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THERMOTREX COMPLETES LORAD ACQUISITION

 SAN DIEGO, Nov. 18 ~PRNewswire~ -- ThermoTrex Corporation (AMEX: TKN) has acquired Lorad Corporation for approximately $12 million in cash and 1.3 million restricted shares of ThermoTrex (TTC) common stock. The Danbury, Conn.-based company is a leading manufacturer of low-dose X-ray mammography systems and minimally invasive needle biopsy systems.
 "In Lorad, we have a partner with proven manufacturing and marketing skills to further the development of our sonic CT technology," said Firooz Rufeh, president and chief executive officer of ThermoTrex. "Lorad is already well established in the field of diagnostic mammography, which is one of the potential applications for sonic CT, so they can provide the manufacturing capabilities we will need to bring this product to market. And we feel Lorad is a good fit because it's a forward-looking company interested in new approaches to imaging that can provide doctors with additional information to aid in diagnosis."
 TTC's sonic CT (computerized tomography) system is a new technology that draws on facets of two other imaging technologies, ultrasound and computerized tomography (also known as a CAT scan). In addition to mammography, a variant on sonic CT called Doppler CT may represent another application for this technology. Doppler CT is intended to diagnose and monitor peripheral vascular disease. Both applications would be noninvasive.
 ThermoTrex Corporation develops advanced technology in electro-optic and electro-acoustic systems, signal processing, materials technology, lasers, and thermionic and thermoelectric direct-energy conversion. Currently, the company is developing several commercial products, including the sonic CT system for real-time imaging of soft tissue, a passive microwave camera that would enable pilots to see through fog and clouds to enhance navigation, and a wind-shear detector to provide pilots with advance warning of wind shears. ThermoTrex Corporation is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 -0- 11~17~92
 ~CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111~
 (TKN TMO)


CO: ThermoTrex Corporation; Thermo Electron Corporation ST: Massachusetts IN: SU:

CN -- NE001 -- 2170 11~18~92 08:29 EST
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Publication:PR Newswire
Date:Nov 18, 1992
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