DALLAS, May 28 /PRNewswire/ -- Camelot Corporation
(OTC Bulletin Board: CAML) has sold VideoTalk(TM) a videoconferencing system
to Wincroft, Inc. (OTC Bulletin Board: WINN) for $7,002,056 payable by a note
and common and preferred shares. Camelot now owns approximately 19% of
Except for the historical information contained herein, the matters
discussed in this news release are forward looking statements that are subject
to certain risks and uncertainties that could cause actual results to differ
materially from those set forth, including but not limited to, the
uncertainties in developing new technology, the impact of global regulation
and competition; the changing nature of regulations and the manner in which
they are interpreted; dependence on distributors and pricing pressures in
addition to normal economic and world factors beyond the control of Wincroft.
VideoTalk is a trademark of Wincroft. All other product names are
trademarks of their respective companies.
SOURCE Camelot Corporation
/CONTACT: Investor Relations of Camelot Corporation, 972-733-3005 or
CO: Camelot Corporation; Wincroft, Inc.
IN: CPR TLS
-0- (PRN) May/28/98 09:34
EOS (PRN) May/28/98 09:34 86
-0- (PRN) May/28/ 98 9:49
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