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ROPER INDUSTRIES INC. ANNOUNCES SIGNING OF ACQUISITION AGREEMENT

 ROPER INDUSTRIES INC. ANNOUNCES SIGNING OF ACQUISITION AGREEMENT
 COMMERCE, Ga., Sept. 10 /PRNewswire/ -- Roper Industries, Inc. (NASDAQ: ROPR) today announced the signing of an agreement to acquire all of the outstanding stock of Compressor Controls Corporation for approximately $30 million in cash and $5 million in Roper common stock.
 Compressor Controls, founded by Dr. Naum Staroselsky and headquartered in Des Moines, Iowa, is the world's leader in the design and manufacture of specialty control systems used to control turbo- compressors and other turbo machinery in a variety of industries.
 Derrick Key, president, Roper Industries, indicated Compressor Controls will substantially enhance and strengthen Roper's penetration and position in this large global market. This acquisition is a natural fit with Amot Controls Corporation acquired by the company two years ago. Amot specializes in thermostatic valves and pneumatic and electronic controls for the compressor industry. Both companies have a strong overseas presence.
 Compressor Controls had sales and pre-tax earnings in the 12 months ended June 30, 1988, of $6,387,000 and $1,195,000 respectively as compared with sales of $14,059,000 and pre-tax earnings of $2,360,000 for the calendar year ended Dec. 31, 1991, which represents a compound sales growth of 25 percent and compound earnings growth of 21 percent. Unaudited results for the six months ended June 30, 1992, show sales of $8,784,000 and pre-tax earnings of $1,491,000.
 The acquisition is expected to close on or about Sept. 30, 1992, and is subject to standard closing conditions.
 Roper designs, manufactures and distributes specialty fluid handling and industrial controls products.
 -0- 9/10/92
 /CONTACT: Zane Metcalf, vice president and CFO of Roper Industries, 706-335-5551/
 (ROPR) CO: Roper Industries Inc.; Compressor Controls Corporation ST: Georgia; Iowa IN: SU: TNM


BR-BN -- AT019 -- 8256 09/10/92 17:46 EDT
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Date:Sep 10, 1992
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