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COGNITRONICS ANNOUNCES THREE-FOR-TWO STOCK SPLIT

 COGNITRONICS ANNOUNCES THREE-FOR-TWO STOCK SPLIT
 STAMFORD, June 17 /PRNewswire/ -- Cognitronics Corporation


(AMEX: CGN), a leading manufacturer of voice processing equipment, announced today that its board of directors has declared a three-for-two split of its common stock to be distributed in the form of a 50 percent stock dividend on July 22, 1992 to stockholders of record on June 29, 1992.
 "We believe that the three-for-two stock split, which will increase the outstanding shares of common stock to 3 million from 2 million, will create a wider stockholder base, provide greater liquidity for the shares and broaden our trading activity," said Matthew J. Flanigan, chairman and president.
 Cognitronics is a leading manufacturer and supplier of voice processing equipment, including telephone network announcement products and interactive voice response (IVR) systems, to telephone operating companies, original equipment manufacturers and commercial end-uses. Cognitronics also manufactures precision machined parts and electro- mechanical assemblies.
 -0- 6/17/92
 /CONTACT: Harold F. Mayer of Cognitronics, 203-327-5307/
 (CGN) CO: Cognitronics Corporation ST: Connecticut IN: TLS SU:


SM -- NY021 -- 0971 06/17/92 09:53 EDT
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Publication:PR Newswire
Date:Jun 17, 1992
Words:177
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