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OCS TECHNOLOGIES CORP. ANNOUNCES ACQUISITION

 OCS TECHNOLOGIES CORP. ANNOUNCES ACQUISITION
 VANCOUVER, British Columbia, April 24 /PRNewswire/ -- OCS


Technologies Corp. (Vancouver: OCS) announced today that it has virtually doubled the capability of its systems integration resources by acquiring di Associates Inc. ("di"), an information systems firm with offices in Toronto, Ottawa and Calgary, Alberta.
 OCS Chairman and Chief Executive Officer Raymond Foucault said di had revenues of $7 million in 1991 and is profitable. Its three-office network, employing 65 expert staff, will be integrated into OCS Technologies Consulting Ltd. Division.
 Under the terms of the Letter of Intent, OCS will pay to the di shareholders up to 50 percent of the value of di as determined by an independent business valuator. In addition, the president of di will be retained by way of a management agreement and will be provided with performance incentives including the issuance of up to 1,000,000 OCS shares to be issued at the then prevailing market price of OCS's shares based on the after-tax cash profits generated by the di Associates subsidiary.
 "This acquisition clearly strengthens our systems integration and development capability and supports our corporate commitment to provide outstanding service to our customers," Foucault said.
 OCS is a leading developer and marketer of software products designed to meet the particular needs of three large and growing markets -- law enforcement agencies; correctional institutions, and natural resource/environmental managers.
 OCS's law enforcement and corrections products, which include innovative video-imaging systems, simplify the administrative loads and increase productivity of police and prison staff. OCS's geographical information systems (GIS) provide powerful mapping and analysis tools to managers and planners in resource industries such as forestry, mining and agriculture.
 OCS's software has been successfully installed at more than 500 locations in 20 countries around the world.
 -0- 4/24/92
 /CONTACT: Neil F. Hummel, director and secretary of OCS Technologies, 604-273-8045; or Dean Erickson of Erickson Consulting, (310) 829-4601, for OCS/
 (OCS.) CO: OCS Technologies Corp.; di Associates Inc. ST: British Columbia IN: SU: TNM


EH-JL -- LA031 -- 2679 04/24/92 16:39 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
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