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ROBBINS & MYERS, INC. AND ENERGY VENTURES, INC. ESTABLISH STRATEGIC ALLIANCE IN THE OIL AND GAS INDUSTRY

 DAYTON, Ohio, March 4 /PRNewswire/ -- In a joint statement released today, Robbins & Myers, Inc. (NASDAQ: ROBN), Dayton, Ohio and Energy Ventures, Inc., Houston, and its subsidiary, Highland, announced the signing of a long-term strategic alliance between the companies. This partnership has been established to further develop and market a complete line of downhole progressing cavity pumps in the oil and gas industry worldwide.
 Both companies have long recognized the market growth potential that progressing cavity technology offers, and welcome the opportunity to jointly dedicate their extensive resources. Robbins & Myers pioneered the application of progressing cavity technology in artificial lift applications and is today the acknowledged premier manufacturer of high- quality downhole progressing cavity pumps. Highland provides a strong direct marketing presence throughout North America and in certain foreign markets with its service-oriented network of oilfield supply facilities, as well as experience in applying downhole progressing cavity pumps.
 Energy Ventures, Inc. is an international oilfield service and equipment company with manufacturing and rig operations in eight countries. The company manufactures artificial lift systems, drill pipe and premium tubulars and provides drilling/workover rig contracting services.
 Robbins & Myers, Inc. is an international manufacturer and marketer of high value, superior quality fluids management products and systems for the process industries including: wastewater, chemical, food, pharmaceutical, pulp and paper, mining and energy recovery. Headquartered in Dayton, Ohio, Robbins & Myers has facilities in the United States, Canada, Europe and Singapore.
 The company's shares are traded on the NASDAQ/NMS under the symbol ROBN.
 -0- 3/4/93
 /CONTACT: Hugh E. Becker of Robbins & Myers, Inc., 513-225-3335/
 (ROBN)


CO: Robbins & Myers, Inc.; Energy Ventures, Inc. ST: Ohio, Texas IN: SU: JVN

KK -- CL007 -- 2851 03/04/93 09:40 EST
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Publication:PR Newswire
Date:Mar 4, 1993
Words:284
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