SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
__________
December 8, 1998
Date of Report (Date of earliest event reported)
METRISA, INC.
(Exact name of registrant as specified in charter)
Delaware 0-16152 04-2891557
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
25 Wiggins Avenue
Bedford, Massachusetts 01730-2323
(Address of principal executive offices and zip code)
(781) 275-3300
(Registrant's telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Item 5. Other Events.
The Registrant issued a Press Release on December 8, 1998
announcing its fiscal year ended September 30, 1998 financial results.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
The following exhibit is filed with this Current Report on Form 8-K.
Exhibit No. Description
99 Press Release dated December 8, 1998
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
METRISA, INC.
Date: December 8, 1998 By:/s/ JOHN E. WOLFE//
John E. Wolfe, President
EXHIBIT 99
NEWS & INFORMATION
IMMEDIATE RELEASE
METRISA, INC.
Announces Fiscal 1998 Financial Results
Metrisa, Inc. (OTC-MTRE) announced today that its revenues and earnings for
the fiscal year ended September 30, 1998 had increased from those of fiscal
year 1997.
Metrisa's President and CEO, John E. Wolfe, stated that: "In spite of a
reduction of more than 30% in Asian sales, Metrisa is very pleased that Net
Revenues increased 4% from $7,974,919 in 1997 to $8,252,450 in 1998, and Net
Income increased 114% from $103,071 in 1997 to $220,584 in 1998. Further, we
continued the implementation of our growth strategy through the acquisition
of Micromet Instruments, and the consolidation of all of our operating
companies into our public entity, renamed Metrisa, Inc. (formerly Holometrix,
Inc.) We also increased our capacity to fund future acquisitions by raising
$2,000,000 of subordinated debt, and thus enter fiscal 1999 in a
strong financial position."
Metrisa's Selected Financial Data for fiscal 1998 compared to fiscal 1997 was
as follows:
1998 1997
Statement of Operations Data
Net Revenues $8,252,450 $7,974,919
Net Income 220,584 103,071
Net Income per Common Share - basic
and diluted 0.22 0.12
Weighted average Common shares
outstanding - basic and diluted 1,022,911 862,070
Balance Sheet Data
Working Capital 3,263,552 1,460,041
Total assets 8,251,908 5,046,695
Long-term obligations, excluding current
portion 2,833,777 937,249
Minority Interest 0 232,206
Stockholders Equity 2,778,539 1,211,781
Metrisa designs, develops, manufactures and markets technical instruments for
the process, environmental, and materials characterization markets; it also
provides testing services for the materials characterization market. The
Company's Tytronics division provides on-line liquid and gas chemical
analyzers for specific applications in world wide process and environmental
markets. The Company's Nametre division provides on-line and laboratory
viscosity analyzers for the process markets. The Company's
Holometrix-Micromet division provides instruments and testing services for
thermophysical measurements to various segments of the world wide materials
characterization market. Metrisa's principal offices are located at 25
Wiggins Avenue, Bedford, Massachusetts 01730; its telephone number is
781-275-3300.
December 8, 1998 Contact: John A. Hanna, Jr., CFO
For immediate release 781-275-3300 ext. 272
