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ICOA INC. RESUMES TRADING UNDER NEW MANAGEMENT AFTER ACQUIRING GO FAX

 ICOA INC. RESUMES TRADING UNDER NEW MANAGEMENT
 AFTER ACQUIRING GO FAX
 WARWICK, R.I., May 11 /PRNewswire/ -- ICOA, INC. (NASDAQ: ICOA) has resumed trading under new management after acquiring Gofax, Inc., a telecommunications company, as a wholly owned subsidiary.
 ICOA, INC. designs, assembles, manufactures and markets the GoFax AUTOMATED FACSIMILE MACHINE (A.F.M.), the state-of-the-art Public facsimile and telephone unit operated by credit card. The unit is available to customers worldwide for use by the public in hotels, airline lounges, business centers, office buildings and complexes, court houses, conference centers, university buildings, supermarkets, convenience stores, apartment complexes, post offices, bank ATM lobbies, trains, planes, cruise ships, etc..
 The company is headquartered at 190 Commerce Drive, Warwick, R.I. Information is available upon request. Manufacturing is done in nearby Rockland, Mass.
 -0- 5/11/92
 /CONTACT: Gary V. Finck, 401-737-3250/
 (ICOA) CO: ICOA, INC. ST: Rhode Island IN: TLS SU: TNM


TM -- NE004 -- 8413 05/11/92 08:06 EDT
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Publication:PR Newswire
Date:May 11, 1992
Words:160
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