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VSI ENTERPRISES ANNOUNCES RESULTS OF FUNDING THROUGH EXERCISE OF CLASS A WARRANTS

 VSI ENTERPRISES ANNOUNCES RESULTS OF FUNDING
 THROUGH EXERCISE OF CLASS A WARRANTS
 NORCROSS, Ga., May 21 /PRNewswire/ -- American Securities Transfer System, the tranfer agent of VSI Enterprises Inc. (NASDAQ: VSIN; BSE: VSI) reported today that it has received subscriptions for exercise of 987,485 of VSI's Class A Warrants, or 98.7 percent, at an exercise price of $2.50, yielding gross proceeds of approximately $2,468,000.
 The company will issue a total of 987,485 shares of its common stock to those holders who elected to exercise their warrants.
 "The proceeds will be allocated in line with the company's growth plan strategy, including new technology development, potential acquisitions and corporate working capital," Paul A. Scott, chairman and chief executive officer, said.
 VSI Enterprises Inc. is the parent company of Videoconferencing Systems Inc., a leading manufacturer of codec-independent videoconferencing components and room systems and an integrator of its own room system components and those produced by other vendors. The company provides consulting, custom-design and support services also. VSI's customers include U.S. governmental agencies and Fortune 1,000 companies.
 -0- 5/21/92
 /CONTACT: Kirsten White, investor relations manager of VSI, 800-258-9909/
 (VSIN) CO: VSI Enterprises Inc. ST: Georgia IN: SU:


CF-BR -- AT010 -- 2964 05/21/92 15:05 EDT
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Publication:PR Newswire
Date:May 21, 1992
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