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MEDIA LOGIC PUBLIC OFFERING

 PLAINVILLE, Mass, July 8 /PRNewswire/ -- Media Logic, Inc. (AMEX: TST) announced today that it has sold one million shares of its common stock at a price of $12 per share in a public offering co-managed by Tucker Anthony Incorporated and Pennsylvania Merchant Group Ltd. In addition, 225,000 shares were sold by certain selling shareholders.
 Media Logic intends to use approximately $6 million of the net proceeds to increase its manufacturing capability of its AccuCopy disk drives at its California facility and approximately $2 million for the purchase of machinery and equipment for its recently expanded Massachusetts facility. Additional proceeds will be used to increase marketing efforts and research and development activity. The balance of the net proceeds will be used for general corporate purposes, including working capital.
 Media Logic trades on the American Stock Exchange under the symbol "TST".
 -0- 7/8/93
 /CONTACT: Paul M. O'Brien of Media Logic, Inc., 508-695-2006/
 (TST)


CO: Media Logic, Inc. ST: Massachusetts IN: CPR SU: OFR

CM -- NE004 -- 9380 07/08/93 09:24 EDT
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Publication:PR Newswire
Date:Jul 8, 1993
Words:173
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