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To: 1stSunRay who wrote ()10/3/1997 2:16:00 PM
From: 1stSunRay   of 1121
 
BTIX, Chairman bought 52% of its outstanding stock ...

SAN DIEGO -(Dow Jones)- Biomagnetic Technologies Inc., a developer of magnetic source imaging systems, late Thursday said it named Enrique Maso chairman.

Maso has been a director since June 1995.

Biomagnetic (BTIX) said Maso bought 25 million Biomagnetic Tech shares, representing 52% of its outstanding stock, from Dassesta International SA for $31.25 million, or $1.25 a share.

Maso, a private investor, is or has been a director of Bank of Bilbao, Spain; chairman of Electronic Data Systems, Spain; chairman of Airbus Industrie, France; and chairman of the Aerospace Industries Association in Europe.

Copyright (c) 1997 Dow Jones & Company, Inc.

All Rights Reserved.

Transmitted: 10/03/97 02:43 (L100Z1pp)
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