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THE FUTURE NOW, INC. ANNOUNCES AGREEMENT TO ACQUIRE PREMIUM CONNECTING POINT

 CINCINNATI, July 6 /PRNewswire/ -- The Future Now, Inc. (NASDAQ: FNOW), the Cincinnati-based computer sales and services company that focuses on total solutions for its clients, announced today that it has signed a letter of intent to acquire all the outstanding stock of Premium Connecting Point, a privately owned California-based computer reseller.
 Premium operates two locations in Southern California with revenues for the 1992 fiscal year ended Sept. 30, 1992, of $22 million. The completion of this transaction is subject to negotiation and execution of a definitive stock purchase agreement.
 Future Now Chairman and Chief Executive Officer Terry L. Theye commented: "We are pleased to combine with such a high quality operation. As with each of our other acquisitions, the synergies provided by this transaction should enhance both the company's revenue and cost savings."
 The Future Now, Inc., sells, installs and services microcomputers, UNIX workstations, turn-key local and wide-area network systems, computer software and peripheral products for business, professional, educational and governmental customers. The company also offers a wide range of customer support and consulting services through its 23 branch sales offices in 17 states.
 -0- 7/6/93
 /CONTACT: David L. Durham, vice president and chief financial officer of The Future Now, 513-792-4500/
 (FNOW)


CO: The Future Now, Inc.; Premium Connecting Point ST: Ohio, California IN: CPR SU: TNM

AR -- CL012 -- 8604 07/06/93 12:02 EDT
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Publication:PR Newswire
Date:Jul 6, 1993
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