Here is the news release....
LONDON DAILY TELEGRAPH ARTICLE MENTIONING OSICOM
OFFICER AND DIRECTOR
Is Bogus, Company Says; Lawyers Demand A Retraction And Investigation
SANTA MONICA, Calif., Jan. 26 /PRNewswire/ -- Osicom Technologies,
Inc. (Nasdaq Small Cap: FIBR) today said that an article in the Sunday
January 26, 1997 edition of The London Daily Telegraph mentioning an
officer and a director of the company is completely bogus and part of a
vicious campaign by short-sellers to damage the company and its
shareholders.
"Neither of the people mentioned in this article has any idea what this
newspaper is talking about," said Par Chadha, chief executive officer
of the company. "This story is a complete fabrication. We have
directed our attorneys to contact the Daily Telegraph at the opening of
business tomorrow and demand a retraction as well as to request an
investigation."
"One would think that a publication like the Daily Telegraph would
verify information like this before they publish it. The newspaper has
obviously been used."
SOURCE Osicom Technologies, Inc.
-0- 01/26/97 /CONTACT: Michael Sitrick, or
Michael Kolbenschlag, both of Sitrick And Company, 800-288-8809/
(FIBR)
CO: Osicom Technologies, Inc. ST: California IN: CPR SU:
* * * * * * * * * *
Anyone know what was mentioned in the article?
Sam |
