Printer Friendly

NETWORK IMAGING COMPLETES ACQUISITION OF DOROTECH S.A. FRANCE

 HERNDON, Va., Oct. 4 /PRNewswire/ -- Network Imaging Corporation (NIC)(NASDAQ: IMGX; BSE: IGX) today said it completed the acquisition of Dorotech S.A. France in exchange for 2,241,147 shares of common stock and 2,092,186 shares of non-voting preferred stock.
 For the six months ended June 30, 1993, Dorotech had revenue of $13.2 million and net income of $2.5 million.
 The company also said it filed for listing on the National Market System (NMS) of NASDAQ and plans to complete the upgrade early this month.
 -0- 10/4/93
 /CONTACT: Robert Bernardi, president, or Steve Mooney of Network Imaging Corporation, 703-478-2260/
 (IMGX)


CO: Network Imaging Corporation ST: Virginia IN: SU: TNM

GK-SH -- NY033 -- 8216 10/04/93 09:37 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 4, 1993
Words:125
Previous Article:NESTOR REPORTS OPERATING RESULTS FOR FISCAL YEAR ENDED JUNE 30, 1993
Next Article:HARTMARX REPORTS RETURN TO PROFITABILITY AND EXPECTS CONTINUING OPERATION IMPROVEMENTS

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters