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Rti Electronics

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BUSINESS
February 24, 1997
Ketema Inc.'s Rodan division has been sold to Selas Corp. of America in Pennsylvania for $4.75 million in cash, plus up to $1 million in common stock tied to future performance. Anaheim-based Rodan makes Surge-Gard products, which limit electric current to protect computer installations. Rodan, which had $6.4 million in sales in its last fiscal year ended Feb. 28, 1996, will be named RTI Electronics. Its current management team will remain, Selas said.
ARTICLES BY DATE
BUSINESS
February 24, 1997
Ketema Inc.'s Rodan division has been sold to Selas Corp. of America in Pennsylvania for $4.75 million in cash, plus up to $1 million in common stock tied to future performance. Anaheim-based Rodan makes Surge-Gard products, which limit electric current to protect computer installations. Rodan, which had $6.4 million in sales in its last fiscal year ended Feb. 28, 1996, will be named RTI Electronics. Its current management team will remain, Selas said.
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