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NBI ANNOUNCES EXTENSION OF ODD-LOT SHARES REPURCHASE PROGRAM

 LONGMONT, Colo., Jan. 10 /PRNewswire/ -- NBI Inc. (PSE: NBI) today announced that it would extend, until June 30, 1994, its offer to repurchase directly from any of its shareholders holding less than 100 shares, all of their shares of common stock (held at the Record Date of Dec. 31, 1993) at a price of $.6250 (5/8) per share. NBI had established this opportunity to its odd-lot shareholders initially in February 1993 to provide those small shareholders a market without prohibitive brokerage fees. To date, NBI has repurchased approximately 13,700 shares under the program, but more importantly, has removed over 1,000 small beneficial shareholders from its shareholder base, saving on corporate expenses.
 NBI began this program shortly after announcing that it would be entering into the market to purchase up to 3.5 million shares of its common stock. In that connection, NBI has purchased to date approximately 2.5 million shares of its common stock at market prices, being approximately 25 percent of the stock outstanding at the initiation of its repurchase program.
 Record of beneficial holders of less than 100 total shares can initiate the sale of their stock to NBI by sending the certificate for their shares to the company at 1900 Pike Rd., Suite A, Longmont, CO 80501, ATTN: Finance Department, with the certificate properly endorsed for transfer to NBI or with a properly executed stock power, with signature guaranteed. NBI will repurchase the shares at the rate of $.6250 per share within 30 days of the receipt of the certificate. Odd-lot holders can also tender their shares through their brokers to Depository Trust Co., who will effect the transaction with NBI for the shareholders' account.
 Based in Longmont, NBI provides network systems integration and development in the United States and internationally and services system users in the United Kingdom.
 -0- 1/10/94
 /CONTACT: Sherri Seeley of NBI, 310-394-8584/
 (NBI)


CO: NBI Inc. ST: Colorado IN: CPR SU:

BB -- DV002 -- 0525 01/10/94 11:08 EST
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Publication:PR Newswire
Date:Jan 10, 1994
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