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PIONEER-STANDARD ANNOUNCES DEBENTURE PURCHASE AUTHORIZATION

 PIONEER-STANDARD ANNOUNCES DEBENTURE PURCHASE AUTHORIZATION
 CLEVELAND, July 21 /PRNewswire/ -- Pioneer-Standard Electronics, Inc. (NASDAQ: PIOS) today reported that its board of directors authorized the company to purchase from time to time on the open market up to $2,200,000 principal amount of its 9 percent Subordinated Convertible Debentures, due 1998. Debentures purchased will be used to credit against the sinking fund payment due August 1, 1993.
 Pioneer-Standard and its 50 percent-owned affiliate, Pioneer/Technologies Group, Inc., market a broad range of electronic components and computer products through 38 locations and serve most of the nation's major markets.
 -0- 7/21/92
 /CONTACT: John V. Goodger of Pioneer-Standard Electronics, Inc., 216-587-3600/
 (PIOS) CO: Pioneer-Standard Electronics Inc. ST: Ohio IN: CPR SU:


BM -- CL025 -- 1382 07/21/92 13:26 EDT
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Publication:PR Newswire
Date:Jul 21, 1992
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