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LASERTECHNICS PLANS TO ACQUIRE EQUITY POSITION IN PRINTIS SARL

 LASERTECHNICS PLANS TO ACQUIRE EQUITY POSITION IN PRINTIS SARL
 ALBUQUERQUE, N.M., Jan. 29 /PRNewswire/ -- Lasertechnics, Inc. (NASDAQ: LASX), today announced that it has arranged financing with its three largest shareholders -- Wolfensohn Associates L.P., David Blech and Isaac Blech, all of New York, to enable Lasertechnics to purchase an equity position in Printis SARL of France. Wolfensohn and the Blechs own approximately 30 percent of the company's common stock.
 The financing will be used to solidify the company's relationship with Printis SARL in France. The company plans to take an equity position in Printis and fund the completion of StarBurst, a high resolution, dual mode, color image processing printer. StarBurst is the only printer capable of producing continuous tone images using Dye Diffusion Thermal Transfer (D2T2) mode or dithered images utilizing the Thermal Wax Transfer (TWT) mode. StarBurst has multiple applications across a wide range of image processing markets including computer assisted design (CAD/CAM), desktop publishing, mapping, meteorology and medical imaging.
 Louis F. Bieck Jr., president and CEO of Lasertechnics, commented, "This investment confirms our belief that the digital imaging marketplace offers exciting opportunities for the company's imaging products. Our equity position in Printis SARL will facilitate the completion of the StarBurst product and its planned introduction in the second half of 1992. The advent of StarBurst will spearhead the strategic positioning of our imaging business into a multitude of high revenue market applications."
 Bieck went on to say, "The competitive uniqueness of the StarBurst product and the significant market opportunities it presents will provide the momentum to establish our imaging business unit as a separate subsidiary." The company's imaging business unit also manufactures the DIR, a laser based printer that delivers high resolution, continuous tone black-and-white digital images in near real time.
 Terms of the financing and details of the arrangements with Printis SARL were not disclosed.
 -0- 1/29/92
 /CONTACT: Louis F. Bieck Jr., president and CEO of Lasertechnics, 505-822-1123/
 (LASX) CO: Lasertechnics, Inc.; Printis SARL ST: New Mexico IN: SU: TNM


GK-TM -- NY025 -- 4649 01/29/92 10:48 EST
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Publication:PR Newswire
Date:Jan 29, 1992
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