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WILSHIRE TECHNOLOGIES ANNOUNCES INITIAL PUBLIC OFFERING

 LA JOLLA, Calif., Nov. 25 ~PRNewswire~ -- Wilshire Technologies, Inc. (NASDAQ: WITE) announced today the initial public offering of 1,200,000 shares of its common stock at $6.25 per share.
 The underwriting was led by Cruttenden & Co., Inc., an investment banking firm in Irvine, Calif.
 "We are pleased that the offering has been completed and we are now able to focus on our business plan for the company," stated Michael W. Crow, chairman and CEO. Wilshire Technologies, Inc. develops and manufactures disposable medical and clean room products through its two divisions, Wilshire Medical Products and Wilshire Contamination Control.
 The company is traded on NASDAQ under the symbol "WITE." Contact David Walters at Cruttenden & Co. at 714-757-5752 for more information about the offering.
 -0- 11~25~92
 ~CONTACT: Michael W. Crow, chairman and CEO, or Peter Kuebler, CFO, of Wilshire Technologies, 619-456-9400~
 (WITE)


CO: Wilshire Technologies, Inc. ST: California IN: SU: OFR

BN-EA -- AT002 -- 1416 11~25~92 09:48 EST
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Publication:PR Newswire
Date:Nov 25, 1992
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