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                                                                      Exhibit 21

                                  NEWS RELEASE

INNOVEX, INC.                                CONTACT:
530 - 11th Avenue South                      Douglas W. Keller, V.P. of Finance
Hopkins, MN 55343
Telephone: 612-938-4155
Facsimile: 612-938-7718
Internet: ERROR! BOOKMARK NOT DEFINED.


           INNOVEX, INC. COMPLETES TENDER OFFER FOR ADFLEX SOLUTIONS

     August 4, 1999 -- Hopkins, MN -- Innovex, Inc. (Nasdaq: INVX) announced
today that it has successfully completed its tender offer to purchase shares of
common stock of ADFlex Solutions, Inc. ("ADFlex") for $3.80 per share. The
combined company is now the largest flexible circuit manufacturer in North
America.

     As of the expiration of the offer, 6,865,119 shares of ADFlex stock
(approximately 76% of the outstanding shares) had been validly tendered and not
withdrawn in the offer (including those shares tendered pursuant to guaranteed
delivery procedures), all of which have been accepted by Innovex.

     Following the consummation of the tender offer, ADFlex will merge into a
subsidiary of, and be wholly owned by, Innovex. Innovex expects to complete the
merger within the next few weeks.

     Innovex is a diversified manufacturer of electrical components, primarily
flexible circuits, for the computer, medical and telecommunication markets.
Innovex is known worldwide for its excellence in advanced engineering and low
cost manufacturing.
