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GMIS DECLARES 3-FOR-2 STOCK SPLIT

 MALVERN, Pa., Jan. 5 /PRNewswire/ -- GMIS Inc. (NASDAQ: GMIS) announced today that its board of directors had declared a 3-2 stock split in the form of a 50 percent stock dividend, payable on Jan. 31, 1993, to stockholders of record on Jan. 15.
 If a stockholder is contemplating a sale from the record date to the payable date, he should consult his broker as to his entitlement to the split shares.
 GMIS is the leading provider of automated cost containment products and services to the insurance industry. GMIS' current customer list of more than 170 leading insurers includes 16 of the top 25 commercial insurers, eight of the 12 largest HMOs and more than half of the Blue Cross and Blue Shield plans in the country.
 /delval/
 -0- 1/5/93
 /CONTACT: Jeffrey Stello of GMIS, 215-296-3838, ext. 1101/
 (GMIS)


CO: GMIS Inc. ST: Pennsylvania IN: HEA SU:

MK-CC -- PH019 -- 1858 01/05/93 15:35 EST
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Publication:PR Newswire
Date:Jan 5, 1993
Words:157
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