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OCS TECHNOLOGIES CORP. ANNOUNCES ACQUISITION COMPLETION

 RICHMOND, British Columbia, April 30 /PRNewswire/ -- OCS Technologies Corp. (Toronto, Vancouver: OCS) announced today that it has completed the acquisition of OCS IV Limited Partnership ("LPIV") previously announced in its news release of April 6 and 7, 1993. OCS has issued a total of 950,657 shares at a price of $4.47 per share for total consideration of $4,249,436.79 in exchange for all of the limited partnership units of LPIV and the general partner of LPIV.
 OCS also announced today that it has completed the acquisition of OCS V Limited Partnership ("LPV") previously announced in its news releases of April 6 and 7, 1993. OCS has issued a total of 187,675 shares at a price of $4.53 in exchange for all of the limited partnership units of LPV and the general partner of LPV.
 -0- 4/30/93
 /CONTACT: Neil F. Hummel, director and secretary, 604-273-8045/
 (OCS.)


CO: OCS Technology Corp. ST: British Columbia IN: SU:

EH -- LA029 -- 3388 04/30/93 16:23 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:171
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