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INDUSTRIAL SCIENTIFIC CORPORATION ANNOUNCES COMPLETION OF INITIAL PUBLIC OFFERING

 PITTSBURGH, June 30 /PRNewswire/ -- Industrial Scientific Corporation (NASDAQ-NMS: ISCX) today announced the completion of its initial public offering of 750,000 shares of common stock at a price of $16 per share.
 Of the 750,000 shares of common stock offered to the public, 375,000 shares were offered by a selling shareholder. The balance of the shares were sold by the company. Parker/Hunter Incorporated served as manager of the underwriting.
 The net proceeds from the offering will be added to the company's working capital and used for general corporate purposes, including possible investments or acquisitions that will complement the company's products and/or markets.
 Industrial Scientific Corporation designs, manufactures and markets portable instruments for detecting, measuring and monitoring a wide variety of gases including toxic and combustible gases and oxygen to protect and preserve human life.
 -0- 6/30/93
 /CONTACT: Kent D. McElhattan, president and chief executive officer of Industrial Scientific, 412-788-4353/
 (ISCX)


CO: Industrial Scientific Corporation ST: Pennsylvania IN: SU: OFR

CD-KC -- PG020 -- 7252 06/30/93 14:45 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
Words:174
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