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AIRSENSORS RAISES ADDITIONAL $1.1 MILLION FROM OVER-ALLOTMENT OF SECONDARY STOCK OFFERING TO COHIG & ASSOCIATES

 CERRITOS, Calif., March 31 /PRNewswire/ -- AirSensors Inc. (NASDAQ: ARSN ARSNU ARSNW) announced today that its over-allotment of 225,000 units has been sold to its underwriter, Cohig & Associates Inc., raising an additional $1.1 million.
 AirSensors recently completed a $7.5 million secondary offering through Cohig & Associates, a Denver-based investment banking firm. The offering consisted of approximately 1.7 million units (including over- allotment provisions) at $5 per unit. Each unit consists of one share of common stock and one warrant.
 With Cohig & Associates exercising its option for the additional units, the total amount raised was approximately $8.6 million, about $7.2 million of which was net proceeds to AirSensors.
 Cohig noted that AirSensors stands to benefit from the Clean Air Act and a growing number of environmental state laws mandating cleaner air through alternative fuels.
 AirSensors sells its products worldwide through its wholly owned subsidiary, IMPCO Technologies Inc. located in Cerritos. IMPCO manufactures gaseous fuel equipment that allows internal combustion engines to operate on clean fuels such as propane and natural gas. IMPCO provides conversion equipment for motor vehicles, forklifts, other material handling equipment and small portable to large stationery engines.
 -0- 3/31/93
 /CONTACT: Shirley Thompson of Carl Thompson Associates, 303-494-5472/
 (ARSN)


CO: AirSensors Inc. ST: California IN: OIL SU: OFR

BB -- DV007 -- 1538 03/31/93 13:19 EST
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Publication:PR Newswire
Date:Mar 31, 1993
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