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THERMOTREX CORPORATION ANNOUNCES YEAR-END RESULTS

 SAN DIEGO, Calif., March 9 /PRNewswire/ -- ThermoTrex Corporation (AMEX: TKN) today reported revenues of $19,843,000 for the year ended Jan. 2, 1993, compared with $16,801,000 for 1991. Net income for the year was $280,000, compared with net income of $252,000 last year.
 "The November acquisition of LORAD Corporation has strengthened our company significantly," said Firooz Rufeh, president and chief executive officer of ThermoTrex (TTC). "This union may make it possible to develop a new set of products to aid in earlier detection of breast cancer. By combining TTC's advanced imaging and parallel data processing technologies with LORAD's expertise in mammography, we are currently developing the first such product, a whole-breast digital imaging system."
 ThermoTrex Corporation develops advanced technology in electro-optic and electro-acoustic systems, signal processing, materials technology, lasers, and thermionic and thermoelectric direct-energy conversion. The company also manufactures and markets imaging systems for early detection of breast cancer. In addition, ThermoTrex is developing other commercial products for the medical imaging and avionics industries. ThermoTrex Corporation is a public subsidiary of Thermo Electron Corporation.
 ThermoTrex Corporation Financial Highlights
 Three Months Ended Twelve Months Ended
 Jan. 2, Dec. 28, Jan. 2, Dec. 28,
 1993 1991 1993 1991
 Revenues $8,984,000 $4,422,000 $19,843,000 $16,801,000
 Income Before
 Provision For
 Income Taxes 203,000 119,000 627,000 517,000
 Net Income 59,000 45,000 280,000 252,000
 Earnings Per Share .01 .01 .03 .03
 Weighted Average
 Shares 9,451,000 8,607,000 8,928,000 7,474,000
 -0- 3/9/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO TKN)


CO: Thermo Electron Corporation; ThermoTrex ST: Massachusetts, California IN: MTC CPR SU: ERN

TM -- NE014 -- 4401 03/09/93 09:27 EST
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Publication:PR Newswire
Date:Mar 9, 1993
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