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
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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