CompuServe Thread

The following is the text of a press announcement released in Torotno today. I though our friends here on the Amiga SIG might appreciate hearing the news. 16 July, 1986 For immediate release: Batteries Included Inc., one of North America's major publishers of consumer and professional computer software products announced in Toronto today that it had completed its previously announced merger with ITM Corporation. ITM is a publicly traded company listed on the Alberta Stock Exchange, (Symbol: ITM). As a benefit of the merger Batteries Included (BI), becomes a major operating company within ITM. BI will remain fully autonomous on an operational basis and its existing management team continues to guide the destiny of the company. Alan and Robbie Krofchick, co-founders of BI will assume seats on the board of directors of ITM Corp. As well, Michael Reichmann, President and Chief Executive Officer of BI and Lindsay Swartz, Executive Vice President and Chief Operating Officer have also been appointed as members of the board of ITM. Since its founding more than eight years ago, Batteries Included's succesfull growth as a privately held company has been fueled internally. Now as a major component of a public company, BI looks forward to significant expansion of its activities as a dominant software publisher in the world-wide marketplace. For further information contact: Lindsay Swartz Executive Vice President (416) 881-9941 Batteries Included 30 Mural St. Richmond Hill Ontario, L4B 1B5