Apertus Technologies Announces Stock Repurchase Program

Business Wire, July 20, 1995

EDEN PRAIRIE, MN--(BUSINESS WIRE)--July 20, 1995--Apertus Technologies Incorporated (NASDAQ: APTS) today announced that its Board of Directors has authorized a stock repurchase program under which up to 500,000 shares of the Company's Common Stock may be repurchased. The Company said that such purchases may be made from time-to-time at prevailing prices in the open market, by block purchases or in private transactions and may be discontinued at any time. The Company has approximately 13,535,700 shares of Common Stock outstanding. The shares repurchased will be available for reissuance pursuant to employee stock option and purchase plans and for other corporate purposes. The Company intends to fund such repurchases with internally generated funds.

Apertus Technologies Incorporated develops and markets enterprise-strength solutions for integrating traditional, large-scale systems with networked computing environments. It offers solutions for network integration, data integration and systems management. Headquartered in Eden Prairie, Minnesota, Apertus has sales and service offices throughout North America and Europe. -0-

Apertus is a registered trademark of Apertus Technologies Incorporated. Other names, products and services mentioned are the trademarks or registered trademarks of their respective vendors or organizations.

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