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GENERAL SIGNAL AGREES TO SALE OF ASSEMBLY TECHNOLOGIES UNIT

 STAMFORD, Conn., May 3 /PRNewswire/ -- General Signal Corporation (NYSE: GSX) announced today that it has signed a letter of intent to sell its Assembly Technologies unit. Terms of the agreement and the identity of the buyer were not disclosed.
 Based in Horsham, Pa., Assembly Technologies manufactures die attach systems and dicing saws for the worldwide semiconductor industry. This announcement follows General Signal's recent decision to divest all of its semiconductor equipment operations, which was announced Jan. 14, 1993. Since that time General Signal has completed the sale of its Ultratech Stepper unit to the unit's management and filed a registration statement for an initial public offering for its Electroglas unit.
 General Signal Corporation, with 1992 sales of $1.6 billion, is a leading manufacturer of equipment and instruments for the process control, electrical, and industrial technology industries.
 -0- 5/3/93
 /CONTACT: Nino J. Fernandez of General Signal, 203-329-4320/
 (GSX)


CO: General Signal Corporation; Assembly Technologies ST: Connecticut, Pennsylvania IN: SU:

GK -- NY087 -- 3937 05/03/93 15:49 EDT
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Publication:PR Newswire
Date:May 3, 1993
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