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MICRO BIO-MEDICS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE HARRISBURG HEALTHCARE, A SUBSIDIARY OF MEDIQ

 PELHAM MANOR, N.Y., March 15 /PRNewswire/ -- Micro Bio-Medics, Inc. (NASDAQ: MBMI), a leading supplier of physician, hospital and sports medicine supplies, has signed a definitive agreement to acquire Harrisburg Healthcare, Inc., a wholly owned subsidiary of Mediq, Incorporated (AMEX: MED) for a combination of cash and common shares, Bruce J. Haber, president of Micro Bio-Medics, announced today.
 Harrisburg Healthcare, Inc., based in Harrisburg, Pa., with annualized sales of approximately $3 million, is a distributor of physician and nursing home supplies servicing the Eastern Pennsylvania, Philadelphia and Baltimore metropolitan markets.
 "This acquisition marks the beginning of an expansion plan which broadens our geographic coverage into areas outside the New York Tri- State Metropolitan Area, where we are currently the largest supplier of physician and hospital supplies, and establishes our goal of becoming a major force in the mid-Atlantic and northeast markets," said Mr. Haber.
 "The acquisition is scheduled to close in about two weeks," he added.
 Micro Bio-Medics recently announced record sales of $61,629,435 and profits of $1,222,873, or $.41 per share, for its fiscal year ended Nov. 30, 1992, and expects to report record sales and earnings in 1993.
 -0- 3/15/93
 /CONTACT: Bruce J. Haber, president of Micro Bio-Medics, Inc., 914-738-8400, Ext. 704/
 (MBMI MED)


CO: Micro Bio-Medics, Inc.; Mediq, Incorporated; Harrisburg
 Healthcare, Inc. ST: New York, Pennsylvania IN: HEA SU: TNM


TS-LR -- NY017 -- 5923 03/15/93 10:00 EST
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Publication:PR Newswire
Date:Mar 15, 1993
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