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VALUE-ADDED COMMUNICATIONS, INC., ISSUES STATEMENT

 VALUE-ADDED COMMUNICATIONS, INC., ISSUES STATEMENT
 OAKBROOK TERRACE, Ill., Oct. 14 /PRNewswire/ -- Value-Added


Communications, Inc. (NASDAQ-NMS: VACI), reported today that there was no underlying basis for yesterday's unusual activity in its common stock. In NASDAQ trading on Tuesday, Oct. 13, Value-Added closed down 1-7/8 on unusually high volume of 126,900 shares. Dennis R. Casey, chairman and chief executive officer, stated that the company expected to release its third quarter results next week as scheduled and had no explanation for the decrease in the price of the company's common stock as reflected by yesterday's trading activity.
 Value-Added provides automated call processing systems and related tracking, billing and collection services to customers which provide telephone services to a large number of users. The company's customers are primarily correctional facilities and hotels, although the company also processes calls which originate from resorts, universities, hospitals, military bases, truck stops and payphones.
 -0- 10/14/92
 /CONTACT: Dennis R. Casey, chairman, 708-628-6606, or Stephen L. Hodge, president, 214-578-1160, both of Value-Added Communications/
 (VACI) CO: Value-Added Communications, Inc. ST: Illinois IN: TLS SU:


TW -- DC012 -- 9860 10/14/92 12:27 EDT
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Publication:PR Newswire
Date:Oct 14, 1992
Words:187
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