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MONITERM ANNOUNCES POSSIBLE CLOSING OF UTAH SUBSIDIARY

 MONITERM ANNOUNCES POSSIBLE CLOSING OF UTAH SUBSIDIARY
 MINNETONKA, Minn., Nov. 20 /PRNewswire/ -- Moniterm Corporation


(NASDAQ: MTRM) announced today that it has informed the employees of its Wasatch High Voltage subsidiary that the company is seeking alternative sources for the products manufactured by Wasatch, which represents approximately 15 percent of the company's cost of goods sold. Moniterm expects to close the Wasatch High Voltage facility by mid to late January 1992.
 Wasatch High Voltage, located in Salt Lake City, Utah, employs approximately 75 employees and manufactures high voltage power supplies for the CRT high resolution display market.
 -0- 11/20/91
 /CONTACT: John D. McClung of Moniterm Corp., 612-935-4151/
 (MTRM) CO: Moniterm Corp. ST: Minnesota IN: SU:


AL -- MN014 -- 5501 11/20/91 14:40 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 20, 1991
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