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ROPER INDUSTRIES, INC. ANNOUNCES SIGNING OF ACQUISITION AGREEMENT

 BOGART, Ga., Sept. 22 /PRNewswire/ -- Roper Industries, Inc. (NASDAQ: ROPR) today announced the signing of an agreement to acquire all of the outstanding stock of Integrated Designs, Inc. for approximately $9 million in cash and $3 million in Roper common stock.
 Integrated Designs, Inc., headquartered in Dallas, designs and manufactures a unique product utilized for dispensing critical chemistries for the photolithography process used in semi-conductor manufacturing.
 Derrick Key, CEO of Roper Industries, Inc., stated that the product, designed and manufactured by Integrated Designs, is unique to the market because it has no mechanical displacement. The new design, which is controlled by digital electronics and proprietary software, eliminates all but one moving part, therefore increasing reliability and precision which is critical to the industry. Roper's capabilities should enhance the marketing efforts of Integrated Designs, Inc. both domestically and internationally.
 Integrated Designs, Inc. had sales and pre-tax earnings in the 12 months ended June 30 of $6 million and $2.5 million respectively after adjusting for non-recurring items. Sales have been increasing at a compound annual growth rate of 94 percent for the past four years.
 The acquisition is expected to close on or about Sept. 30 and is subject to standard closing conditions.
 Roper designs, manufactures and distributes specialty fluid handling and industrial controls products.
 -0- 9/22/93
 /CONTACT: Zane Metcalf, treasurer of Roper Industries, 706-369-7170/
 (ROPR)


CO: Roper Industries, Inc.; Integrated Designs, Inc. ST: Georgia, Texas IN: SU: TNM

BN-CF -- AT005 -- 4894 09/22/93 17:13 EDT
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Publication:PR Newswire
Date:Sep 22, 1993
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