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TEXAS AMERICAN GROUP INC. AND DATATECH SYSTEMS LTD. JOINT PRESS RELEASE

 VANCOUVER, British Columbia, April 19 /PRNewswire/ -- Texas American Group Inc. (TAG) (OTC Bulletin Board: TAMG) and DataTech Systems Ltd. (Toronto: DTK) wish to announce that TAG has entered into an agreement with certain of the family members of Earl Large and Ronald Smith and certain of his family members, executive officers of DTK, whereby TAG has agreed to acquire approximately 51.4 percent of the issued and outstanding shares of DTK. The agreement is subject to all necessary regulatory and banking approvals. The acquisition is an exempt take- over bid, and, as a result, does not require a follow-up offer to the minority shareholders of DTK.
 DTK has been in business for over 30 years, has traded publicly for 20 years and is currently listed on The Toronto Stock Exchange. DTK has 21 branches and 37 service partners in its Canada-wide network and provides computer maintenance services and software support on a wide variety of equipment. Its customers include all levels of government, Fortune 500 companies and computer manufacturers.
 TAG is a publicly traded corporation. It has 10 million outstanding shares which are listed on the OTC Bulletin Board. TAG has licensed certain technology and communication services for Canada to provide a range of information superhighway products and services.
 TAG's acquisition of DTK will result in DTK utilizing the Canadian licenses referred to above to exploit the considerable commercial potential resulting from the global development of the information superhighway. DTK's nationwide service organization is well positioned to introduce, market and support the use of the "Superhighway" throughout Canada.
 -0- 4/19/94
 /CONTACT: Earl W. Large, chairman, of DataTech Systems Ltd., 604-479-7177; or David Gough, chairman, of Texas American Group Inc., 518-329-0352/
 (DTK. TAMG)


CO: DataTech Systems Ltd.; Texas American Group Inc. ST: British Columbia IN: CPR SU: TNM

BB-LS -- LA052 -- 7211 04/19/94 17:37 EDT
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Publication:PR Newswire
Date:Apr 19, 1994
Words:308
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