Printer Friendly

MICRODISK SERVICES TO ACQUIRE EXMARK

 MICRODISK SERVICES TO ACQUIRE EXMARK
 WOODINVILLE, Wash., Sept. 14 /PRNewswire/ -- MicroDisk Services , a


software manufacturing services firm based in Woodinville, announced today it has signed a letter of intent to acquire substantially all of the assets of Exmark Corp., of Monroe, Wash., for approximately $1.0 million in cash and notes.
 The acquisition of Exmark will provide MicroDisk with an entrance to the Northwest's non-software packaging market, according to K.C. Aly, MicroDisk's chairman.
 Exmark was founded in 1988 and recorded revenues of approximately $1.4 million in 1991. The company, which operates a 35,000-square-foot facility at the Twin Rivers Correctional Center in Monroe, employs 80 inmates and 15 civilian staff members according to Naomi Lieurance, Exmark's president.
 MicroDisk is a subsidiary of Prism Group Inc. (OTC Pink Sheets), based in Sarasota, Fla. Prism trades in the over-the-counter market under the symbol PSMG.
 -0- 9/14/92
 /CONTACT: Brad Tedeschi of Prism Group, 206-889-4457; or K.C. Aly of MicroDisk Services, 206-881-1609; or Naomi Lieurance of Exmark, 206-794-6246/
 (PSMG) CO: Prism Group Inc.; MicroDisk Services; Exmark Corp. ST: Washington IN: CPR SU: TNM


LM-SF -- SE011 -- 9353 09/14/92 18:04 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 14, 1992
Words:193
Previous Article:CARTER HAWLEY HALE PLAN OF REORGANIZATION CONFIRMED; COMPANY TO EMERGE FROM BANKRUPTCY IN EARLY OCTOBER
Next Article:THE COOPER COMPANIES REPORTS THIRD QUARTER RESULTS
Topics:


Related Articles
MICRODISK DRIVES, FLASH MEMORY CARS BATTLE FOR $12 BILLION BY 1998
PRISM GROUP REPORTS 1992 SECOND-QUARTER EARNINGS
SOFTWARE PRODUCTION JOINS PRISM GROUP
PRISM GROUP INC. APPROVED FOR NASDAQ LISTING
W. LEE PRYOR ELECTED CHAIRMAN OF PRISM GROUP INC.
PRISM GROUP INC. REPORTS 1992 THIRD-QUARTER EARNINGS
PRISM GROUP ACQUIRES SOFTWARE PRODUCTION INC.; ANNOUNCES RENAISSANCE INVESTMENT, ALY ELECTED CHIEF EXECUTIVE OFFICER
PRISM REPORTS 1994 RESULTS
Toro Completes Acquisition of Exmark; Will Operate as Separate Company
Toro Announces Leadership Transition at Exmark.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters