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1,400,000 BOLLINGER INDUSTRIES, INC. INITIAL COMMON SHARES OFFERED AT $12.50 PER SHARE

 IRVING, Texas, Nov. 17 /PRNewswire/ -- William Blair & Company and Rauscher Pierce Refsnes Inc., co-managers of the underwriting group, announced today the initial public offering of 1,400,000 shares of Bollinger Industries, Inc. common stock at $12.50 per share. Of these shares, 1,200,000 are being offered by the company and 200,000 by the selling stockholders. The company and selling stockholders have granted the underwriters a 30-day option to purchase up to 210,000 additional shares to cover over-allotments, if any.
 Net proceeds to the company will be used to repay debt and for working capital and other general corporate purposes.
 The common stock of Bollinger Industries, Inc. will trade on the NASDAQ National Market System under the symbol BOLL.
 Headquartered in Irving, Bollinger Industries, Inc. is a leading domestic supplier of consumer fitness accessories and certain sports medicine and safety products.
 This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 11/17/93 R
 /CONTACT: Curtis Logan, senior vice president-Finance and CFO of Bollinger Industries, 214-445-0386; or Scott Patterson of William Blair & Company, 312-236-1600/
 (BOLL)


CO: Bollinger Industries, Inc. ST: Texas IN: SU: OFR

OP -- DE007R -- 5508 11/17/93 12:45 EST
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Publication:PR Newswire
Date:Nov 17, 1993
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