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IDC HOLDINGS LTD. ESTABLISHES NEW MANAGEMENT TEAM

 MINNEAPOLIS, Sept. 21 /PRNewswire/ -- IDC Holdings, Ltd. (formerly Impression Delivery Corporation) announced today that it has reached a settlement agreement in connection with a complaint against the company and several of its officers and employees. As previously announced, the complaint sought relief in excess of $50,000. The settlement amount is not of material impact to the company.
 IDC Holdings, Ltd., is a publicly traded holding company with subsidiaries engaged in gaming, biotechnology, the food industry and advertising specialities. The company's common stock is listed in the Pink Sheets.
 -0- 9/21/93
 /CONTACT: John I. Priscella, chairman & CEO; Gene Nelson, president; or Tom de Petra, VP, communications, IDC Holdings, 612-541-1100/


CO: IDC Holdings, Ltd. ST: Minnesota IN: SU: PER

DB-KH -- MN018 -- 4403 09/21/93 17:39 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
Words:129
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