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PAI EXTENDS WARRANTS EXERCISE PERIOD UNTIL JULY 22, 1993

 ANNAPOLIS, Md., May 4 /PRNewswire/ -- Pacific Animated Imaging (PAI) Corporation (OTC: PCIM) has announced that its board of directors voted to extend the period during which PAI's outstanding B and D stock purchase warrants may be exercised by their holders until the close of business on Thursday, July 22, 1993. The B and D Warrants, which are registered securities, were due to expire on May 17, 1993 until the board took its action. The revised expiry date corresponds with that of the company's current registration statement.
 Each of PAI's B and D warrants entitles the holder to purchase two shares of PAI's common stock for an aggregate price of ten dollars ($5.00 per share). Shares issued against warrants exercised are unrestricted and free trading.
 John J. Cadigan, chief executive officer of PAI, stated that any additional capital acquired as a result of warrant exercise can be particularly important to the company over the next few months, when it expects to be adding production teams to meet growing demand for the company's interactive animated imaging software. PAI has recently announced new contracts with Cybex and Metcalf & Eddy. In addition, certain of its earlier customers, including Mead Packaging Corporation and Heath, have placed follow on orders with PAI recently.
 PAI common stock is traded on the over-the-counter market.
 -0- 5/4/93
 /CONTACT: Pacific Animated Imaging, 800-831-9215, or 410-263-7761/
 (PCIM)


CO: Pacific Animated Imaging Corporation ST: Maryland IN: CPR SU:

WB-OS -- NY073 -- 4487 05/04/93 16:06 EDT
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Publication:PR Newswire
Date:May 4, 1993
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