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STIMSONITE CORPORATION FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING

 NILES, Ill., Oct. 21 /PRNewswire/ -- Stimsonite Corporation (proposed NASDAQ: STIM) announced today that it filed a registration statement with the Securities and Exchange Commission for an initial public offering of 3,000,000 shares of common stock with an estimated price range of $10.00 to $12.00 per share. Of the 3,000,000 shares offered 2,500,000 shares are being issued and sold by the company and 500,000 shares are being sold by certain stockholders. The offering will be managed by Robertson, Stephens & Company, L.P.
 Stimsonite manufactures and markets a wide range of reflective highway safety products including: highway delineation devices, such as raised reflective pavement markers, construction work zone markers, and road side delineators; highway signing materials, such as high performance reflective sheeting and Protected Legend pre-printed sign faces; and precision embossed optical film, which is used in airport runway signs, reflective truck markings and a variety of other products. The company has international operating subsidiaries in the United Kingdom, Germany and Australia.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
 Copies of the preliminary prospectus relating to the offering may be obtained from Robertson, Stephens & Company, L.P., 555 California Street, Suite 2600, San Francisco, California 94104, 415-781-9700.
 -0- 10/21/93
 /CONTACT: Jay R. Taylor, chief executive officer, of Stimsonite, 708-647-7717/
 (STIM)


CO: Stimsonite Corporation ST: Illinois IN: CST SU: OFR

BM-TJ -- CL038 -- 5420 10/21/93 16:21 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:330
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