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THERMO CARDIOSYSTEMS ANNOUNCES SPECIAL SHAREHOLDER MEETING AND INTENT TO DECLARE STOCK DIVIDEND

 WOBURN, Mass., Sept. 14 /PRNewswire/ -- Thermo Cardiosystems Inc. (AMEX: TCA) announced that it is holding a special meeting of shareholders on Oct. 22, 1993, for shareholders of record as of Oct. 7, 1993, in order to vote on increasing the number of authorized Thermo Cardiosystems shares from 20 million to 50 million.
 Subject to a favorable vote at this meeting, the board of directors of Thermo Cardiosystems has declared a two-for-one stock split, in the form of a 100 percent stock dividend, to be payable on Nov. 1, 1993, to shareholders of record as of Oct. 22.
 Financial results for prior periods will be restated to reflect the stock dividend, which will increase the number of Thermo Cardiosystems shares outstanding to approximately 22.1 million.
 Thermo Cardiosystems Inc. is a leader in research and development of implantable ventricular-assist devices. These devices are designed to perform substantially all or part of the pumping function of the left ventricle of the natural heart for patients suffering from cardiovascular disease. The company's devices are currently intended for investigational use only. Thermo Cardiosystems is a public subsidiary of Thermedics Inc. and Thermo Electron Corporation (NYSE: TMO).
 -0- 9/14/93
 /CONTACT: John Hatsopoulos, of Thermo Electron Corp., 617-622-1111/
 (TCA TMO)


CO: Thermo Cardiosystems; Thermo Electron Corp. ST: Massachusetts IN: MTC SU: DIV

JL-CM -- NE006 -- 1702 09/14/93 10:47 EDT
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Publication:PR Newswire
Date:Sep 14, 1993
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