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IRT ANNOUNCES CREDIT LINE RENEWAL

 IRT ANNOUNCES CREDIT LINE RENEWAL
 SAN DIEGO, April 8 /PRNewswire/ -- IRT Corp. (AMEX: IX) announced


today that its $4.75 million revolving line-of-credit with Sanwa Bank California has been renewed through June 30, 1992. This temporary extension was issued to permit the corporation to complete its discussions with Sanwa regarding the annual renewal of the corporation's credit facilities.
 Headquartered in San Diego, IRT Corp. is a major supplier of industrial real-time X-ray systems, with more than 500 systems installed and is the technology leader in automated X-ray inspection systems with computerized defect recognition capability. The company develops and manufactures inspection and process monitoring systems, including integrated systems for aerospace, automotive, electronics and ordinance applications. IRT also operates a commercial radiation processing facility that provides high-energy electron-beam processing for many commercial applications. The company's newest line of business is the SECURE(TM) 1000, a security scanning system used to detect concealed metallic and nonmetallic objects on individuals.
 -0- 4/8/92
 /CONTACT: Robert J. Irving Jr. of IRT, 619-450-4343, ext. 401/
 (IX) CO: IRT Corp. ST: California IN: CPR SU:


EH-CH -- SD006 -- 6310 04/08/92 13:40 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 8, 1992
Words:188
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