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AUDRE RECOGNITION SYSTEMS MOVES UP TO THE AMERICAN STOCK EXCHANGE; PREVIOUSLY TRADED ON THE EMERGING COMPANY MARKETPLACE

 NEW YORK, March 4 /PRNewswire/ -- The American Stock Exchange today announced that the common stock of Audre Recognition Systems Inc. of San Diego, listed since March of last year on the AMEX's Emerging Company Marketplace (ECM), has been approved for trading on the exchange's primary list. Trading under ticker symbol "ARS," the stock opened at the 9:30 a.m. bell today. J. Streicher & Co. will continue as the company's specialist firm.
 Thomas F. Casey, chairman and chief executive officer of Audre Recognition Systems Inc., commented, "Moving from the Emerging Company Marketplace and achieving acceptance on the American Stock Exchange primary list is an important milestone in Audre's development. Audre expects to add to their visibility within the national and international investment communities, creating significant long-term benefits for Audre and their shareholders."
 James R. Jones, chairman and chief executive officer of the American Stock Exchange, said, "Audre Recognition System's graduation is truly a testimony to the ongoing success of the ECM." He added, "We believe that more and more young companies like Audre will acknowledge the efficiencies inherent in the auction market, which provide the trading environment and visibility vital to their continued growth."
 Audre, the seventh ECM company to join the nearly 900 companies fully qualified for AMEX listing, recently announced a software licensing agreement with Eastman Kodak that expands the company's presence on the Department of Defense's Automated Document Management and Publishing System (ADMAPS). ADMAPS will use Audre's most powerful UNIX-based information conversion technology to convert technical manuals, engineering drawings, and schematics for the Defense Printing Service.
 Audre, a 10-year old concern, is a leader in the field of automated conversion. The company designs, develops, and markets a line of proprietary applied intelligence-based software systems. Audre's products are used to convert engineering drawings, technical publications, and maps into computer-intelligent formats.
 The Emerging Company Marketplace was created to provide companies in their growth stages with the full benefits of the auction market system. The American Stock Exchange is committed to becoming the recognized, premier marketplace for growth companies and derivative securities. By responding to listed company needs and initiating quality services, the AMEX finds innovative ways to add value to the expanding community of companies and investors it serves.
 -0- 3/4/93
 /CONTACT: Paul Nobile of Amex, 212-306-2028/
 (ARS)


CO: Audre Recognition Systems Inc. ST: California IN: CPR SU:

CK -- NY049 -- 2923 03/04/93 11:09 EST
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Publication:PR Newswire
Date:Mar 4, 1993
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