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INTERFACE SYSTEMS, INC. ANNOUNCES THE SPIN-OFF OF NEMATRON CORPORATION

 ANN ARBOR, Mich., Feb. 12 /PRNewswire/ -- Interface Systems, Inc. (NASDAQ-NMS: INTF) announced today that it has received final approvals from the Securities and Exchange Commission permitting the spin-off of its wholly owned subsidiary, Nematron Corporation, a manufacturer of industrial workstations, to Interface shareholders.
 Carl L. Bixby, president of Interface Systems, Inc., said, "The record date for the spin-off is Feb. 17, 1993, and the shares are to be mailed on Feb. 26, 1993." Interface shareholders will receive an information statement very soon. Each Interface shareholder on the record date will receive one share of Nematron common stock for each three shares of Interface Systems, Inc. held. The Nematron shares should trade on the NASD Small Cap market. Interface Systems, Inc. will continue to be listed on the NASDAQ National Market System.
 Bixby continued, "Following the spin-off, the two companies will be entirely separate and will direct all their attention to their respective markets."
 Ann Arbor-based Interface Systems provides printing and connectivity solutions for IBM enterprise networks. The company manufacturers a full line of printers for use with IBM mainframe and midrange computers, as well as software and hardware for linking personal computers, workstations, and midrange systems to IBM mainframe-based networks.
 -0- 2/12/93
 /CONTACT: Carl L. Bixby, president, Interface Systems, Inc., 313-769-5900/
 (INTF)


CO: Interface Systems, Inc.; Nematron Corporation ST: Michigan IN: CPR SU: RCN

KE -- DE005 -- 6147 02/12/93 12:23 EST
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Publication:PR Newswire
Date:Feb 12, 1993
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