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ADVANCED GRAVIS COMPUTER TECHNOLOGY LTD. ANNOUNCES INCREASED BANK CREDIT LINE

 ADVANCED GRAVIS COMPUTER TECHNOLOGY LTD.
 ANNOUNCES INCREASED BANK CREDIT LINE
 VANCOUVER, British Columbia, Sept. 23 /PRNewswire/ -- Advanced Gravis Computer Technology Ltd. (OTC Bulletin Board: GRVSF, Toronto, Vancouver: AED) announced today that it has negotiated an increased bank credit line totaling $1,855,000. The increase will provide additional working capital to meet the seasonal demand for the company's products.
 The company also announced that Logitech International SA has extended the due date of the short term note of $500,000 to March 31, 1992 at a reduced interest rate of 10 percent.
 Advanced Gravis designs, manufactures and markets high-quality entertainment devices for personal computers, including joysticks, PC GamePads, MouseSticks, and the new UltraSound, a 16-bit, 32-voice sound card for the IBM PC.
 -0- 9/23/92
 /CONTACT: Grant Russell, president of Advanced Gravis Computer Technology, 604-431-5020/
 (GRVSF AED.) CO: Advanced Gravis Computer Technology Ltd. ST: British Columbia IN: CPR SU:


BP -- LA030 -- 2844 09/23/92 17:27 EDT
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Publication:PR Newswire
Date:Sep 23, 1992
Words:159
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