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DTS announces filing of registration statement with SEC.


ATLANTA--(BUSINESS WIRE)--Jan. 31, 1996--Digital Transmission Systems (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Symbols: DTSX DTSX Data Transport Station for X.25 , DTSXW, and DTSXU), a Norcross, Georgia-based telecommunications equipment manufacturer, confirmed today that the Company filed a registration statement with the Securities and Exchange Commission on December 20, 1995 for an initial public offering of the Company's securities.

The offering, underwritten by the investment banking firm of Barington Capital Group, L.P., consists of 1,000,000 Units. Each Unit is made up of one share of Common Stock and one warrant to purchase one share of Common Stock.

The Company provides telecommunications equipment to long distance carriers, cellular/wireless service providers and corporate end users. Specialized equipment from the Company allows for efficient utilization and control of high-speed digital communication networks.

The registration statement relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This public release shall not constitute an offer to sell nor the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

A preliminary prospectus Preliminary Prospectus

A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders
 for these securities may be obtained from Kim Ellis at Barington Capital Group, L.P., 730 Fifth Avenue, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10019, or by phone at 1-800-695-2584 or 212-974-5715.

CONTACT: Don Aldridge

Chief Financial Officer, DTS (1) (Digital Theatre Sound) A digital audio encoding system used in movie and home theaters. Popularized by the movie Jurassic Park, the six-channel (5.  

daldridge@dts.netra.com

770-798-1300, ext. 247

-OR-

Financial Contact:

Richard G. Foote

Lippert/Heilshorn & Assoc., Inc.

212-838-3777
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 1996
Words:273
Previous Article:MicroTel announces it will pursue acquisition program without dilution to its stockholders at this time.
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