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WELLS-GARDNER SHAREHOLDERS ELECT DIRECTORS

 WELLS-GARDNER SHAREHOLDERS ELECT DIRECTORS
 CHICAGO, April 30 /PRNewswire/ -- At the annual meeting for


shareholders held at corporate headquarters, the shareholders of Wells-Gardner Electronics Corporation (AMEX: WGA) re-elected eight members to the Board of Directors. Those Directors voted to serve one- year terms include: Frank J. Myers, Albert S. Wells Jr., Allan Gardner, James J. Roberts Jr., Richard L. Conquest, John R. Blouin, Anthony Spier and V. William Hunt.
 In other business, shareholders approved a revised Incentive Stock Plan which increases the number and extends the maturity of shares available for the Plan. Also, KPMG Peat Marwick was ratified as the independent public accountant.
 In his remarks to shareholders, Myers, chairman and chief executive officer, stated, "The key to Wells-Gardner's success in the monitor market has been, and will continue to be, its ability to identify market and customer niches where the need exists for semi-customized product, strong technical and application engineering support, superior product quality and, rapid turnaround time from order to delivery ... Results to date from Wells-Gardner's participation in (the new video lottery terminal market) confirm our optimism relative to the potential for significant Wells-Gardner ownership and growth."
 Wells-Gardner Electronics Corporation is a video products company. It designs and manufactures color and monochrome video monitors for sale to the business, industrial and computer markets. It has a customer base that is growing both domestically and internationally.
 -0- 4/30/92
 /CONTACT: Rick Conquest, Chief Financial Officer, Wells-Gardner Electronics, 312-252-8220; or Gale Strenger, 708-564-5610, Bruce Marcus, 212-580-0703, Largent Parks, 214-387-4520, Earle Brown, 813-796-1452, or Tim King, 213-541-4415, all of The Investor Relations Company, for Wells-Gardner Electronics/
 (WGA) CO: Wells-Gardner Electronics Corporation ST: Illinois IN: CPR SU: PER


ML -- DE006 -- 4831 04/30/92 10:29 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:286
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