inTEST Corporation Files to Sell 2.0 Million Shares

May 23, 2000 at 12:00 AM EDT
inTEST Corporation Files to Sell 2.0 Million Shares

CHERRY HILL, N.J., May 23 /PRNewswire/ -- inTEST Corporation (Nasdaq: INTT) today announced that it filed a registration statement for an offering of 2,000,000 shares of its common stock. The company will sell 1,000,000 shares and some current stockholders will sell 1,000,000 shares. The managing underwriters for the offering are Needham & Company, Inc., Adams, Harkness & Hill, Inc. and Janney Montgomery Scott LLC.

inTEST designs, manufactures and markets interface solutions and temperature management products that are used with automatic test equipment (ATE) by semiconductor manufacturers in the testing of integrated circuits.

Copies of the prospectus may be obtained from Needham & Company, Inc., 445 Park Avenue, New York, NY 10022; Adams, Harkness & Hill, Inc., 60 State Street, 6th Floor, Boston, MA 02109; and Janney Montgomery Scott LLC, 1801 Market Street, Philadelphia, PA 19103.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. SOURCE inTEST Corporation