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FLOW INTERNATIONAL COMPLETES REGISTRATION OF SHARES ISSUED IN SPIDER ACQUISITION

 KENT, Wash., April 1 /PRNewswire/ -- Flow International Corp. (NASDAQ: FLOW) today announced that the registration of 576,115 shares of its common stock issued in connection with the Spider Staging Corp. acquisition has been declared effective by the Securities and Exchange Commission.
 "Approximately 300,000 of these shares were sold to several investors today. We believe that the remaining shares are being held by former Spider shareholders as long-term investments," said Ronald W. Tarrant, president and chief executive officer. "We are encouraged that the market supported the completion of this transaction."
 In connection with the Sept. 30, 1992 acquisition of Spider, Flow agreed to register the shares issued in the transaction.
 Flow International Corp. is the world's leading provider of ultrahigh-pressure waterjets and related products and services for the industrial cutting, cleaning and construction services markets.
 -0- 4/1/93
 /CONTACT: Thomas A. Cross or Steve Reichenbach of Flow International, 206-813-3286/
 (FLOW)


CO: Flow International Corp. ST: Washington IN: CST SU:

SG-TB -- SE010 -- 2115 04/01/93 14:42 EST
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Publication:PR Newswire
Date:Apr 1, 1993
Words:170
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