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OCS TECHNOLOGIES CORP. AGREEMENT SIGNED

 RICHMOND, British Columbia, May 7 /PRNewswire/ -- Further to OCS Technologies Corp.'s (Toronto, Vancouver: OCS) news release of March 16, 1992, OCS announced today that the agreement to purchase the assets of Diversified Computer Products Inc. of Tampa, Fla., ("DCP") has now been signed. Under the final terms of the agreement, OCS will acquire all of the Justice and Public Safety assets of DCP for a purchase price of $887,000 U.S.; payable $487,000 in cash and $400,000 in OCS shares at closing. In addition, DCP can receive additional OCS shares over a five-year period based on total revenues from the sale of licenses for DCP software in excess of $887,000. Closing is scheduled for May 11, 1993.
 -0- 5/7/93
 /CONTACT: Neil F. Hummel, director and secretary of OCS Technology, 604-273-8045/
 (OCS.)


CO: OCS Technologies Corp. ST: British Columbia IN: CPR SU: TNM

JB -- LA015 -- 5993 05/07/93 13:31 EDT
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Publication:PR Newswire
Date:May 7, 1993
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