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AimGlobal Technologies Company Inc.'s Chairman Buys Shares.


AUSTIN, Texas--(BUSINESS WIRE)--June 23, 1999--

AimGlobal Technologies (AMEX AMEX

See: American Stock Exchange
:AGT AGT antiglobulin test. )(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:AGT) today announced on behalf of Mr. Steven deJaray, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , that based on exemptions under the respective securities laws of the United States and Canada, he has acquired an aggregate of 509,177 shares of AimGlobal Technologies Company Inc. (the "Company"), thereby increasing his holdings to 3,723,066 shares.

It is Mr. deJaray's view that the current market price of AimGlobal Technologies Company Inc. is not reflective of the value of the company.

The common shares of AimGlobal Technologies Company Inc. were acquired for investment purposes, and based on available exemptions under applicable Securities Acts, Mr. deJaray may make further purchases or sales of shares of the company in the ordinary course.

About the Company

Founded 14 years ago, and through two operating subsidiaries, AimGlobal Technologies serves the Medical, Aerospace, Communications, Industrial, Military, Power Utility, Emergency Services and Consumer markets.

With operations in Texas, New York Texas is a hamlet in Oswego County, New York, USA, near the southeastern corner of Lake Ontario. It is officially part of the town of Mexico. Geography
Texas lies on Little Salmon Creek, about one-half mile above the mouth of that stream on Lake Ontario, on an east-west
 State, Ontario and British Columbia, AimGlobal Technologies is a recognized technical innovator and a leading manufacturer of proprietary microelectronic solutions and hazardous air and gas monitoring products for life, health and safety applications.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 24, 1999
Words:194
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