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RECOVERY ENGINEERING, INC. SAYS UNDERWRITERS HAVE EXERCISED OVER-ALLOTMENT OPTION

 MINNEAPOLIS, March 11 /PRNewswire/ -- Recovery Engineering, Inc. (NASDAQ: REIN) announced today that its underwriters have exercised their entire over-allotment option in connection with its recent initial public offering. As a result, the company has sold an additional 86,250 shares at $7 per share.
 The company originally sold 575,000 shares at $7 per share through underwriters Miller, Johnson & Kuehn, Inc., on March 4, 1993. Closing on the entire transaction occurred on March 11, 1993.
 Recovery Engineering, based in Minneapolis, designs, develops, manufactures and markets proprietary small-scale water purification and desalination systems for marine and recreational applications.
 -0- 3/11/93
 /CONTACT: Jack Falker of Swenson Falker Eilertsen, 612-371-0000, for Recovery Engineering; or Jeff Mathiesen of Recovering Engineering, 612-541-1313/
 (REIN)


CO: Recovery Engineering, Inc. ST: Minnesota IN: SU:

AL -- MN013 -- 5262 03/11/93 16:46 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:137
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