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
__________
May 1, 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)
(617) 275-3300
(Registrant's telephone number, including area code)
HOLOMETRIX, INC.
(Former name or former address, if changed since last report)
Item 5. Other Events.
The Registrant issued a Press Release on May 1, 1998
announcing its reorganization.
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 May 1, 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.
/s/ John E. Wolfe
Date: May 5, 1998 By:__________________________
John E. Wolfe, President
HOLOMETRIX, INC.
NEWS & INFORMATION
IMMEDIATE RELEASE
Contact: John E. Wolfe, President
Holometrix, Inc.
25 Wiggins Avenue
Bedford, MA 01730-2323
(781) 275-3300
HOLOMETRIX, INC., NATIONAL METAL REFINING COMPANY
and TYTRONICS INCORPORATED
Announce Reorganization
BEDFORD, MA May 1, 1998 - Holometrix, Inc. ("Holometrix"), National Metal
Refining Company ("Nametre") and Tytronics Incorporated ("Tytronics") today
announced that their respective shareholders have taken all action necessary
to approve the reorganization of each company into a single entity effective
May 1, 1998. In connection with the reorganization, Holometrix, the surviving
entity, will also effect a 50 to 1 reverse stock split of its outstanding
Common Stock and will change its name to Metrisa, Inc. Following the
reorganization and the reverse stock split, it is anticipated that there will
be approximately 1,380,000 shares of Metrisa Common Stock issued and
outstanding with a par value of $.50 per share.
The reorganization of Holometrix, its majority owner, Tytronics, and
its subsidiary, Nametre, will involve the exchange of all of the currently
outstanding Common Stock and Preferred Stock of Tytronics and Nametre for
shares of the Common Stock, $.01 par value, of Holometrix and the simultaneous
merger of Tytronics and Nametre into a wholly-owned subsidiary of Holometrix.
The wholly-owned subsidiary will, immediately thereafter, merge into Holometrix.
John E. Wolfe, President of Holometrix, stated that the reorganization
is expected to benefit Holometrix, Tytronics and Nametre by creating a
cohesive company focused on the process, water and materials markets. The
reorganization will also increase management and operating efficiencies and
lead to greater recognition of the combined entity by the business community.
Mr. Wolfe also indicated that the change of the name of Holometrix to Metrisa,
Inc. (Greek for "I measured") is intended to underscore the company's focus
on the development, manufacture and marketing of measurement instrumentation
and related products and services.
Metrisa, Inc. will organize into three separate operating divisions,
namely Holometrix-Micromet, Nametre and Tytronics. This organization will
maintain the strong name recognition that each division currently has in its
market place.
Holometrix-Micromet is a product development, manufacturing and
contract test services company which specializes in manufacturing instruments
and providing contract test services for measuring the thermophysical properties
and cure monitoring of a wide variety of materials. Micromet Instruments was
recently acquired by Tytronics and is being merged with the Holometrix division.
Nametre is a product development and manufacturing company that
specializes in manufacturing in-line and laboratory viscosity analyzers.
Tytronics designs, manufactures and markets on-line liquid and gas
chemical analyzers for specific applications in worldwide process and
environmental markets.
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