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LINC ACQUIRES ASSETS OF AT&T CAPITAL UNIT

 LINC ACQUIRES ASSETS OF AT&T CAPITAL UNIT
 CHICAGO, March 10 /PRNewswire/ -- LINC Quantum Analytics, Inc., a


subsidiary of LINC Scientific Leasing, has acquired the analytical instrument inventory and customer base of the California-based IR Analytical Instruments division of IR Instrument Services, Inc., a part of AT&T Capital Corp., according to Martin E. Zimmerman, president and chief executive officer of The LINC Group, Inc.
 As a result of this acquisition, LINC Quantum Analytics becomes one of the nation's largest rentors and lessors of analytical instrumentation used for the chemical analysis of matter. Primary customers include environmental contract laboratories and petrochemical, food and pharmaceutical companies.
 The assets acquired from IR Analytical Instruments will be managed from LINC Quantum Analytics' office in Foster City, Calif.
 "This acquisition further strengthens LINC's position as a major player in the rental and leasing of analytical instruments," said Terrence J. Quinn, president and chief executive officer of LINC Scientific Leasing. "In addition, the purchase will enable LINC Quantum Analytics to achieve greater economies of scale and thereby provide better service to our customers."
 "This acquisition is a strategic fit for us since IR Analytical Instruments has similar products and customers to ours," said R.E. Laing, president of LINC Quantum Analytics. "Analytical equipment rentals is a rapidly growing business and this purchase will enable LINC Quantum Analytics to greatly expand its service to customers."
 During the past three years, The LINC Group, parent of both LINC Scientific Leasing and LINC Quantum Analytics, has grown through its strategic acquisitions. In 1988, The LINC Group bought Scientific Leasing, Inc. and followed that move three years later with the purchase of the instrument business of Quantum Analytics and the imaging-services business of Medical Systems Support, Inc.
 Based in Chicago, The LINC Group of financial services companies is the largest independent lessor in the U.S. specializing in health care, with an equipment portfolio under management of approximately $1.0 billion.
 -0- 3/10/92
 /CONTACT: R. E. Laing, from March 9 to 11, 504-581-1000; after March 13, 415-570-5656, or Susan Pruyn 312-988-2338, both for LINC Quantum Analytics/ CO: LINC Group, Inc.; IR Instrument Services, Inc. ST: Illinois, California IN: SU: TNM


TS -- NY011 -- 6703 03/10/92 08:01 EST
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Publication:PR Newswire
Date:Mar 10, 1992
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