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I.I.S. INTELLIGENT INFORMATION SYSTEMS LIMITED SHAREHOLDERS APPROVE THREE-FOR-ONE STOCK SPLIT IN THE FORM OF A STOCK DIVIDEND

 YOKNEAM, Israel, Feb. 16 /PRNewswire/ -- I.I.S. Intelligent Information Systems Limited (NASDAQ-NMS: IISLF) today announced that its shareholders voted to approve, at an Extraordinary General Meeting held on Feb. 15, 1993 in Yokneam, a three-for-one stock split, by way of a stock dividend (distribution of bonus shares). As previously announced, the record date for entitlement to the stock dividend (bonus shares) will be the close of business on Feb. 16, 1993. The bonus shares will be distributed on or about Feb. 19, 1993, and the Ordinary Shares of the company will be traded post-stock dividend beginning Feb. 22, 1992.
 I.I.S. is headquartered in Yokneam, with sales and service offices worldwide. The company does business in the United States as Decision Data and Lee Data, divisions of IIS Inc. I.I.S. designs, develops, manufactures, markets and services a full range of communication, networking, and peripheral products. These product access a variety of hosts, local area networks and wide area networks within IBM and DEC midrange and mainframe environments.
 -0- 2/16/93
 /CONTACT: Henry W. Ling, investor relations consultant for I.I.S., 516-826-4769/
 (IISLF)


CO: I.I.S. Intelligent Information Systems Limited ST: Minnesota IN: CPR SU: DIV

KH -- MN020 -- 6918 02/16/93 15:49 EST
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Publication:PR Newswire
Date:Feb 16, 1993
Words:211
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