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COMPUTER NETWORK TECHNOLOGY COMPLETES ACQUISITION OF UK DISTRIBUTOR

COMPUTER NETWORK TECHNOLOGY COMPLETES ACQUISITION OF UK DISTRIBUTOR
 MAPLE GROVE, Minn., July 27 /PRNewswire/ -- Computer Network Technology Corporation (CNT) (NASDAQ-NMS: CMNT) today announced that it has completed the acquisition of all of the outstanding shares of its independent distributor in the United Kingdom, Computer Network Technology International Limited (CNTI). The aggregate purchase price was 215,000 shares of CNT's common stock. CNTI, which had revenues in 1991 of 1.8 million pounds sterling (approximately $3.2 million), is headquartered near London.
 Computer Network Technology Corporation develops, manufactures and markets high-speed extended channel networking products for the interconnection of mainframe computers, data base computers and peripheral devices over unlimited distances. The company's common stock is traded on the NASDAQ National Market System under the symbol CMNT.
 -0- 7/27/92
 /CONTACT: John R. Brintnall of CNT, 612-550-8000/
 (CMNT) CO: Computer Network Technology Corporation; Computer Network
 Technology International Limited ST: Minnesota IN: CPR SU: TNM


KH -- MN004 -- 3521 07/27/92 12:24 EDT
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Publication:PR Newswire
Date:Jul 27, 1992
Words:162
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