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(MAI SYSTEMS CORPORATION PRESS RELEASE)

 (MAI SYSTEMS CORPORATION PRESS RELEASE)
 TUSTIN, Calif., Nov. 11 /PRNewswire/ -- MAI Systems Corporation


(NYSE: MCO) announced today that it has received notice from Candover PLC, the European management buyout firm which had been negotiating for the purchase of the Company's German, Austrian and Swiss operating subsidiaries, that it will not complete the transaction on the terms agreed. The Company, which is continuing discussions with other investors involved in the transaction to determine if there is a revised basis upon which a transaction can be completed, also intends to open discussions with other potential buyers. However, there is no assurance that a sale of the Company's Central European operations can be completed in the foreseeable future. Robert J. Amman, Vice Chairman of the Company, stated: "We are convinced that Candover had no legal justification for its conduct and we are exploring the possibility of appropriate legal action to recover any damages suffered by the Company and its subsidiaries as a result of Candover's withdrawal."
 MAI Deutschland, the Company's German operating subsidiary, currently has outstanding loans of DM 19.8 million (approximately $12.5 million), including DM 6.6 million which is due November 26, 1992. Meetings are being held with the lenders to the Company's German subsidiary to seek a rescheduling of this indebtedness. The Company is also currently engaged in discussions with its U.S. and Canadian lenders with a view toward working out appropriate amendments to the Company's Credit Agreements, under which approximately $77 million plus interest is currently outstanding, which will permit the company to continue operations. The Company cannot predict the outcome of any such discussions.
 -0- 11/11/92
 /CONTACT: Peter S. Anderson of MAI Systems, 714-730-2241/
 (MCO) CO: MAI Systems Corp.; Candover plc ST: California IN: CPR SU:


JL-JB -- LA035 -- 9959 11/11/92 20:03 EST
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Publication:PR Newswire
Date:Nov 11, 1992
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