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HARMON REPORTS UNDERWRITERS' PURCHASE OF ADDITIONAL 150,000 SHARES OF COMMON STOCK

 BLUE SPRINGS, Mo., May 12 /PRNewswire/ -- Harmon Industries Inc. (NASDAQ: HRMN), a leading supplier of signal and train control products to railroads throughout North America and the world, announced that it has sold to the underwriting group led by Piper Jaffray Inc. and George K. Baum & Co. an additional 150,000 shares of its Common Stock pursuant to the over-allotment option granted to such underwriters. The proceeds of this sale will provide Harmon approximately $1.9 million and will increase the proceeds to the company from its recent public offering to approximately $10.8 million.
 Harmon Industries trades on the NASDAQ Stock Market under the symbol "HRMN." For further information, contact Charles M. Foudree, executive vice president - finance and chief financial officer, Harmon Industries Inc., 1300 Jefferson Court, Blue Springs, MO 64015. The telephone number is 816-229-3345.
 -0- 5/12/93
 /CONTACT: Charles M. Foudree of Harmon Industries, 816-229-3345/
 (HRMN)


CO: Harmon Industries Inc. ST: Missouri IN: SU:

MC -- DV004 -- 7614 05/12/93 13:08 EDT
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Publication:PR Newswire
Date:May 12, 1993
Words:167
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