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To: Paul Lee who wrote ()	12/11/1998 10:55:00 AM
From: Paul Lee	of 447

delayed 20 mins - disclaimerFriday December 11, 8:01 am Eastern Time Company Press Release SOURCE: Larson-Davis Incorporated Larson-Davis Enters Into Distribution Agreement with JEOL PROVO, Utah, Dec. 11 /PRNewswire/ -- Larson-Davis Incorporated (Nasdaq: LDII - news) announced the successful completion of negotiations with JEOL USA, Inc. to distribute its Jaguar Mass Spectrometer in North and South America. The term of the agreement is for an initial period of five years and provides JEOL with the exclusive right to sell this and subsequent MS products. ''It has been our goal to partner with a world class player in the analytical market since I joined the Company. Larson-Davis will provide JEOL with state-of-the-art equipment and JEOL will give Larson-Davis the marketing muscle it so badly needs,'' says CEO Andrew Bebbington. ''This partnership cements the pure and applied research and engineering capability of Larson-Davis with the market expertise and distribution strength of JEOL. We anticipate, ithe Company. Larson-Davis will provide JEOL with state-of-the-art equipment and JEOL will give Larson-Davis the marketing muscle ''JEOL was impressed with the technology developed by Larson-Davis and we are delighted to add this to our portfolio of mass spectrometry products. We are excited by the opportunity this partnership presents and look forward to working with Larson-Davis over the long term,'' said Mr. Santorelli Executive Vice President of JEOL USA Inc. Larson-Davis has now commenced its search for European and Asian distribution of its Jaguar product which will complement this arrangement with JEOL and augment revenues for the coming year. ''We have refined the product specification for the Jaguar with the input from JEOL and will be enhancing the already demanding specifications for the product as a result. We have some significant challenges ahead of us, but believe that with JEOL's distribution strength that the ultimate return on this investment will be well justified,'' added COO Jeffrey Cohen.

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