Benthos Receives Major Order From Coors Brewing Company.NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--September 3, 1997-- Benthos benthos: see marine biology. , Inc.'s (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) ) Container Inspection Division announced today that Coors Brewing Company of Golden, Colorado The City of Golden is a home rule municipality that is the county seat of Jefferson County, Colorado, United States. Golden lies along Clear Creek at the eastern edge of the foothills of the Front Range of the Rocky Mountains. , has placed an order valued at more than $600,000 for the division's TapTone II systems. Under terms of the contract, multiple TapTone II inspection systems, which are designed to test the seal integrity of filled bottles and other containers, will be installed on a number of high speed bottling lines in Coors' facilities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Installation will begin immediately and the project is expected to be completed over the next several months. The order is one of the largest ever received by the division which accounted for roughly half of Benthos' consolidated fiscal 1996 sales of $11.7 million. Coors joins a host of other major brewers now using the TapTone(R) technology, including Miller, Molson, Heineken, and Kronenbourg. In making today's announcement, John L. Coughlin, president and chief executive officer of Benthos said: "The Coors order represents a significant step forward for our unique TapTone(R) systems, for our Container Inspection division, as well as for Benthos, Inc. Not only will it have an important impact on our operating results, but by fortifying the systems' reputation for reliability and service, it should open up substantial new growth opportunities for our patented process." The TapTone II system, which has proven to be highly effective in identifying minute sealing defects in bottles and other containers before they reach consumers, uses acoustic technology to determine inadequate relative vacuum or pressure levels of filled bottles running on high speed production lines, and automatically removes the defective units. Benthos, Inc., the parent company, is also a leading supplier of oceanographic products which likewise incorporate acoustic technology for undersea applications. The company is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified. The common stock of the Company, which can now be purchased on margin, is traded on the NASDAQ SmallCap market under the symbol BTHS. For information about its services, Benthos can be found on the Internet at http://www.benthos.com. CONTACT: Benthos, Inc. Peter Zentz Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. Manager 508/563-1000 or Benthos,Inc. TapToner Division Joe Hansberry Vice President Marketing & Sales 508/563-5920 or Investor Relations Investor relations The process by which the corporation communicates with its investors. : The Foristall Company, Inc. T.F. Curtin/L.E. Foristall 212/797-4646 |
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