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FORSCHNER ANNOUNCES PUBLIC OFFERING

FORSCHNER ANNOUNCES PUBLIC OFFERING
    SHELTON, Conn., Feb. 14 /PRNewswire/ -- The Forschner Group, Inc. (NASDAQ: FSNR) today announced the filing of a registration statement with the Securities and Exchange Commission relating to a proposed public offering of 1.2 million shares of its common stock.
    The proposed offering will be managed by Allen & Company Incorporated.  Forschner intends to use the net proceeds from the proposed offering to fund the expansion of its business and for general corporate purposes.
    Forschner is the exclusive U.S. marketer of Victorinox Original Swiss Army Knives and Victorinox cutlery, other high-quality Swiss-made products bearing the Swiss Army Brand label, and other imported cutlery for professional and consumer use.
    A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.  These securities may not be sold nor any offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or 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.  Copies of the prospectus may be obtained from Allen & Company Incorporated, 711 Fifth Ave., New York, N.Y., 10022.
    -0-                      2/14/92
    CONTACT:  James W. Kennedy of Forschner Group, 203-929-6391
    (FSNR)
CO:    FORSCHNER GROUP INC.
ST:           CONNECTICUT (CT)


-- NY017 -- 9068 02/14/92
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Publication:PR Newswire
Date:Feb 14, 1992
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