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BCAM International, Inc. extends the expiration date of class B and class E warrants.

MELVILLE, N.Y.--(BUSINESS WIRE)--Dec. 23, 1996--BCAM International, Inc. (NASDAQ: BCAM), today announced that it will extend the January 16, 1997 expiration date of its Class B and Class E Warrants, to January 17, 1998. The conversion rates and conversion prices for these securities will be as follows:

Class B Warrants (NASDAQ: BCAML) will have a conversion rate of 1.2 shares of common stock per Class B Warrant, the conversion price will be $1.50 up to the expiration date January 17, 1998. Class E Warrants (NASDAQ: BCAMZ) have a conversion rate of 1.1 shares of common stock per Class E Warrant and the conversion price will be $1.25 up to the expiration date January 17, 1998. The Class B and Class E warrants are subject to redemption by the Company at any time, on not less than 30 days prior written notice at $.05 per Warrant if: (1) the average Exercise Price of the Common Stock exceeds the applicable average closing bid price for any period of 30 consecutive business days ending within 15 days prior to the date of the notice of redemption , and (2) the Company has in effect a current prospectus covering the Common Stock issuable upon exercise of the Class B and Class E Warrants.

BCAM International, Inc. is a software technology company, specializing in ergonomic solutions for major industries and governments.

CONTACTS: Michael Strauss

BCAM International, Inc.

(516) 752-3550

or

Stanley Altschuler/Donald Weinberger

Strategic Growth International, Inc.

(516) 829-7111
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Publication:Business Wire
Date:Dec 23, 1996
Words:250
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