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APPOINT TECHNOLOGIES ANNOUNCES AGREEMENT AND FINANCING FOR ACQUISITION OF AMT INTERNATIONAL INDUSTRIES

 ANAHEIM, Calif., May 24 /PRNewswire/ -- Appoint Technologies Inc. (NASDAQ: APNT) announced the execution of a definitive agreement for the acquisition of AMT International Industries Inc., of Huntington Beach, Calif. The completion of the merger is subject to the approvals of the shareholders of both companies. A special meeting of the shareholders of Appoint Technologies will be held in July. Financing to complete the transaction and provide additional working capital has been arranged through Renaissance Capital Group Inc. of Dallas.
 The agreement provides that Appoint Technologies will acquire AMT International for approximately 1,000,000 shares of Appoint Technologies' common stock and the assumption of certain obligations, including $1,300,000 in term debt. The acquisition will be consummated upon receipt of the required approvals.
 AMT International designs, manufactures and sell high-performance mixed-signal (combined analog and digital) products, principally for use with personal computers in business and industrial applications. The company recently began shipments of the AMT StarCard, a line of credit-card sized modems designed to the PCMCIA standard, for use with laptop personal computers.
 According to Joseph C. Picken, president and chief executive officer of Appoint Technologies, "The acquisition of AMT International will immediately broaden our offering to the computer peripherals market with a full line of high-performance modem products. We look forward to the opportunity to combine Appoint's skills in electro-mechanical miniaturization and AMT's expertise in the design and manufacture of miniaturized high-performance electronic devices in a number of exciting new products for the portable computer market."
 Appoint Technologies Inc. is the parent company of Appoint Inc. and Standard Logic Inc. Appoint designs, manufactures and markets advanced technology, high-dexterity pointing devices (computer mouse products) for IBM-compatible and Apple Macintosh desktop and portable computers. Standard Logic Inc. specializes in the development and sale of both standard and custom products (circuit boards, software and services) to the electronic packaging industry.
 -0- 5/24/93
 /CONTACT: Joseph C. Picken, president and CEO of Appoint Technologies, 805-239-8976; or Shannon T. Squyres, president of Corporate Relations Group, 714-955-1860, for Appoint Technologies/
 (APNT)


CO: Appoint Technologies Inc.; AMT International Industries Inc. ST: California IN: CPR SU: TNM

JB-EH -- LA013 -- 1710 05/24/93 12:32 EDT
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Date:May 24, 1993
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