Business Services Industry

Thermo-Mizer Environmental Schedules Closing for Acquisition of Laminaire

Business Wire, Sept 10, 1997

RIDGEFIELD, N.J.--(BUSINESS WIRE)--Sept. 10, 1997--Thermo-Mizer Environmental Corp. ("Thermo")(NASDAQ Common Stock: THMZ, Warrants - THMZW), a Ridgefield, N.J.-based company which designs, assembles and sells products and systems used to monitor a wide variety of environmental conditions, announced that it has scheduled the closing for its acquisition of Laminaire Corp., located in Rahway, N.J., on or about Sept. 17, 1997.

The acquisition price is $3,200,000. Laminaire is a leading manufacturer and distributor of cleanroom products and also produces a variety of electronic circuit boards. It has annual sales in excess of $6 million.

Jon Darcy, president of Thermo, said, "The two companies complement each other well, and both businesses should benefit from this planned combination." -0-

This press release contains forward looking statements. The company's actual performance might differ materially from that projected in such forward looking statements for numerous reasons, including those contained in the company's Annual Report on Form 10-KSB and other periodic reports filed with the Securities and Exchange Commission.

CONTACT: Thermo-Mizer Environmental Corp., Ridgefield

Jon J. Darcy, 201/941-5805

COPYRIGHT 1997 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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