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MAI SYSTEMS CORP. ANNOUNCES AGREEMENT TO SELL GERMAN, AUSTRIAN AND SWISS OPERATING SUBSIDIARIES

 MAI SYSTEMS CORP. ANNOUNCES AGREEMENT
 TO SELL GERMAN, AUSTRIAN AND SWISS OPERATING SUBSIDIARIES
 TUSTIN, Calif., Oct. 21 /PRNewswire/ -- MAI Systems Corp. (NYSE: MCO) announced that it signed a definitive sale agreement yesterday for the sale of its German, Austrian and Swiss operating subsidiaries, on the terms previously announced. The closing is scheduled to occur on Nov. 10, 1992, and is subject, among other things, to completion of financing documentation and to negotiation of U.S. and Canadian bank arrangements satisfactory to the company.
 MAI combines market-specific application software solutions with its own and industry-standard operating system software, network products, horizontal software and computer hardware into multiuser business computer systems for use by businesses throughout the world. MAI has shipped more than 45,000 systems into the 35 countries in which its products are marketed.
 -0- 10/21/92
 /CONTACT: Peter S. Anderson of MAI Systems, 714-730-2242/
 (MCO) CO: MAI Systems Corp. ST: California IN: CPR SU:


BP-JL -- LA025 -- 3145 10/21/92 17:12 EDT
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Publication:PR Newswire
Date:Oct 21, 1992
Words:165
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