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DASI DISCUSSES TENDER OFFER

 SILVER SPRING, Md., Nov. 12 /PRNewswire/ -- Dr. John Nahra, chairman of DASI, Inc., announced today that DASI had been approached by a multinational corporation which was considering financing an offer to purchase all of DASI's issued and outstanding shares not held by DASI's executives.
 Nahra said that DASI has approximately 5 million shares issued and outstanding and that stockholders owning approximately 3 million shares not held by DASI's management and/or advisers would be able to sell their shares in the tender.
 In 1992, the prices of DASI stock reached a low bid of 25 cents a share. During the last fiscal quarter, the price of DASI stock, as reported by its market-makers, ranged from a low bid of 87.5 cents a share to a high bid of $1.375 a share. DASI is not a reporting company under the federal securities laws, but is traded in the over-the-counter market. Typical trading volumes have been low and price quotations for the company's stock have not been reported recently in any published media.
 Nahra said that the exact timing of the possible tender was still unclear but he thought it probable that the tender would be launched shortly so as to be completed in 1993. Nahra said that he expected the offering price per share to be $3.
 According to Nahra, a requirement of the financing arrangement was that DASI's executives not sell their shares in the tender and agree to continue to serve in the ongoing enterprise.
 -0- 11/12/93
 /CONTACT: Dr. John E. Nahra, president, of DASI, 301-589-9000/


CO: DASI, Inc. ST: Maryland IN: SU: OFR

DT-MH -- DC032 -- 3887 11/12/93 16:47 EST
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Publication:PR Newswire
Date:Nov 12, 1993
Words:278
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