Interactive Technologies announces investment banking agreement with M.H. Meyerson and Co.ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 19, 1996--Interactive Technologies Corp. announced today the signing of an investment banking agreement with M.H. Meyerson & Co. Inc. The five year agreement will include, without limitation, assistance to Interactive Technologies in mergers, acquisitions, internal capital structuring, and the placement of new debt and equity issues, with the objective of accomplishing Interactive Technologies' business and financial goals. M.H. Meyerson & Co. Inc., founded in 1960, is a full service investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. serving both individual and institutional accounts in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and international markets. Interactive Technologies, which recently launched the interactive television program "Rebate TV," is planning to begin a national expansion starting with Atlanta in January 1997. "Rebate TV," which airs in Central Florida on Paxson Communications' Channel 56, WIRB WIRB Western Institutional Review Board (Olympia, WA) , at 9 p.m. seven days a week, represents the first step toward development of a national network in the country's top 25 markets. "Rebate TV" is the premier interactive product of Interactive Technologies Corp., a developer and producer of interactive television and digital media programming. Interactive Technologies Corp. products are designed to serve the growing demand for interactive media as a viable consumer marketing tool. Interactive Technologies Corp. trades on the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the stock symbol "ITNL ITNL Integration Testing Network Laboratory (Sprint) ." CONTACT: Curley & Pynn Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , Winter Park Nancy Curry, Allison Didier, 407/423-8006 |
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