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THERMOLASE SIGNS LETTER OF INTENT TO ACQUIRE CBI LABORATORIES, INC.

 SAN DIEGO, Oct. 18 /PRNewswire/ -- ThermoTrex Corporation (AMEX: TKN) announced today that its ThermoLase Inc. subsidiary has entered into a letter of intent to acquire Carrollton, Texas-based CBI Laboratories, Inc. CBI is a leading manufacturer of high-quality skin-care products sold through upscale salons, spas, and leading department stores. In addition, CBI markets a designer line of proprietary products under the trade name "Body Language."
 ThermoLase Inc. was created to manage the development of the ThermoLase system, which is designed to provide painless, long-term removal of unwanted hair. ThermoLase, which is 81 percent owned by ThermoTrex, would acquire the privately held company for $9.5 million in cash. The acquisition is subject to several conditions, including completion by ThermoLase of its due diligence investigation, the scope and results of which must be acceptable to ThermoLase; negotiation of a definitive agreement; and approval by the board of directors of ThermoLase.
 "CBI has the ability to manufacture the proprietary skin preparation that is integral to the ThermoLase process and also has extensive knowledge of the personal-care market," said Firooz Rufeh, president of ThermoTrex. "CBI has a strong presence in this market, and CBI's president, Paul Cain, and his management team can provide valuable assistance in the commercialization of the ThermoLase system."
 ThermoTrex Corporation develops advanced technology in electro-optic and electro-acoustic systems, signal processing, materials technology, lasers, and thermionic and thermoelectric direct-energy conversion. The company also manufactures and markets imaging systems for early detection of breast cancer. In addition, ThermoTrex is developing other commercial products for the medical imaging and avionics industries. ThermoTrex Corporation is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 -0- 10/18/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TKN TMO)


CO: ThermoTrex Corp.; ThermoLase Inc.; CBI Laboratories, Inc.; Thermo
 Electron Corp. ST: California IN: MTC SU: TNM


DJ -- NE015 -- 3314 10/18/93 10:57 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
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