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PLASMA-THERM, INC. ANNOUNCES VALUATION FOR ITS FORMER SUBSIDIARY, RF POWER PRODUCTS

 PLASMA-THERM, INC. ANNOUNCES VALUATION FOR
 ITS FORMER SUBSIDIARY, RF POWER PRODUCTS
 ST. PETERSBURG, Fla., Sept. 18 /PRNewswire/ -- In accordance with the requirements of the recent spin-off of the company's former subsidiary, RF Power Products, Inc. ("RF"), the board of directors of Plasma-Therm, Inc. (NASDAQ: PTIS) has placed a value on the common stock of RF of $.08 per share.
 As a result, 10.8 percent of the cost basis in the stock of Plasma- Therm should be allocated to the stock in RF.
 The distribution of the RF stock is tax-free for federal income tax purposes. This information is provided solely for the purpose of allocating the cost basis between the companies.
 The $.08 per share valuation is not necessarily indicative of the price the stock would trade at on the public market. Rather, the price represents a good faith estimate by the PTI board, using certain historical criteria. The valuation is meant only as a means for establishing a relative value for RF for purposes of the aforementioned cost allocation.
 /delval/
 -0- 9/18/92
 /CONTACT: Ronald Deferrari of Plasma-Therm, 813-577-4999/
 (PTIS) CO: RF Power Products, Inc.; Plasma-Therm, Inc. ST: Florida IN: SU:


CC-LJ -- PH025 -- 1212 09/18/92 14:49 EDT
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Publication:PR Newswire
Date:Sep 18, 1992
Words:203
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