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JAMAR INDUSTRIES, INC. ANNOUNCES PRICING OF $10 MILLION SECONDARY OFFERING

 SAN DIEGO, Feb. 12 /PRNewswire/ -- Jamar Industries, Inc. (NASDAQ: JMAR) announced today that it has agreed to raise $10 million in a secondary equity offering. The company will sell 2,352,942 units; each unit, priced at $4.25, consists of one share of common stock and one redeemable common stock purchase warrant. The company announced that it will begin selling the units upon being declared effective by the Securities and Exchange Commission.
 The company and its subsidiaries are engaged in the development, manufacture and sale of cost-effective, high reliability, advanced laser and optical systems and accessories for a wide range of medical, industrial and military applications.
 -0- 2/12/93
 /CONTACT: Dr. John S. Martinez, 619-535-1706, or Leonardo G. Zangani, 908-788-9660, both for Jamar Industries/
 (JMAR)


CO: Jamar Industries, Inc. ST: California IN: SU: OFR

TS-SH -- NY010 -- 6061 02/12/93 09:32 EST
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Publication:PR Newswire
Date:Feb 12, 1993
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