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CHEMDESIGN RESPONDS TO RECENT MARKET ACTIVITY

 CHEMDESIGN RESPONDS TO RECENT MARKET ACTIVITY
 FITCHBURG, Mass., July 14 /PRNewswire/ -- ChemDesign Corporation


(NASDAQ: CDCC) today responded to questions regarding the recent drop in the price of the company's common stock. A ChemDesign spokesman confirmed that the company would be issuing its second quarter earnings release on Monday, July 20, and further stated that the company was not aware of any reason for the recent market activity in its common stock.
 -0- 7/14/92
 /CONTACT: Michael J. O'Donnell, vice president and chief financial officer, or Steven E. Borgeson, senior vice president and general counsel, of ChemDesign, 508-345-9999/
 (CDCC) CO: ChemDesign Corporation ST: Massachusetts IN: CHM SU: ERN


CH-SH -- NE011 -- 9153 07/14/92 13:31 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 14, 1992
Words:117
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