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SYMIX SYSTEMS ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM

 COLUMBUS, Ohio, Sept. 9 /PRNewswire/ -- The board of directors of Symix Systems, Inc. (NASDAQ: SYMX), extended the program to repurchase, from time to time on the open market or in privately negotiated transactions, shares of Symix's common stock and increased the number of shares which may be purchased up to 400,000 shares. The timing of purchases and actual number of shares purchased will depend on market conditions. The shares will be held as treasury shares and will thereafter be available for general corporate purposes. Any purchases will be made prior to Nov. 30, 1993, unless the program is extended further. The board of directors still believes that Symix's common stock is currently undervalued and that a repurchase would benefit the company, its shareholders and employees.
 Symix Systems, Inc. designs, develops, markets and supports The SYMIX Solution, a fully integrated manufacturing and financial management system currently in use at 1,600 installations. Founded in 1979, Symix has 34 offices and over 50 business partners worldwide.
 -0- 9/9/93
 /CONTACT: Bradford W. Payne of Symix Systems, 614-523-7379/
 (SYMIX)


CO: Symix Systems, Inc. ST: Ohio IN: CPR SU:

KL -- CL022 -- 0442 09/09/93 15:58 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
Words:196
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