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THERMO REMEDIATION SELLS ADDITIONAL SHARES IN PUBLIC OFFERING OF COMMON STOCK

 WALTHAM, Mass., Dec. 30 /PRNewswire/ -- Thermo Remediation Inc. (AMEX: THN), a majority-owned subsidiary of Thermo Process Systems Inc. (AMEX: TPI), announced today that the underwriters of the company's recent public offering of 1,100,000 shares of common stock have exercised their over-allotment option to purchase an additional 90,000 shares of common stock from the company. NatWest Securities Limited and First Albany Corporation have co-managed the offering.
 Thermo Remediation is an environmental remediation company that operates a network of six soil-remediation centers. Thermo Remediation's thermal process technology treats soils to remove and destroy petroleum contamination caused by leaking underground storage tanks, aboveground storage tanks, spills, and other sources. Thermo Remediation also recently entered the waste fluids recycling market through an acquisition.
 Copies of the Prospectus relating to the offering may be obtained from NatWest Securities Limited, Syndicate Department, 100 Wall St., 23rd Floor, New York, NY 10005, 212-440-8413.
 Thermo Process Systems also designs, manufactures, and sells advanced custom-engineered thermal-processing systems for the automated heat treating of metal parts and provides a comprehensive range of metallurgical processing services. Thermo Process Systems is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 -0- 12/30/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (THN TPI TMO)


CO: Thermo Remediation Inc.; Thermo Process Systems Inc.; Thermo
 Electron Corporation ST: Massachusetts IN: ENV SU: OFR


CM-JL -- NE001 -- 8039 12/30/93 11:43 EST
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Publication:PR Newswire
Date:Dec 30, 1993
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