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DIANA TO ACQUIRE HOLLIS GROUP

 MILWAUKEE, May 28 /PRNewswire/ -- The Diana Corporation (NYSE: DNA), Milwaukee, Wis., announced today that its subsidiary C&L Communications, Inc. ("C&L") entered into an agreement to acquire The Hollis Group of Houston.
 C&L and The Hollis Group are the nations two largest distributors of call controllers. In addition, C&L is a distributor of other high tech digital communication equipment. The parties expect the transaction to close approximately June 15, 1993.
 -0- 5/28/93
 /CONTACT: Richard Y. Fisher of The Diana Corporation, 414-289-9797/
 (DNA)


CO: The Diana Corporation ST: Ohio IN: TLS SU: TNM

AR -- CL008 -- 3359 05/28/93 11:27 EDT
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Publication:PR Newswire
Date:May 28, 1993
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