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HEALTH O METER PRODUCTS ANNOUNCES INITIAL PUBLIC OFFERING

       HEALTH O METER PRODUCTS ANNOUNCES INITIAL PUBLIC OFFERING
    BRIDGEVIEW, Ill., March 17 /PRNewswire/ -- Health o meter Products, Inc. announced the initial public offering of 2.5 million shares of common stock at $14 per share.  Of the total number of shares, 2.25 million are being sold by the company and 250,000 shares are being sold by selling stockholders.  Certain stockholders have granted the underwriters an option to purchase up to an additional 375,000 shares to cover over-allotments, if any.  The common stock will trade on the NASDAQ National Market System under the symbol "SCAL".
    The First Boston Corporation and William Blair & Company are the co- managers of an underwriting syndicate offering the stock to the public.
    Net proceeds to the company from the sale of stock will be used to reduce outstanding debt, and for general corporate purposes and working capital.  The company will not receive any of the proceeds from the sale of shares by the selling stockholders or by certain stockholders granting the over-allotment option to the underwriters.
    Health o meter Products, Inc., through its subsidiary Health o meter, Inc., designs, manufactures and markets a comprehensive line of consumer, medical and office scales under the Health o meter(R) brand name.  Health o meter, Inc., founded in 1919, is one of the oldest and largest domestic manufacturers of scales for home and medical use.
    -0-                  3/17/92
    /CONTACT:  Joseph D. Fashano, vice president of First Boston, 212-909-2107/
    (SCAL) CO:  Health o meter Products Inc. ST:  Illinois IN:  HEA SU:  OFR SM -- NY048 -- 8774 03/17/92 11:50 EST
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Publication:PR Newswire
Date:Mar 17, 1992
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