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STANDARD LOGIC MAKES LOAN TO AMT

 ANAHEIM, Calif., Jan. 22 /PRNewswire/ -- Standard Logic Inc. (NASDAQ: STDL) ("SLI") reported today that it has loaned an aggregate principal amount of $300,000 (the "AMT loan") to AMT International Industries Inc. ("AMT"). The AMT loan is secured by the assets of AMT. The AMT loan provides for the payment of interest on the outstanding loan balance monthly with principal payments of $10,000 due each month commencing on Jan. 1, 1994 through Dec. 31, 1994, whereupon all outstanding principal and interest will become due and payable. In connection with the AMT loan, AMT granted SLI a warrant to purchase 11,111 shares of AMT common stock, constituting approximately 10 percent of the total outstanding shares of AMT, at a price of approximately $13.50 per share, subject to adjustment as set forth in the warrant. The warrant currently is exercisable and will terminate upon the earlier of Jan. 31, 1998, or the closing date of AMT's sale of substantially all of its assets or the acquisition by another entity of a controlling interest in AMT. AMT and its shareholders also granted SLI a right of first refusal to acquire AMT in the event AMT or any of its shareholders receives a third party acquisition proposal. This right of first refusal will expire on June 30, 1993, unless SLI exercises its right prior to such date.
 AMT is a privately held firm specializing in the development, manufacture and sale of modem devices for a wide range of data communication applications.
 In connection with the AMT loan, Renaissance Capital Partners Ltd., a Texas limited partnership ("Renaissance"), loaned to SLI the aggregate principal amount of $300,000 (the "Renaissance/AMT loan") pursuant to a certain loan agreement by and between SLI and Renaissance dated Jan. 19, 1993, (the "Renaissance loan agreement") and in exchange for which SLI issued to Renaissance a debenture convertible into 600,000 shares of SLI common stock at a conversion price of $.50 per share (the "SLI convertible debenture"). As security for the Renaissance/AMT loan, SLI pledged to Renaissance the promissory note of AMT issued by AMT to SLI in connection with the AMT loan. The terms of the Renaissance loan agreement and the SLI convertible debenture provide that, if the proposed merger (the "merger") between SLI's wholly owned subsidiary, Standard Logic Acquisition Corp., a California corporation, and Appoint Inc., a California corporation ("Appoint"), is not consummated or otherwise is terminated, SLI will satisfy its obligations to Renaissance under the Renaissance loan agreement and the SLI convertible debenture by delivering to Renaissance $300,000 in principal amount of convertible debentures by Appoint, which, pursuant to the SLI/Appoint merger agreement (the "merger agreement"), will be issued by Appoint to SLI upon failure to consummate the merger or upon its termination and will have terms substantially the same as those of the SLI convertible debenture except that the principal amounts of such convertible debentures of Appoint will be convertible into shares of Appoint common stock at a conversion price of $2 per share.
 The terms of the Renaissance loan agreement and the SLI convertible debenture obligate Renaissance upon failure to consummate the merger or upon its termination to accept such convertible debentures of Appoint in principal amount of $300,000 from SLI in complete satisfaction of, and in substitution for, the SLI convertible debenture, and, upon, Renaissance's receipt from SLI of such convertible debentures of Appoint, SLI will have no further liability to Renaissance under the Renaissance loan agreement and the SLI convertible debenture.
 As a result of the Renaissance/AMT loan, the Standard Logic Inc. and Appoint Inc. convertible debenture loan agreement dated as of Sept. 4, 1992, by and among SLI, Appoint and Renaissance, as amended on Dec. 14, 1992 (the "Renaissance debenture loan agreement"), was amended to reduce the aggregate amount of funding that Renaissance is obligated to provide to SLI thereunder (upon satisfaction of certain conditions) from $3,000,000 to $2,700,000, as a result of which the reserve fund originally set up by Renaissance pursuant to the Renaissance debenture loan agreement in the amount of $750,000 was reduced to the amount of $450,000. Pursuant to the Renaissance debenture loan agreement and the merger agreement, Renaissance is obligated to provide such reserve fund either (a) if the merger is consummated, to SLI for SLI's working capital purposes in exchange for SLI debentures having terms substantially similar to those of the SLI convertible debenture or (b) if the merger is not consummated, to Appoint for the purpose of paying certain Appoint obligations to SLI. Since the merger agreement also makes reference to the reserve fund, the merger agreement also was amended in connection with the Renaissance/AMT loan to accommodate for the aforementioned reduction in amount of the reserve fund.
 Since 1967, SLI has specialized in the development and sale of electronic products and services to the electronic packaging industry. In addition, SLI provides software and wire-wrapping services for its in-house products to numerous commercial and military customers.
 -0- 1/22/93
 /CONTACT: Wes Baumgardner, CEO of Standard Logic, 714-632-9292; or Shannon Squyres, president of Corporate Relations Group, 714-955-1860, for Standard Logic/
 (STDL)


CO: Standard Logic Inc.; AMT International Industries; Renaissance
 Capital Partners Ltd.; Appoint Inc. ST: California IN: CPR SU:


LS-KJ -- LA005 -- 7783 01/22/93 09:33 EST
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Date:Jan 22, 1993
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