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HARMONY BROOK ANNOUNCES FILING OF INITIAL PUBLIC STOCK OFFERING

 MINNEAPOLIS, March 22 /PRNewswire/ -- Harmony Brook, Inc. announced today it has filed with the Securities and Exchange Commission a registration statement for an initial public offering of 1,666,666 shares of common stock. The lead underwriter will be John G. Kinnard and Company, Incorporated. Net proceeds from the offering will be used to retire 1993 Bridge Notes which were used to fund continued business expansion, to finance additional Harmony Brook(R) Premium Drinking Water Systems for new customer locations, to support marketing and field service activities and to provide the corporation with working capital.
 Harmony Brook, Inc. is a supplier of high quality drinking water, purified at the point of sale or use. The company develops, manufactures, markets, distributes and operates equipment that processes ordinary tap water into this high quality drinking water. The company's principal product line is the Harmony Brook(R) Premium Drinking Water system, a self-serve dispensing system for use in supermarkets and other retail locations.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 A copy of the preliminary prospectus relating to these securities may be obtained from John G. Kinnard and Company, Incorporated, 1700 Northstar West, Minneapolis, Minn., 55402; 612-370-2838.
 -0- 3/22/93
 /CONTACT: Michael R. Knox of Harmony Brook, 612-882-0500/


CO: Harmony Brook, Inc. ST: Minnesota IN: SU: OFR

AL -- MN010 -- 8306 03/22/93 14:47 EST
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Publication:PR Newswire
Date:Mar 22, 1993
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