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TSS LTD. REPORTS PURCHASE OF SHARES BY UNDERWRITER; COMMON STOCK AND WARRANTS FROM RECENT PUBLIC OFFERING TRADE SEPARATELY TODAY

 PROVIDENCE, R.I., June 14 /PRNewswire/ -- TSS Ltd. (NASDAQ: TSSL) reported today that it had sold 187,600 units of the underwriter's overallotment of its recently completed public offering to Paulson Investment Company, Inc. Gross proceeds of the sale of the overallotment before commissions was $562,800. The units consist of three shares of common stock and two common stock purchase warrants.
 The company also reported that the common stock and the common stock purchase warrants in the units sold in the public offering had begun to trade separately today on NASDAQ under the symbols TSSL (common) and TSSLL (warrants).
 -0- 6/14/93
 /CONTACT: Michael A. Clark, president of TSS Ltd., 401-421-8990, or John Swanson of Swanson Communications, 212-683-4890, for TSS Ltd./
 (TSSL)


CO: TSS Ltd. ST: Rhode Island IN: SU:

CK-WB -- NY058 -- 1606 06/14/93 11:31 EST
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Publication:PR Newswire
Date:Jun 14, 1993
Words:141
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