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ACS ENTERPRISES ANNOUNCES PUBLIC OFFERING

 BENSALEM, Pa., Dec. 15 /PRNewswire/ -- ACS Enterprises, Inc. (NASDAQ: ACSED) announced today that its public offering of 1 million shares of common stock has been priced at $11.25 per share.
 The anticipated closing date for the offering is Dec. 22, and the company said it expects to realize approximately $9.8 million in net proceeds from the offering. Gerard Klauer Mattison & Co., Inc. is acting as lead managing underwriter and Gruntal & Co., Incorporated is acting as co-managing underwriter for the issue.
 The company's common stock presently is traded on NASDAQ under the symbol "ACSED" and on the Boston Stock Exchange under the symbol "ENT." The company said it expects that on or before Dec. 31, the company's NASDAQ trading symbol will then be "ACSE."
 The company is a wireless cable television system operator which provides television programming to single family homes, apartments and condominium associations in the Philadelphia metropolitan area. Additionally, the company provides its service via satellite master antenna systems to multiple dwelling units outside the Philadelphia metropolitan area. The programming format consists of all locally available channels broadcast on the VHF/UHF bands, and programming received via satellite such as HBO, ESPN, CNN, MTV, USA and WTBS.
 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
 /delval/
 -0- 12/15/92
 /CONTACT: Alan Sonnenberg, chairman and chief executive officer of ACS Enterprises, 215-245-4900/
 (ACSE)


CO: ACS Enterprises, Inc. ST: Pennsylvania IN: ENT SU: OFR

MJ-CC -- PH018 -- 4676 12/15/91 12:45 EST
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Publication:PR Newswire
Date:Dec 15, 1992
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