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FONIC RETAINS NEW TRANSFER AGENT

 NEW YORK, Feb. 3 /PRNewswire/ -- Fonic, Inc. (NASDAQ: FONCF), today announced that OTC Stock Transfer Company has been retained as Fonic's new transfer agent effective Feb. 2, 1993. OTC Stock Transfer is located at 9 Field Ave., Hicksville, NY 11801, telephone 516-433-6503. The company's former transfer agent, Continental Stock Transfer & Trust Company, resigned Jan. 28, 1993.
 Fonic, Inc., through its subsidiaries, is engaged in the design, development, manufacture, assembly and marketing of consumer audio and video products, including stereo radio double cassette recorders, citizen band and multiband radios, mini music systems, Hi-Fi systems, amplifiers, video cassette players and recorders, and television sets. Telecommunications products sold, engineered or manufactured by the company include "TACS" system cellular phone exchange switches, portable telephone sets and paging receivers.
 -0- 2/3/93
 /CONTACT: Sam Witchel of Scharff, Witchel & Co., 212-983-1060, for Fonic/
 (FONCF)


CO: Fonic, Inc. ST: New York IN: CPR SU:

GK-LR -- NY065 -- 2459 02/03/93 13:46 EST
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Publication:PR Newswire
Date:Feb 3, 1993
Words:157
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