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DOLLAR TIME GROUP ANNOUNCES GROUP INVESTMENT IN THE COMPANY

 MIAMI, March 9 /PRNewswire/ -- Dollar Time Group, Inc. (NASDAQ: DLRT) today reported that an investment group headed by Turnberry Isle residents Gerald L. Cohn and Robert I. Green have privately invested almost $2 million of equity and debt into the company.
 William F. McConnell, chairman of the company, stated, "Both Mr. Cohn and Mr. Green have a national reputation for making investments in early stage growth companies. This will assist us in meeting our aggressive growth goals for the next year which includes almost doubling the number of present stores."
 Dollar Time Group, Inc., a leading operator of retail close-out variety stores where all items are priced at $1, operates 35 retail locations in 12 states. The company's stores offer a constantly changing variety of brand name and generic products, including health and beauty aids, toys, housewares, jewelry, books, candy and snacks, hardware, stationery, novelties and pet supplies.
 -0- 3/9/93
 /CONTACT: Gary Kaminsky of Dollar Time Group, Inc., 305-770-0605/
 (DLRT)


CO: Dollar Time Group, Inc. ST: Florida IN: REA SU:

SS-AW -- FL001 -- 4349 03/09/93 08:28 EST
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Publication:PR Newswire
Date:Mar 9, 1993
Words:181
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