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MONITERM ANNOUNCES REDUCTION IN WORKFORCE

 MONITERM ANNOUNCES REDUCTION IN WORKFORCE
 MINNETONKA, Minn., Dec. 16 /PRNewswire/ -- Moniterm Corporation


(NASDAQ: MTRMQ) announced today the layoff of 15 employees at its Minnetonka facility. The layoff, which amounts to 20 percent of the workforce, included employees primarily in engineering, marketing and administration.
 In addition, the company stated that it will reduce its manufacturing operations and would likely cease manufacturing of its high resolution monitors and systems by February 1992.
 The company is actively seeking purchasers for all of its businesses and assets.
 -0- 12/16/91
 /CONTACT: John D. McClung of Moniterm Corporation, 612-935-4151/
 (MTRMQ) CO: Moniterm Corporation ST: Minnesota IN: SU:


DS -- MN004 -- 2403 12/16/91 09:40 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 16, 1991
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