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GILBERT ASSOCIATES, INC. ACQUIRES INSTRUMENT ASSOCIATES, INC.

 READING, Pa., Jan. 3 /PRNewswire/ -- Gilbert Associates, Inc. (NASDAQ: GILBA) announced today that it completed the previously announced acquisition of the assets and business of Instrument Associates, Inc., a privately held company, in Memphis, Tenn.
 The transaction closed on Dec. 30.
 The 100-person company will be operated as a division of Gilbert's GAI-Tronics Corporation and will continue to maintain its principal location in Memphis. Terms were not disclosed.
 GAI-Tronics is a leading producer of communications equipment and systems for demanding environments, including petrochemical facilities, power plants and mass transit systems.
 Gilbert subsidiary companies serve utility, government, manufacturing and process clients throughout the world. In addition to GAI-Tronics, Gilbert subsidiaries include Gilbert/Commonwealth, Inc., Reading; United Energy Services Corp., Atlanta; Resource Consultants, Inc. Vienna, Va., and SRA Technologies, Inc., Alexandria, Va.
 /delval/
 -0- 1/3/94
 /CONTACT: Gary Kunkelman of Gilbert Associates, 215-775-5900/
 (GILB)


CO: Gilbert Associates, Inc.; Instrument Associates, Inc.;
 GAI-Tronics Corporation ST: Pennsylvania, Tennessee IN: CPR SU: TNM


MK-MP -- PH003 -- 8433 01/03/94 10:08 EST
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Publication:PR Newswire
Date:Jan 3, 1994
Words:168
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