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To: Jay Morrison who wrote (584)	1/25/1998 11:37:00 PM
From: Jay Morrison	Read Replies (1) \| Respond to of 665

Network Imaging Corporation Lowers Exercise Price of Publicly Traded Warrants HERNDON, Va., Jan. 23 /PRNewswire/ -- Network Imaging Corporation (Nasdaq: IMGX) today announced that it would reprice its public warrants, due to expire on May 7, 1998. The 647,000 warrants, exercisable at a price of $5.75, will now be exercisable at $1.50. The decision to reprice these warrants will result in a non-cash expense of approximately $7,000. About Network Imaging Corporation Network Imaging Corporation develops and markets multimedia content and storage management, Internet, workflow, engineering document management and COLD (Computer Output to Laser Disk) software products for Microsoft NT (Nasdaq: MSFT), UNIX and IBM MVS/VSE (NYSE: IBM) environments. Network Imaging's flagship product suite, 1View, provides businesses with an automated method of electronically storing, accessing and managing large volumes of multimedia information such as office documents, images, video and audio files, engineering drawings and computer reports. The Company's software products are marketed through partners such as Sybase (Nasdaq: SYBS), Lockheed Martin (NYSE: LMT), ALLTEL (NYSE: AT), EDS (NYSE: EDS) and Intergraph Corporation (Nasdaq: INGR). Network Imaging's mission is to efficiently solve multimedia storage, management and distribution challenges across enterprise and Internet/intranet environments. For additional information about Network Imaging's products or services, call 800-254-0994, browse our Web site at netimage.com, or e-mail nicinfo@netimage.com. 1View and the Network Imaging logo are trademarks of Network Imaging Corporation. All other products and brand names are trademarks or registered trademarks of their respective owners. SOURCE Network Imaging Corporation CO: Network Imaging Corporation ST: Virginia IN: CPR SU: 01/23/98 17:36 EST prnewswire.com