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LUMONICS AND LASERTECHNICS AMEND DISTRIBUTION AGREEMENT

 OTTAWA, Ontario, and ALBUQUERQUE, N.M., Nov. 1 /PRNewswire/ -- Lumonics Inc. (Ottawa) and Lasertechnics (Albuquerque) today announced amendments to distribution and OEM agreements between the two companies.
 Subsequent to Lumonics' recent acquisition of Coherent Hull Ltd., Lumonics and Lasertechnics agreed to changes to Lumonics' distribution and OEM agreements with Lasertechnics, which were in place for certain laser marking products. Effective immediately, Lumonics will have exclusive distribution and support responsibility for the Xymark range of dot matrix laser marking systems in Mexico and, commencing Feb. 14, 1994, in the United States and Caribbean Islands. Lumonics also agreed to continue to supply Autocode II processor-controlled disc units to Lasertechnics on a non-exclusive OEM basis until the end of 1994. Agreements concerning the OEM supply of the Laserbrand products were terminated. Financial details of these amendments were not released.
 -0- 11/1/93
 /CONTACT: Gene Bourque, president and CFO, or Gary Tomlin, treasurer and corporate controller, 505-822-1123/


CO: Lumonics Inc; Lasertechnics Inc. ST: Ontario, New Mexico IN: CPR SU:

JB-LS -- SD004 -- 9372 11/01/93 17:51 EST
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Publication:PR Newswire
Date:Nov 1, 1993
Words:175
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