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PROMIS SYSTEMS COMMENTS ON SHARE TRADING

 TORONTO, April 14 /PRNewswire/ -- Promis Systems Corporation Ltd. said today it knows of no reason for the decline in its share price over the past several trading days and the increase in trading that occurred yesterday on the Toronto Stock Exchange.
 On March 10, Promis Systems announced revenues of US$14.5 million and pre-tax profits of US$2.1 million for its fiscal year ended Dec. 31, 1992. On April 12, the company announced that it had completed the acquisition of Palette Systems Inc. of Nashua, N.H. for approximately US$9.7 million. Promis considers both these developments to be positive for the company.
 Promis Systems is the world's second largest developer of integrated plant floor management software and manufacturing execution systems. Its headquarters are in Toronto and it has 12 sales and support locations throughout North America, Europe and Asia, as well as its sales and marketing headquarters in San Jose, Calif.
 NOTE: PROMIS is a registered trademark of Promis Systems Corporation Ltd. PALETTE is a registered trademark of Palette Systems Corporation.
 -0- 4/14/93
 /NOTE TO EDITORS: When referring to the company, use Promis Systems Corporation or Promis (initial cap only). When referring to the company's product, please use PROMIS in all caps. When referring to Palette, please use Palette Systems Corporation or Palette (initial cap only). When referring to the company's product, use PALETTE in all caps.
 /CONTACT: Gordon Wilde, vice president-finance and CFO of Promis Systems Corporation, 416-960-0960/


CO: Promis Systems Corporation Ltd. ST: Ontario IN: CPR SU:

AH-WB -- NY023 -- 5607 04/14/93 10:26 EDT
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Publication:PR Newswire
Date:Apr 14, 1993
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