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BARRINGER ANNOUNCES FIRST QUARTER ACTIVITY; SALES ESTIMATED TO HAVE INCREASED OVER 200 PERCENT

 BARRINGER ANNOUNCES FIRST QUARTER ACTIVITY;
 SALES ESTIMATED TO HAVE INCREASED OVER 200 PERCENT
 SOUTH PLAINFIELD, N.J., April 3 /PRNewswire/ -- Barringer Technologies, Inc. (NASDAQ: BARR), today announced that for the first quarter of 1992 it had delivered 12 Ionscan drug and explosives detectors. Accordingly, the company is expected to report revenues of $1,300,000 for this quarter versus $425,000 for the first quarter of 1991, an increase of approximately 205 percent.
 The majority of the units were delivered to federal and state law enforcement agencies. Included therein was a state prison, which was the first such institution to ever purchase a chemical drug detector. Recent distribution agreements with Mitsubishi Heavy Industries, C. Itoh, and Schlumberger Industries have resulted in the beginning of shipments of product for overseas distribution. In addition, equipment was purchased by a foreign government for use in the war on drugs.
 Stanley Binder, president of Barringer Technologies, commented, "Shipment of 12 Ionscan units this quarter alone, as compared to a total of 15 units in the entire year of 1991, brings our company to a new operating level. The units this year were manufactured on an assembly line basis at substantially lower cost than experienced in 1991. This, together with the record R&D revenue recognized in the first quarter, should result in near break-even financial results for the period. We are also expecting to receive multiple repeat orders from customers who initially purchased Ionscan for evaluation. We are very pleased that favorable evaluations are beginning to yield results."
 Headquartered in South Plainfield, Barringer Technologies, Inc., is a holding company with two operating entities. Barringer Instruments, Inc., develops, manufactures and markets specialty analytical instruments for security, law enforcement, exploration and environmental applications. Barringer Laboratories, Inc. (NASDAQ: BALB), 49 percent owned, provides analytical testing services for the environmental and minerals industries.
 -0- 4/3/92
 /CONTACT: Stanley Binder, president of Barringer Technologies, 908-561-6000; or Leonardo Zangani of L.G. Zangani, Inc., 908-788-9660, for Barringer Technologies/
 (BARR) CO: Barringer Technologies, Inc. ST: New Jersey IN: SU:


GK-OS -- NY044 -- 4861 04/03/92 13:22 EST
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Publication:PR Newswire
Date:Apr 3, 1992
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