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DIGITAL BIOMETRICS ANNOUNCES CLOSING OF STOCK OFFERING

 MINNETONKA, Minn., April 29 /PRNewswire/ -- Digital Biometrics, Inc. (NASDAQ: DBII), a Minnetonka-based manufacturer of "live-scan" electronic fingerprint systems, today announced the exercise of the underwriters overallotment and closing of a public offering of 2,306,210 shares of common stock.
 Proceeds from the offering totalled $23,950,000, before offering expenses. Of this amount $9,762,500, representing an 11.25 percent discount from the offering price, was used to acquire and retire 1,000,000 shares of common stock held by the company's principal stockholder reducing that ownership interest from 39 percent to 18.9 percent of common shares outstanding. The remaining proceeds will be used for business expansion, working capital and other general corporate purposes.
 The offering was co-managed by Dain Bosworth Incorporated and John G. Kinnard and Company, Incorporated, both of Minneapolis.
 -0- 4/29/93
 /CONTACT: Donald E. Berg, vice president-finance of Digital Biometrics, 612-932-0888/
 (DBII)


CO: Digital Biometrics, Inc. ST: Minnesota IN: CPR SU: OFR

AL -- MN002 -- 2461 04/29/93 08:59 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:169
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