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nVIEW CORPORATION ANNOUNCES STOCK REPURCHASE PLAN

 nVIEW CORPORATION ANNOUNCES STOCK REPURCHASE PLAN
 NEWPORT NEWS, Va., Feb. 19 /PRNewswire/ -- nVIEW Corporation


(NASDAQ: NVUE) today announced that in light of the recent reductions in the market price of its common stock, its board of directors has authorized management to repurchase up to 500,000 shares of nVIEW Corporation's common stock. This represents approximately 10 percent of the company's outstanding stock. The amount and timing of the purchases will depend on the price of the company's common stock and the prevailing market and business conditions.
 William Donaldson, president, chief operating officer and a director of the company, indicated that "the repurchase plan reflects our confidence in the stock and in our company. Management believes that, at its current level, our stock represents an attractive investment for the company and its stockholders. Management knows of no fundamental or operating reasons for the current softness in the market price of the stock, therefore, market conditions have provided us with an opportunity to enhance shareholder value by purchasing stock at favorable prices."
 Under the plan adopted by the company's board, management may, at its discretion, initiate purchases under the plan and may discontinue the plan at any time, with or without any purchases being made.
 -0- 2/19/92
 /CONTACT: Jerry Stubblefield, chief financial officer, nVIEW, 804-873-1354/
 (NVUE) CO: nVIEW Corporation ST: Virginia IN: CPR SU:


TW-SB -- DC003 -- 0297 02/19/92 09:26 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 19, 1992
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