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METROVISION OF NORTH AMERICA, INC. OFFERS WARRANT HOLDERS A REDUCTION IN EXERCISE PRICE

 SYRACUSE, N.Y., Feb. 17 /PRNewswire/ -- MetroVision of North America, Inc. (NASDAQ: MVTV) announced today that for a period of 60 days only, from Feb. 17, 1993, until April 17, 1993, it is offering its warrant holders a reduction from $5.00 to $1.75 per share in the exercise price of its redeemable common stock purchase warrants (NASDAQ: MVTVW). Following the above period, the exercise price will return to $5.00 per share.
 MetroVision owns and operates the Commuter Channel, the only wired- cable video network for the commuter rail market, and the Flight Channel for the airport market. The Commuter Channel is currently installed in the PATH System in New York/New Jersey, the CTA in Chicago, the BART System in San Francisco, the SEPTA System in Philadelphia, and the McKinney Transportation Center in Stamford, Conn., serving both Metro- North and Amtrak; and MetroVision is pilot testing the channel in the LIRR (Long Island Railroad) System in New York. In addition, MetroVision has recently been awarded the contract to install the Commuter Channel in Boston for the MBTA (Massachusetts Bay Transportation Authority). The Flight Channel is installed in the Syracuse Hancock International Airport, has commenced operations at LaGuardia Airport, New York, and is in the installation process at Newark and JFK International Airports.
 -0- 2/17/93
 /CONTACT: Robert F. Hussey, chief executive officer of MetroVision, 212-370-3096/
 (MVTV)


CO: MetroVision of North America, Inc. ST: New York IN: ENT SU:

CK-GK -- NY029 -- 7206 02/17/93 10:11 EST
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Publication:PR Newswire
Date:Feb 17, 1993
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