CENTENNIAL TECHNOLOGIES INC. ANNOUNCES THE PRIVATE PLACEMENT OF 75,000 SHARES OF COMMON STOCK.

BILLERICA, Mass.--(BUSINESS WIRE)--January 10, 1995--CENTENNIAL TECHNOLOGIES, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec. . (AMEX AMEX

See: American Stock Exchange :CTN ctn
abbr.
cotangent , CTNW) announced today that it has completed a private placement of 75,000 shares of its common stock at a price of $8.75 per share through an investment banking firm in Boston.

James Murphy James Murphy may refer to:

James Murphy (electronic musician) (born 1970), principal member of LCD Soundsystem and head of DFA Records
James Murphy (footballer) (1910–1989), Association Football player and manager

, chief financial officer of CENTENNIAL TECHNOLOGIES INC., commented: "This private placement allows CENTENNIAL to continue its business strategy to expand its presence in the PC Card marketplace. We believe the pricing represented a reasonable 5.4% discount on the average December 1994 closing prices of CENTENNIAL'S common stock."

CENTENNIAL TECHNOLOGIES, INC. designs, manufactures and sells PCMCIA cards See PC Card. used in portable computers and industrial applications, and font cartridges used in laser printers.

CONTACT: Centennial Technologies, Inc., Billerica

              James M. Murphy, 508/670-0646
                           or
              L.G. Zangani, Inc., Flemington, N.J.
              Leonardo G. Zangani, 908/788-9660

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Publication:	Business Wire
Date:	Jan 10, 1995
Words:	140
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Topics:	Computer peripherals industry Securities Computer storage devices

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