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THE FUTURE NOW, INC. PLANS OFFERING OF SHARES TO THE PUBLIC

 CINCINNATI, March 1 /PRNewswire/ -- The Future Now, Inc. (NASDAQ: FNOW) announced today that it has filed a registration statement with the Securities and Exchange Commission covering a proposed public offering, expected at the end of March, of 1,667,500 common shares. Of the total 1,467,500 are being offered by the Company and 200,000 are being offered by selling shareholders. Included as part of the shares offered by the Company are 217,500 shares which the Underwriters have the option to purchase to cover over-allotments, if any.
 William Blair & Company and The Ohio Company will co-manage the underwriting group. The net proceeds from the sale of all of the shares offered by the Company, after deducting the underwriting discount and offering expenses payable by the Company, are estimated to be approximately $17.6 million (approximately $15.0 million if the Underwriters' over-allotment is not exercised). The proceeds initially will be applied to repay certain of the Company's outstanding debt. Amounts then available under the Company's borrowing facility may be used for general corporate purposes, including possible acquisitions.
 The Future Now, Inc. sells, installs and services microcomputers, UNIX workstations, products and turn-key local and wide area network systems, computer software and peripheral products for business, professional, educational and governmental customers. The Company also offers a wide range of sophisticated customer support and consulting services. The Company has 23 branch sales offices in 15 states.
 A registrations statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the prospectus may be obtained from William Blair & Company, 135 South LaSalle, Chicago, Illinois 60603, Attention: Syndicate Department (telephone: 312-236-1600) or from The Ohio Company, 155 E. Broad Street, 20th Floor, Columbus, Ohio, 43215, Attention: Syndicate Department (telephone: 614-464-6811).
 -0- 3/1/93
 /CONTACT: David L. Durham, vice president and chief financial officer of The Future Now, Inc., 513-792-4500/
 (FNOW)


CO: The Future Now, Inc. ST: Ohio IN: MTC SU:

LC -- CL017 -- 1495 03/01/93 14:08 EST
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Publication:PR Newswire
Date:Mar 1, 1993
Words:414
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