Benthos Receives Order for Geophysical Hydrophones.NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--April 30, 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 an order valued at more than $300,000 for its RDA-EX geophysical hydrophones from Syntron, Inc. of Houston, Texas. Syntron is 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 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. is a specially designed version of the Company's popular RDA RDA abbr. recommended daily allowance Recommended Dietary Allowance (RDA) The Recommended Dietary Allowances (RDAs) are quantities of nutrients in the diet that are required to maintain good health in people. and GeoPoint model lines that meets United States export restrictions to certain countries. These restrictions involve potential military applications relating to deep water technology. In making today's announcement, Benthos benthos: see marine biology. President and Chief Executive Officer John L. Coughlin stated, "Our hydrophone business continues to expand with this latest order. Our effort to aggressively pursue the growing geophysical market through this product and our new GeoPoint model is proving to have been a sound investment." 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. -0- 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: Peter Zentz Corporate Communications Manager Benthos, Inc. 508/563-1000 or Frank Dunne Treasurer & Chief Financial Officer Benthos, Inc. 508/563-1000 or Investor Relations Investor relations The process by which the corporation communicates with its investors. : The Foristall Company, Inc. 130 Water Street, Suite 4M New York, New York 10005 T.F. Curtin/L.E. Foristall 212/797-4646 |
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