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To: Thomas M. who wrote (71)11/17/1997 9:23:00 AM
From: Paul Lee  Read Replies (1) | Respond to of 447
 
Good news

Former President of Thermo Subsidiary and Co-founder of Life Sciences
International Joins Larson-Davis, Inc. as Chief Executive Officer

PROVO, Utah, Nov. 17 /PRNewswire/ -- Larson-Davis Inc. (Nasdaq: LDII -
news) announced today that Andrew Bebbington has joined the Company as
President and CEO. Until earlier this month, Mr. Bebbington was
President of Neslab Instruments, a subsidiary of Thermo Electron Corp
[NYSE:TMO - news]. Neslab was acquired by Thermo as part of its 1997
acquisition of Life Sciences International, a major UK scientific
equipment group with sales of approximately $300 million.

Mr. Bebbington had been an executive director of Life Sciences
International PLC (''LSI Group'') since its inception in 1987 when,
along with two others, he founded the company and listed it on the
London Stock Exchange. Along with his executive duties, for the past six
years, Mr. Bebbington ran Neslab Instruments, Inc., a major operating
subsidiary of LSI Group. Prior to this, he was responsible for business
development for the LSI Group, and completed 9 acquisitions during his
tenure.

Mr. Bebbington said, ''Larson-Davis is an exciting company with great
potential for growth from its array of new technologies. Our TOP
PRIORITY will be to reduce costs and increase revenues to permit the
Company to become profitable. We will focus our efforts on increasing
market penetration of existing products and finalizing development of a
few key products, including the Jaguar line of mass spectrometry
instruments. Subsequently, we will focus on commercializing
Larson-Davis' technology pipeline and developing its global distribution
capability to maximize the Company's medium term growth potential.
Larson-Davis operates in the multibillion dollar scientific instrument
market, and it is our intention to develop Larson-Davis into a
significant player within that marketplace over the coming years.''

While at LSI Group and KPMG Peat Marwick, his previous employer, Mr.
Bebbington gained extensive experience in sales, manufacturing, finance
and operations in Europe, North America and Asia. He spearheaded LSI
Group's former Eastern Bloc expansion into Hungary and Poland and helped
to create an elaborate sales, service, and distribution network
throughout the U.S. and Europe.

Larson-Davis Inc., headquartered in Provo, Utah, develops, manufactures,
and markets leading edge, ultra-sensitive analytical instrumentation for
the chemical, gas, acoustics and vibration markets. Its customers are
major industrial companies as well as government and military agencies.

This press release contains certain forward-looking statements that are
subject to risks and uncertainties that could cause actual results to
differ materially from those statements. These risks include, but are
not limited to, the Company's ability to secure necessary funding, the
completion of commercial products within projected time frames, market
acceptance of resulting products, technological change, the Company's
ability to defend its intellectual property rights, dependence on
independent market representatives, competitive pressures, and the
Company's ability to enter into strategic alliances. These factors and
other risks are discussed in detail in the Company's filings with the
Securities and Exchange Commission.

SOURCE: Larson-Davis Inc.