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TECOGEN INC. COMMENCES PUBLIC OFFERING OF COMMON STOCK

 WALTHAM, Mass., Feb. 4 /PRNewswire/ -- Tecogen Inc. (AMEX: TGN) has commenced a public offering of 3,750,000 shares of its common stock, an increase from the 3 million shares previously announced, at a price of $9.00 per share. NatWest Securities Limited is acting as lead manager, with Cazenove Inc. as co-manager. The underwriters have been granted a 30-day over-allotment option to purchase an additional 562,500 shares.
 Tecogen Inc., to be renamed Thermo Power Corporation, subject to a shareholder vote at the companyUs annual meeting on March 11, manufactures, markets, and services natural gas engines for vehicular and stationary applications, marine engines, industrial refrigeration equipment, and natural gas-fueled commercial cooling and cogeneration systems. The company also conducts research and development on advanced systems for clean-coal combustion and other high-efficiency gas-fueled devices. Tecogen Inc. is a public subsidiary of Thermo Electron Corporation.
 Copies of the prospectus relating to the offering may be obtained from the Prospectus Department, NatWest Securities Limited, 100 Wall Street, New York, NY 10004.
 -0- 2/4/93
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111/
 (TGN TMO)


CO: Tecogen; Thermo Electron ST: Massachusetts IN: SU: OFR

TM -- NE005 -- 2778 02/04/93 08:57 EST
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Publication:PR Newswire
Date:Feb 4, 1993
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