Benthos Receives $1.4 Million Order.NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--Aug. 20, 1998--BENTHOS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (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 :BTHS BTHS Brooklyn Technical High School BTHS Barth Syndrome BTHS Bartram Trail High School (Jacksonville, Florida) BTHS Brick Township High School (New Jersey) ) announced today that it has received a $1.4 million order for its RDA-EX geophysical hydrophones from Syntron, Inc. of Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , a subsidiary of GeoScience ge·o·sci·ence n. Any one of the sciences, such as geology or geochemistry, that deals with the earth. ge Corporation (NASDAQ:GSCI GSCI Goldman Sachs Commodity Index GSCI Georgia School Council Institute GSCI General Starlight Co., Inc. GSCi German Scientific Computing Initiative GSCI Gulf States Counterdrug Initiative ). Syntron is a leading supplier of geophysical data acquisition equipment and provides systems for offshore oil and gas exploration to users in countries throughout the world. Benthos' RDA-EX hydrophone hydrophone (hī`drəfōn'), device that receives underwater sound waves and converts them to electrical energy; the voltage generated can then be read on a meter or played through a loudspeaker. meets United States Department of Commerce The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. It was originally created as the United States Department of Commerce and Labor on February 14, 1903. export restrictions and allows Syntron to produce geophysical survey equipment for sale to Russia and China, opening up these lucrative oil and gas exploration markets. Today's announcement is the fourth major order received from Syntron in the last four months. The combined total of these orders is approximately $4.4 million. Benthos benthos: see marine biology. President and Chief Executive Officer John L. Coughlin stated, "Our growing backlog of hydrophone orders, including this latest order from Syntron, demonstrates the success of our strategy in the oil and gas exploration market. We believe these continuing orders reflect confidence in the superior quality and value of our geophysical hydrophone products. As worldwide oil and gas exploratory activities continue to increase, we are committed to our goal of becoming the leading supplier of geophysical hydrophones to this growing market area." Benthos, Inc., through its Undersea Systems Division, designs, manufactures, sells and services oceanographic and robotic equipment for undersea exploration and research; and through its TapTone(R) Container Inspection Division markets systems for testing consumer packages made of glass, metal or plastic. The common stock of the Company is traded on the Nasdaq SmallCap market under the symbol BTHS. For more information, Benthos can be found on the internet at http://www.benthos.com. The statements in this news release and in oral statements which may be made by representatives of the Company relating to plans, strategies, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Federal Securities Laws. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors which include: the timing of large project orders, competitive factors, shifts in customer demand, government spending, economic cycles, availability of financing as well as the factors described in this news release. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described herein as anticipated, believed, estimated, expected or intended.
CONTACT: Corporate Communications Manager
Peter Zentz, 508/563-1000
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