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COGNITRONICS CORP. WILL REPURCHASE UP TO 100,000 SHARES OF ITS COMMON STOCK

 STAMFORD, Conn., May 13 /PRNewswire/ -- Cognitronics Corporation (AMEX: CGN) announced today that its board had authorized the purchase of up to 100,000 shares of its common stock.
 The shares would be purchased from time to time at prices then prevailing in open market transactions on the American Stock Exchange, in block purchases or in privately negotiated transactions. Any repurchased shares will be retained as treasury shares for future purposes.
 The price of Cognitronics common stock closed at $7-1/4 on Wednesday, May 12, 1993. There are 3,281,771 common shares of Cognitronics outstanding.
 Cognitronics is a leading manufacturer and supplier of voice processing equipment, including telephone network and call management announcement products and interactive voice response (IVR) systems, to telephone operating companies, original equipment manufacturers and commercial end-users.
 -0- 5/13/93
 /CONTACT: Harold F. Mayer of Cognitronics Corporation, 203-327-5307/
 (CGN)


CO: Cognitronics Corporation ST: Connecticut IN: TLS SU:

WB -- NY062 -- 8164 05/13/93 13:50 EDT
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Publication:PR Newswire
Date:May 13, 1993
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