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Avic Group chairman acquires 25,000 more shares.


NEW YORK--(BUSINESS WIRE)--Jan. 15, 1997--AVIC Group International, Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. : AV) announced that Joseph R. Wright, Chairman and Chief Executive Officer, yesterday acquired for cash 25,000 additional shares of restricted stock from the company.

This increases his AVIC AVIC Aviation Industry Corporation (China)
AVIC Area Veterinarian in Charge
AVIC Army Visual Information Center
AVIC Avi Codec
 holdings to 297,500 shares and 3,000,000 options.

AVIC Group International, Inc. develops telecommunications and information systems networks in the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China, concentrating on the northern province of Hebei and the adjacent cities of Beijing and Tianjin. AVIC projects include cellular, cable, paging and fixed wire.

CONTACT: Company Contact:

Cheryl Bell, Director of Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 

(212) 319-9160

or

Agency Contact:

Warren J. Cavior, The Cavior Organization

(212) 687-6070 / caviorg@aol.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 15, 1997
Words:115
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