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BARRISTER ANNOUNCES REVERSE STOCK SPLIT AND CONVERSION OF PREFERRED B STOCK INTO COMMON STOCK

 BARRISTER ANNOUNCES REVERSE STOCK SPLIT AND CONVERSION OF
 PREFERRED B STOCK INTO COMMON STOCK
 BUFFALO, N.Y., Dec. 19 /PRNewswire/ -- Barrister Information Systems Corporation (AMEX: BIS) ("Barrister"), announced a one-for-six reverse stock split of the company's Common Stock. The reverse stock split is effective at the close of business on Dec. 20, 1991. Prior to the reverse split, Barrister has 5,263,977 shares of Common Stock outstanding. After the reverse split, Barrister's shares of New Common Stock will be 877,330.
 In addition, Barrister announced the conversion of all Preferred B Stock into New Common Stock on a post-split basis, converting 36,770 shares of Preferred B Stock into 1,470,800 shares of New Common Stock. After conversion of the Series B Preferred and reverse split of the Common Stock, the total New Common Stock outstanding will be 2,348,130 shares.
 -0- 12/19/91
 /CONTACT: Mark C. Donadio of Barrister, 716-845-5010/
 (BIS) CO: Barrister Information Systems Corporation ST: New York IN: CPR SU:


CG -- CL013 -- 3938 12/19/91 13:18 EST
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Publication:PR Newswire
Date:Dec 19, 1991
Words:176
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