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CECO FILTERS TO ACQUIRE BUSINESS OF AIR PURATOR

 CECO FILTERS TO ACQUIRE BUSINESS OF AIR PURATOR
 TORONTO, Feb. 12 /PRNewswire/ -- Ceco Filters, Inc. (PHLX: CEC.X)


announced today that it has signed a letter of intent with Air Purator Corporation, a private company, for Ceco to purchase all of the assets of Air Purator for an undisclosed cash and note consideration.
 Air Purator Corporation manufacturers and markets Huyglas filter fabrics. Air Purator's headquarters are in Boston, its manufacturing facility is in Taunton, Mass. Huyglas filter fabrics are high- performance patented materials utilized in controlling industrial air pollution by the 'baghouse' method.
 Ceco Filters, Inc. manufactures industrial air filters in its plant in Conshohocken, Pa. The addition of the Air Purator filter operation will substantially broaden the air pollution control product line offered by Ceco and it is anticipated that this acquisition should increase Ceco's revenues by approximately 50 percent. The closing of the Air Purator asset acquisition by Ceco Filters is scheduled on or before Feb. 28, 1992.
 Ceco Filters, Inc. recently announced that it intends to merge with API Enterprises Inc. (NASDAQ: APIE). API Enterprises will be consolidating its shares on a one-new-for-five-old basis and one share of new API will be exchanged for each existing share of Ceco Filters, Inc.
 The Air Purator transaction will have no effect on the terms of the proposed merger which is ongoing.
 -0- 2/12/92
 /CONTACT: Phillip DeZwirek of Ceco Filters, 416-593-6543, or fax, 416-593-4658/
 (CEC) CO: Ceco Filters, Inc.; Air Purator Corporation ST: Ontario, Pennsylvania IN: SU: TNM


CK-OS -- NY070 -- 9284 02/12/92 13:40 EST
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Date:Feb 12, 1992
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