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CHAIRMAN GEORGE N. HATSOPOULOS NAMED ADVISOR TO EXPORT-IMPORT BANK OF THE UNITED STATES

 WALTHAM, Mass., Oct. 14 /PRNewsire/ -- George N. Hatsopoulos, chairman and president of Thermo Electron Corporation (NYSE: TMO), has been appointed by the Board of Directors of the Export-Import Bank of the United States to its 15-member Advisory Committee.
 "We are honored to have Dr. Hatsopoulos give his valuable time to help America export more environmental technologies," said Eximbank Chairman Kenneth D. Brody. "Eximbank and the Clinton administration are committed to helping U.S. companies increase their share of the growing world market for environmental goods and services. Dr. Hatsopoulos brings impressive business experience and environmental knowledge to Eximbank and the entire U.S. government effort to increase jobs through exports."
 George Hatsopoulos is a member of the governing council of the National Academy of Engineering and co-chairman of the American Business Conference. Other professional associations include the National Bureau of Economic Research and the Corporation of the Massachusetts Institute of Technology (MIT). He is also a director of Bolt, Beranek & Newman, Inc. as well as a director of several of Thermo Electron's publicly traded subsidiaries. He received his education at the National Technical University of Athens and MIT, where he received his Bachelor's (1949), Master's (1950), Engineer's (1954), and Doctoral (1956) degrees -- all in mechanical engineering. He founded Thermo Electron in 1956.
 Eximbank's Advisory Committee was established by an Act of Congress on Nov. 30, 1983. Members are appointed by Eximbank's Board of Directors and are representative of diverse industry sectors including production, commerce, finance, agriculture, labor, services, and state government, with at least three representatives of the small-business community.
 Eximbank is an independent government agency that helps to finance and promote the sale of U.S. goods and services around the world. The bank assisted in financing $14 billion in U.S. exports in fiscal 1992. Eximbank finances a wide variety of American environmental equipment and technology. Since 1979, the bank has supported more than 47 renewable energy projects around the world, representing $1.6 billion in U.S. goods and services.
 Thermo Electron develops, manufactures, and markets analytical and environmental-monitoring instruments, alternative-energy systems, industrial process equipment, biomedical products, and other products based on advanced technologies. The company also provides environmental and metallurgical services.
 -0- 10/14/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO)


CO: Thermo Electron Corporation ST: Massachusetts IN: FIN SU: PER

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Publication:PR Newswire
Date:Oct 14, 1993
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