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INFOTRAX COMMUNICATIONS ANNOUNCES EXTENSION OF ITS CLASS B WARRANTS

INFOTRAX COMMUNICATIONS ANNOUNCES EXTENSION OF ITS CLASS B WARRANTS
 MT. LAUREL, N.J., March 4 /PRNewswire/ -- Infotrax Communications, Inc. (OTC) today announced an extension of the date upon which its Class B warrants must be exercised to Sept. 30, 1992.
 Pursuant to a prospectus dated March 8, 1989, the Class B warrants, which entitle the holder thereof to purchase one share of common stock at a price of $2.00 per share, were to have expired on March 8, 1991. The company had previously extended the exercise date of the Class B warrants to March 31, 1992.
 In conjunction with the extension of the Class B warrants, the company has elected to temporarily postpone previously announced plans to consider an exchange offer of its Class B warrants and units consisting of securities to be issued. A spokesman for the company stated, "Under the present circumstances, management does not believe that the exchange offer would be productive; however, an evaluation will be made in the near term to decide whether to terminate or reinitiate considerations regarding such an exchange offer."
 In an unrelated matter, the company has accepted the resignation of Ronald Slack as a director, effective Feb. 28, 1992.
 /delval/
 -0- 3/4/92
 /CONTACT: Donald Hellinger of Infotrax Communications, 609-234-3757/ CO: Infotrax Communications, Inc. ST: New Jersey IN: SU:


MP-KA -- PH022 -- 5098 03/04/92 16:10 EST
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Publication:PR Newswire
Date:Mar 4, 1992
Words:229
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