Barringer Technologies stockholders approve increase in authorized common stock.MURRAY HILL, NJ--(BUSINESS WIRE)--May 13, 1997--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 NMS See NetWare Management System. : BARR, BARRW) announced that its stockholders had approved an amendment to the company's certificate of incorporation certificate of incorporation n. some states issue a certificate to prove a corporation's existence upon the filing of Articles of Incorporation. In most states the Articles are sufficient proof. increasing the number of authorized shares of common stock from 7,000,000 to 20,000,000. At today's annual meeting of stockholders, the stockholders, among other things, also re-elected the company's existing board of directors and adopted a stock compensation program covering 600,000 shares of common stock. Headquartered in Murray Hill, 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. CONTACT: Barringer Technologies Inc. Investors & Analysts: 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. 908/665-8200 or Media: The Abernathy Macgregor Group Steve Bruce, 212/371-5999 |
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