million to $2. Ruzika
said. Martin
in the French West Indies, on Puerto Rico, and on Antigua in the independent
nation of Antigua and Barbuda. These forward-looking
statements contain projections of Devcon's future results of operations,
financial position or state other forward -looking information.

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National Carrier Surinam Airways Awards Hosting and IT Contract to Worldspan

com., Devcon International Corp.
Devcon also announced today that it has appointed Stephen J . Ruzika served as chief executive officer of Carlisle
Holdings Limited (formerly known as BHI Incorporated ), a Nasdaq-listed
company. Ruzika is the former chief financial officer (1989-1997) of ADT
Limited and president of ADT Security Services, Inc. Farenhem has been appointed the
company's interim Chief Financial Officer.
Mr.com .

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Additional information is available at worldspan. In addition, the company is in the process of reviewing
in detail this division's operations and, based upon the findings , will
implement the necessary changes to improve profitability, which the company
anticipates will be achieved through price increases, where appropriate, and
operating expense reductions.
Mr. Congress, through its
subsidiaries, including Security Equipment Company, Inc. Virgin Islands , on St.44 $ (2.

Eustatius (aka Statia), and St.

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Surinam Airways is wholly owned by the Suriname
government. Revenues
increased by $7., a privately
held consumer products company.S.

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Operating results during the fourth quarter of
2004 were significantly affected by negative inventory variations , an
impairment of certain assets used in operations, and an increase in bad debt
expense relating to certain trade and notes receivable. Lakey, from July 1987 to August 1997,
served in various financial and operational positions for various subsidiaries
of ADT Limited, the last being chief operating officer for its operations in
Canada and 11 European countries. The Construction
Division dredges harbors, builds marine facilities, constructs golf courses
and prepares residential, commercial and industrial sites, primarily in the
Bahamas and the eastern Caribbean. DevMat, an 80-percent-owned joint venture, was
formed in 2003 to build, own and operate fresh water, waste water treatment
and power systems.
The company's fourth quarter conference call is scheduled for 10:00 a.

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Devcon Reports a $19.3 Million Increase in 2004 Net Income Including an $11 Million Settlement; Names Stephen J. Ruzika as Chief Executive Officer

During the fourth quarter of 2004 we announced the
settlement of outstanding note receivables and various pending claims with the
Government of Antigua and Barbuda , which resulted in other income amounting to
$11. The
new Security Services Division provides electronic security services to
commercial and residential customers in selected markets. You should not rely on
forward-looking statements because Devcon's actual results may differ
materially from those indicated by these forward-looking statements as a
result of a number of important factors .

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The airline commenced operations in 1955 with a Cessna 170-B plane.3 million in net income to
$10. Devcon does not intend to and undertakes no duty to update the
information contained in this press release.

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In addition to hosting the airline's operations
at Worldspan's global data center , Worldspan will also provide Surinam Airways
with Worldspan Meridian(SM) technologies, sophisticated systems to manage the
airline's mission critical daily operations, including reservation and
inventory management, flight operations, airport passenger processing,
electronic ticketing, global fares and pricing requirements, and more."
"Worldspan is extremely pleased to welcome Surinam Airways as a new
airline hosting partner, furthering our expansion into South America, Latin
America and the Caribbean.6 million. Ruzika as
Chief Executive Officer, succeeding Donald L.
In addition , Devcon has also announced the following changes in senior
management: Ron G. The Materials Division produces and
distributes crushed stone, ready-mix concrete and concrete block in the
eastern Caribbean with principal operations on St.devc.

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Worldspan Meridian is the airline technology package for airlines hosted
in Worldspan, providing carriers with robust, flexible solutions, including
global fares and pricing, e-ticket technologies, inventory management,
reservations management, flight operations , airport processing services,
baggage tracking, weather services, historical pricing, rental car and hotel
booking solutions, Worldspan Rapid Reprice (automated ticket repricing
solution) and Worldspan e-Pricing(R) (low-fare shopping and pricing
technologies). Worldspan offers industry-leading Fares and Pricing technology
such as Worldspan e-Pricing(R), hosting solutions and customized travel
products.2 million, a 25% increase
when compared to 2003 revenue of $55.3 million. The operating loss decreased
$6.0 million. Smith, Jr. Smith said.

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More information on potential risks and uncertainties is available in the
Company's recent filings with the Securities and Exchange Commission,
including the Company's annual Form 10-K report, Forms 10-Q, Forms 8-K and
Form S-4.6 million ($2.7 million in 2004, however
this division did record an operating loss of $2.
since August 2004. Ruzika served as chairman and chief
executive officer of Congress Security Services Inc. Maarten in the Netherlands Antilles, on St.

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DEERFIELD BEACH, Fla.
(Nasdaq: DEVC) today reported an increase of $19.

Forward-Looking Statement
This press release may contain statements, which are not historical facts
and are considered forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.

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Worldspan is a leader in travel technology services for travel suppliers,
travel agencies, e-commerce sites and corporations worldwide.

Statements in this release and any exhibits hereto which are not purely
historical facts, including statements about forecasted financial projections
or other statements about anticipations, beliefs, expectations , hopes,
intentions or strategies for the future, may be forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.57 per fully diluted
share) for the previous year. The increase in bad
debt expense is principally attributable to the division's Sint Maarten and
Antigua operations . Mr.m.57)
Income (loss) per common share-diluted $ 2.