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OPTELECOM ANNOUNCES REVERSE STOCK SPLIT

 OPTELECOM ANNOUNCES REVERSE STOCK SPLIT
 GAITHERSBURG, Md., June 3 /PRNewswire/ -- Edmund D. Ludwig,


president of Optelecom, Inc. (NASDAQ: OPTC), announced that on June 2, 1992, the stockholders approved the restatement and amendment of the Optelecom Certificate of Incorporation to effect a one-for- three reverse stock split of the company's common stock. The company has taken this action to meet the new NASDAQ requirement regarding market price of shares.
 The reverse stock split will be effective at the close of business June 11, 1992.
 -0- 6/3/92
 /CONTACT: Edmund D. Ludwig, president, Optelecom, 301-840-2121/
 (OPTC) CO: Optelecom, Inc. ST: Maryland IN: CPR SU:


DC -- DC014X -- 6622 06/03/92 13:48 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 3, 1992
Words:112
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