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SORICON RECEIVES $3 MILLION U.K. ORDER

 BOULDER, Colo., May 13 /PRNewswire/ -- Soricon Corp. (NASDAQ: SRCC and SRCCS) announced today its has received a purchase order worth approximately $3 million from its U.K. distributor, Advanced Recognition Ltd. The order is for its proprietary check and document readers to be installed at one of the leading financial institutions in the United Kingdom.
 Deliveries will begin in the third quarter of 1993 and are expected to be completed by the end of the second quarter of 1994.
 "This will have a positive impact on our sales and earnings for 1993 and the following year," said Neville Vere Nicoll, president and chief executive officer of Soricon. "This also opens up additional opportunities for Soricon with other financial institutions in the U.K. and other countries."
 The order is for Soricon's proprietary check and document readers to automate the collection of code line data at the point-of-sale transaction for a large financial institution in the U.K. "Our readers are being sold as part of an innovative transaction automation system that is being provided by a leading computer manufacturer," he added.
 Based in Boulder, Soricon is a leading supplier of transaction automation products. The company's primary markets are point-of-sale check verification for retailers, check and document processing for financial institutions and other businesses which process large numbers of documents.
 -0- 5/13/93
 /CONTACT: Neville Vere Nicoll or David Kempf of Soricon, 303-440-2800; or Carl Thompson of Carl Thompson Associates, 303-494-5472, for Soricon/
 (SRCC)


CO: Soricon Corp. ST: Colorado IN: SU:

BB -- DV002 -- 8052 05/13/93 11:18 EDT
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Publication:PR Newswire
Date:May 13, 1993
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