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SWISHER INTERNATIONAL, INC. EFFECTS REVERSE SPLIT

 CHARLOTTE, N.C., Feb. 1 /PRNewswire/ -- Swisher International Inc. (OTC Bulletin Board: SWII) announced today that it had effected a reverse split of its outstanding common shares and increased the par value of the common shares. Each three common shares, $.001 par value, which were issued an outstanding at the close of business on Jan. 28, 1993 are deemed exchanged for one common share, $.01 par value. Shares represented by any certificate that would be issuable with a fractional share pursuant to the reverse split will be rounded up to the nearest whole common share. Shareholder approval was obtained by written consent in lieu of a meeting. The new CUSIP number is 870811 30 4 and the new trading symbol assigned for the post-split common shares is SWSR. The company will forward to each shareholder who was a shareholder of record at the close of business on Jan.28, 1993 the instructions for presenting certificates for pre-split common shares for exchange for certificates for post-split common shares.
 -0- 2/1/93
 /CONTACT: Lee J. Van Rossum, 704-364-7707, Transfer Agent for Certificate Exchange - American Stock Transfer & Trust Company/
 (SWII)


CO: Swisher International Inc. ST: North Carolina IN: SU:

SH -- NY020 -- 1217 02/01/93 09:39 EST
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Publication:PR Newswire
Date:Feb 1, 1993
Words:206
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