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UNIQUEST ANNOUNCES PRJ&, INC. MERGER

 JACKSONVILLE, Fla., May 21 /PRNewswire/ -- UNIQUEST Incorporated (NASDAQ: UQST) announced today the closing of the merger of PRJ&, Inc. (PRJ&), the leading provider of retail software solutions to large mainframe users, with a wholly owned subsidiary of UNIQUEST. PRJ&, located in Richmond, Calif., produced revenues of $16 million during the last 12 months. The company specializes in providing retailers with information systems and credit management solutions.
 Prior to this merger, PRJ& reorganized their operations into two distinct and separate corporations. The two new corporations are PRJ&, Inc., focusing on software and related services, and QuickResponse Services, Inc. The QuickResponse Services company is not part of this merger and will continue to do business as a stand alone corporation focusing on The UPC Catalog and EDI services.
 Current PRJ& products include the Retail Information System (RIS), which delivers a complete merchandise information solution to customers, including merchandise acquisition, distribution, performance analysis, and planning, as well as financial analysis. Credit Management Solutions (CMS), another PRJ& offering, combines an effective credit management application with a real time customer demographic data display which provides retail sales associates with a proactive selling advantage. PRJ& has over 60 customers worldwide, including Disney, Fred Meyer, Sears Mexico, Coles Myer Australia, Eaton's in Canada, WH Smith in the UK, and Globus in Switzerland.
 Pursuant to the terms of the merger agreement, UNIQUEST will exchange approximately $6.8 million of its common stock, pay $1.2 million in cash, and issue secured promissory notes for $4.8 million for all common stock outstanding of PRJ&.
 According to August P. Klein, chairman, president, and chief executive officer of UNIQUEST, "Bringing PRJ& into the UNIQUEST family is a significant step in our growth strategy. Their expertise in serving the needs of large retail organizations complements our current position as a leading provider to small and medium size retailers. This firmly establishes UNIQUEST as the solution source for all of the retail industry. Equally important is the fact that we now add a comprehensive credit management solution to our business as well as establishing a strong presence in the Pacific Rim market."
 UNIQUEST Incorporated is a leading provider of integrated software applications, systems, and services to targeted markets including the retail, hospitality, healthcare, and distribution industries worldwide. The UNIQUEST family of solutions uses advanced technology to help customers run their businesses better by improving critical day-to-day management, increasing operational efficiencies, and enhancing revenue growth for improved operations and profitability.
 -0- 5/21/93
 /CONTACT: Chuck Gillum of UNIQUEST, 904-363-0103; or Peter R. Johnson of PRJ&, 510-215-3700; or Rod O'Connor of Cameron Associates, 212-644-9560, for UNIQUEST/
 (UQST)


CO: UNIQUEST Incorporated; PRJ&, Inc. ST: Florida, California IN: CPR SU: TNM

JB-CM -- FL002 -- 1085 05/21/93 08:51 EDT
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Publication:PR Newswire
Date:May 21, 1993
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