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IMMEDIA INFOMATIC FINALIZES ACQUISITION OF MPACT EDI SYSTEMS

 MONTREAL, Nov. 23 /PRNewswire/ -- Immedia Infomatic Corporation ("Immedia") (Montreal: IFM) of Montreal, and Tandem Computers Incorporated ("Tandem") (NYSE: TDM) announced today the completion of all financial arrangements relating to the acquisition of MPACT EDI
Systems, Inc. ("MPACT") from Tandem. According to the agreement,


Tandem acquired an approximate 19 percent share of the company on June 30, 1993, becoming the largest single shareholder.
 Under Immedia's financing, 2,640,000 common shares and 2,640,000 purchase warrants are to be distributed upon exercise of previously issued Special Warrants. Each Special Warrant was issued at a price of Can. $2.50, and is exchangeable at no additional cost for one common share and one purchase warrant of Immedia stock. Each warrant entitles the holder to purchase one common share of Immedia stock, at a price of Can. $3, on or before Nov. 17, 1996.
 Immedia merged its operations with MPACT when the purchase agreement was signed on June 30, 1993, and now operates as one company under the name MPACT Immedia. Based in Montreal, MPACT Immedia provides worldwide Electronic Commerce software and services to a variety of industries including, transportation, retail, manufacturing, and government. The Immedia express and interconnexions product lines offer software and services that facilitate transparent, low-cost communications between a wide range of E-Mail products residing on a variety of diverse platforms including personal computers (PC and Macintosh), LANs, mainframes, and minicomputers. The MessageWay product line provides software and technology integration services for message management, communications, and EDI translation.
 Immedia Infomatic Corporation is traded publicly and maintains offices in both the United States and Canada.
 -0- 11/23/93
 /CONTACT: Phillip J. Sweatman, vice president, Finance and chief financial officer, MPACT Immedia, 313-462-2244; or Tom Waldrop, Public Relations, Financial of Tandem Computers Incorporated, 408-285-7277/
 (IFM. TDM)


CO: Immedia Infomatic Corporation; Tandem Computers Incorporated;
 MPACT EDI Systems, Inc. ST: Quebec IN: CPR SU: TNM


JG -- DE040 -- 7451 11/23/93 18:03 EST
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Publication:PR Newswire
Date:Nov 23, 1993
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