GENERAL SIGNAL COMPLETES TENDER OFFER AND ACQUISITION OF BEST POWER.

STAMFORD, Conn.--(BUSINESS WIRE)--June 14, 1995--General Signal Corporation (GSX:NYSE) announced today that it has completed its cash offer for all outstanding shares of common stock of Best Power Technology, Incorporated (BPTI:NASDAQ). The tender offer expired, as scheduled, at 12:00 midnight, Eastern Daylight Time, on Tuesday, June 13, 1995. General Signal accepted for purchase all shares validly tendered prior to the expiration of the offer, giving the company in excess of 97 percent of Best Power Technology's outstanding common stock.

The tender offer will be followed by a second-step merger today in which each share not acquired in the tender offer will be converted into the right to receive $21.00 in cash, effectively completing the acquisition of Best Power.

Best Power Technology, located in Necedah, Wisconsin, is a leading manufacturer of uninterruptible power supply (UPS) products, which provide back-up power and protect computers, information networks, and other critical systems from power line disturbances.

According to General Signal chairman and chief executive officer Edmund M. Carpenter, the transaction is part of an ongoing effort to augment the competitive position and growth of General Signal's operations. "The acquisition of Best Power broadens our GS Electrical Power Systems Groups' line of power protection and conversion products and its distribution channels. The addition positions the combined operations to compete effectively in the multi-billion dollar worldwide uninterruptible power supply marketplace and as a global power protection, conversion, and transformer competitor." It is General Signal's 25th "bolt-on" acquisition in six years. -0-

General Signal Corporation, with 1994 sales of $1.53 billion, is a leading equipment manufacturer for the process control, electrical, and industrial technology industries.

CONTACT: General Signal

Nino Fernandez

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