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MARLTON TECHNOLOGIES ACQUIRES NEW PRODUCT LINE AND WEST COAST OPERATION

MARLTON TECHNOLOGIES ACQUIRES NEW PRODUCT LINE AND WEST COAST OPERATION
 PHILADELPHIA, July 22 /PRNewswire/ -- Marlton Technologies, Inc. (AMEX: MTY) announced today that its subsidiary, Sparks Exhibits, Ltd. has signed an agreement to acquire a state-of-the-art panelized portable exhibit line known as "Expose," and to acquire substantially all of the assets of the custom and portable trade exhibit business of Image Concepts, Inc. (ICI) of El Cajon, Calif.
 Sparks will also employ key ICI employees and assume ICI's 33,000- square-foot leased facility located approximately 10 miles east of San Diego. Closing under the agreement is scheduled for July 31, 1992.
 Robert B. Ginsburg, Marlton's chief executive officer, indicated that this acquisition creates a significant strategic presence by the Sparks Exhibits companies on the West Coast. In addition, Expose, which features a custom appearance, contemporary design and superior quality, gives Sparks an immediate competitive position in the $250 million portable exhibit market. Additionally, the manufacture and distribution of Expose will lead to more diversified revenue and profit opportunities within the trade show industry.
 As reported by ICI, gross sales for the year ended Dec. 31, 1991, approximated $2 million, and for the six-month period ended June 30, 1992, approximated $1 million. Less than 20 percent of this volume was attributable to Expose, a newly publicized and marketed product. Significant progress has recently been made toward creating Expose product literature, a marketing program and a national distribution system.
 /delval/
 -0- 7/22/92
 /CONTACT: Alan I. Goldberg, director of acquisitions of Marlton Technologies, 215-664-6900/
 (MTY) CO: Marlton Technologies, Inc.; Sparks Exhibits, Ltd.; Image Concepts,
 Inc. ST: Pennsylvania, California IN: SU: TNM


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Publication:PR Newswire
Date:Jul 22, 1992
Words:278
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