FUTURE COMMUNICATIONS RECEIVES RELEASE OF JUDGMENT FROM PHILIPS CREDIT CORP.
DALLAS, Sept. 16 /PRNewswire/ -- Future Communications Inc. (NASDAQ-NMS: FCMI) announced today it has filed a Form 8-K with the Securities and Exchange Commission confirming settlement of the $2.96 million Philips Credit Corp. judgment. The Release of Judgment releases Future Communications from any and all liability to Philips Credit Corp. or any other party and obviates any orders pursuant to the judgment. -0- 9/16/93 /CONTACT: David Gorman, 214-243-2268/ (FCMI)
CO: Future Communications, Inc. ST: Texas IN: SU:
EH -- LA016 -- 2710 09/16/93 13:23 EDT