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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: rustyjack who wrote ()	9/10/1999 11:30:00 AM
From: leigh aulper	Read Replies (2) of 731

PHOENIX--(BUSINESS WIRE)--Sept. 10, 1999--Sedona Systems Corporation (OTC Bulletin Board: CJMT) announced today that the previously announced plan to acquire Print Data Corp., a leading distributor of business forms, commercial printing, computer supplies and services is proceeding. The two companies have recently negotiated and signed a revised Memorandum of Understanding as of September 7th. The companies are now completing their final due diligence and intend to complete a transaction as quickly as possible. The companies have outlined an aggressive expansion plan for Print Data Corp., and will in the process, gain an important marketing alliance for Sedona Systems' launch of REPRINT.COM. "Combining Sedona Systems Corp. and Print Data Corp. will give allow us a more rapid rollout of our services. We believe there are numerous opportunities to expand Print Data Corp.'s products and services to the West Coast" said Norm Clarke, Vice President of Sedona Systems. "We look forward to continuing our efforts to complete this transaction and in doing so immediately increase per share earnings to this blockbuster company" said Joel Green, President of Print Data Corp. Based in Phoenix, Sedona Systems (www.sedona.com) provides innovative printing solutions to users who need to distribute and print their documents worldwide. With several patents for new technologies and an ever-growing network of print centers across the world, Sedona Systems is setting the standard in remote electronic printing solutions. With over $4.8 million in revenue and a customer base comprised primarily of Fortune 500 companies, Print Data Corp. is in the top 10% of all distributors within its industry. The company has locations in New Jersey and Delaware. Sedona Systems and REPRINT.COM are trademarks of Sedona Systems Corporation. All rights reserved. Some of the product and company names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies.

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