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INTERACTIVE TERMINALS INC. ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

INTERACTIVE TERMINALS INC. ANNOUNCES COMPLETION OF PRIVATE PLACEMENT
 KENT, Wash., Jan. 7 /PRNewswire/ -- Interactive Terminals Inc., d/b/a Movie Box, announced that on Dec. 30, 1991, it completed a private placement of equity securities realizing gross proceeds of $875,000. Paulson Investment Co. Inc. acted as placement agent for the financing. The securities were not registered under the Securities Act of 1933.
 Interactive Terminals designs and operates videocassette dispensing machines under the trademark "Movie Box." The common stock of Interactive Terminals is traded in the over-the-counter market under the symbol "IATM".
 -0- 1/7/92
 /CONTACT: William C. Newell of Interactive Terminals Inc., 206-251-3717/ CO: Interactive Terminals Inc.; Movie Box ST: Washington IN: ENT SU:


JH-SC -- SE004 -- 7176 01/07/92 08:32 EST
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Publication:PR Newswire
Date:Jan 7, 1992
Words:125
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