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Microcap & Penny Stocks : Advanced Gravis Computer Technology Ltd.

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To: Norman A. Levinson who wrote (1613)11/12/1996 11:18:00 AM
From: Robespierre   of 1780
 
VANCOUVER, Nov. 12 /PRNewswire/ -- Advanced Gravis Computer Technology
Ltd. announced today that it has obtained an extension of its current credit
facility. The $4,100,000 credit facility has been extended by the Company's
bank under an existing forbearance agreement until January 20, 1997.
Advanced Gravis is a leader in the PC entertainment market. It designs,
manufactures and markets joysticks, GamePads and high-end sound cards for both
Macintosh and IBM-compatible computers to customers worldwide. For further
information on Gravis and its products, please contact our web site at
www.gravis.com.
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

SOURCE Advanced Gravis Computer Technology Ltd.
-0- 11/12/96
/CONTACT: Michael Cooper, President and CEO, 604-431-5020/
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