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TNC MEDIA ANNOUNCES ACQUISITION OF INTERNATIONAL FAX PUBLISHING COMPANY

TNC MEDIA ANNOUNCES ACQUISITION OF INTERNATIONAL FAX PUBLISHING COMPANY
 MILFORD, Penn., Sept. 24 /PRNewswire/ -- TNC Media, Inc. (NASDAQ: TNCI) has entered into an agreement to acquire DataFAX Communications Corp. of New York, a full service interactive fax publishing and enhanced fax service organization. DataFAX's information offerings include a daily facsimile financial newspaper published in Argentina, "Ambito Financiero"; Investor's FaxTrak, the only "real-time" fax on demand data retrieval service; and a comprehensive "News by Fax" service based on subscriber selected keywords. DataFAX also offers customized Fax on Demand, Fax Mailbox, and Fax Broadcasting services.
 The transaction is subject to execution of a definitive purchase agreement. Terms were not announced,
 TNC Media also announced that negotiations to acquire Fax Interactive Information Services have been terminated.
 -0- 9/24/92
 /CONTACT: Sue Doty-Lloyd of TNC Media, 717-269-6641/
 (TNCI) CO: TNC Media, Inc., DataFAX Communications Corp. ST: Pennsylvania, New York IN: PUB SU: TNM


TM -- NY005 -- 2929 09/24/92 08:01 EDT
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Publication:PR Newswire
Date:Sep 24, 1992
Words:159
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