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SPX Corporation Acquires Tecnotest

22 June 1998

SPX Corporation Acquires Tecnotest

    MUSKEGON, Mich., June 22 -- SPX Corporation today
announced it has acquired Tecnotest S.r.l. for an undisclosed amount.  SPX
purchased an 89% interest in the company, headquartered in Parma, Italy, and
has the option to purchase the remaining 11%.
    Tecnotest designs, manufactures and distributes hand-held scan tools and
other hand-held electronic equipment, diagnostic software, gas and diesel
emissions testing equipment and safety test lane products for the vehicle
service industry.  With approximately 100 employees and nearly $25 million in
revenues, the Tecnotest brand name is well known throughout Europe.
    John B. Blystone, Chairman, President and Chief Executive Officer of SPX
Corporation said, "The integration of Tecnotest's technology, products and
distribution into our existing business is a major step to grow our Service
Solutions business globally.  Tecnotest's engineering capabilities and strong
customer relationships with automobile manufacturers like Fiat and
Peugeot/Citroen, build on the strengths that are key to our global expansion."
    SPX Corporation is a global provider of Vehicle Service Solutions to
franchised dealers and independent service locations, Service Support to
Vehicle Manufacturers, and Vehicle Components to the worldwide motor vehicle
industry.  The Internet address for SPX's home page is http://www.spx.com.