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Barringer Technologies Inc. Announces Exercise of Over-Allotment Option by Underwriting Syndicate.


MURRAY HILL, NJ--(BUSINESS WIRE)--May 1, 1998--Barringer Technologies Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: BARR BARR Board on Agriculture and Renewable Resources (Washington, DC, USA)
BARR Bureau of Aeronautics Resident Representative
, BARRW) today announced that the underwriters for its recent public offering had exercised their over-allotment option to purchase 300,000 additional shares of common stock. The net proceeds to the Company as a result of the exercise were $3,384,000. The public offering was managed by BancAmerica Robertson Stephens and Pacific Growth Equities, Inc.

Headquartered in Murray Hill, New Jersey
For other places with the same name, see Murray Hill.
Murray Hill is an unincorporated area within portions of both Berkeley Heights and New Providence, located in Union County in north-central New Jersey.
, Barringer Technologies Inc. is principally engaged in the development, manufacture and marketing of high technology products for drugs and explosives detection and other security and industrial applications. The IONSCAN. is the Company's proprietary trace particle detection unit.

CONTACT: Stanley Binder, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  

Richard S. Rosenfeld, CFO See Chief Financial Officer.  

Barringer Technologies Inc.

(908) 665-8200

Investor Relations:

Cheryl Schneider/Tessa Lavender

Press: Michael McMullan

Morgen-Walke Associates, Inc.

(212) 850-5600
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 1, 1998
Words:137
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