Barringer announces strategic alliance.NEW PROVIDENCE New Providence, city, United States New Providence, borough (1990 pop. 11,439), Union co., NE N.J.; settled c.1720, set off and inc. 1899. It is largely residential but has some light industry. Roses and fruit are grown there commercially. , N.J.--(BUSINESS WIRE)--Nov. 27, 1995--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 it has entered into an agreement with Bruker-Saxonia Analytik GMBH of Leipzig, Germany to jointly develop advanced Ion Mobility Spectroscopy, (IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. ), instrumentation. Barringer presently manufactures the IONSCAN drug and explosives line of IMS instruments which are sold primarily to law enforcement, security, military and para-military agencies world-wide. Bruker is a manufacturer of high-quality laboratory instruments with a world-wide distribution network. The agreement contemplates that each entity shall contribute its expertise in a joint effort to develop advanced IMS instrumentation to satisfy the commercial requirements of their respective marketplaces. Additionally, both companies are exploring the feasibility of co-marketing certain of each other's products. Mr. Binder, President and Chief Executive Officer of Barringer stated that, "We are pleased that we have formed an alliance with a partner with the reputation, technical knowhow and resources that Bruker possesses. This alliance will serve to complement our own capabilities and market presence as a leader in the field of IMS technology." Headquartered in New Providence, N.J., Barringer Technologies, Inc. is a holding company with three operating groups. Barringer Instruments develops, manufactures and markets specialty analytical instruments for drugs and explosives detection, exploration and environmental monitoring applications. Barringer Consumer Products markets an in-home drug detection and identification kit. Barringer Laboratories, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BALB BALB Bagg Albino (inbred research mouse strain) ), 47% owned, provides analytical services for the environmental and minerals industries. CONTACT: Barringer Technologies, Inc. Stanley Binder or Richard S. Rosenfield, 908/665-8200 |
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