Tekgraf, Inc. to Make Appeal to Nasdaq Regarding Delisting

Apr 13, 2001, 01:00 ET from Tekgraf, Inc.

    VERNON HILLS, Ill., April 13 /PRNewswire/ -- Tekgraf, Inc. (Nasdaq:   TKGF),
 announced that it has received notification from Nasdaq that the Company has
 failed to comply with the $1.00 minimum closing bid price requirement for
 continued listing.  The Company will appeal this decision, and the stock will
 continue to trade on the Small Cap Market pending the outcome of the appeal
 process.  In the event the Company's request for continued listing on the
 Small Cap Market is not granted, the stock would then trade on the Nasdaq's
 OTC Bulletin Board, under the same symbol.
     Bill Rychel, President and CEO of Tekgraf said, "We believe that the
 strategies we put in place last year have positioned the company for
 profitability, and will help bring our share price more in line with the true
 value of our company. The restructuring of our Channels Business Unit is
 starting to pay off and the newly created Centiv Business Unit is showing
 great promise.  We believe that we have made the necessary investments and
 changes to our business to ultimately enhance shareholder value."
 
     About Tekgraf
     Tekgraf, Inc. (Nasdaq:   TKGF), headquarter in Vernon Hills, IL, is a
 value-added integrated solutions provider to the advanced computer graphics
 marketplace with emphasis on the pre-press, wide format, digital printing and
 large format electronic document management markets.
     Centiv(TM), a division of Tekgraf, provides customizable print
 communications programs that increase revenues for retailers, distributors
 and manufacturers in a variety of industries. Centiv's turnkey P.O.P.
 merchandising programs are being employed by leading U.S. Corporations such
 as Anheuser-Busch, Pepsi and UDV.  Visit it's website: http://www.centiv.com
 for a product demonstration.
     CalGraph Technology Services Inc., a wholly owned subsidiary of Tekgraf,
 is a leading provider of on-site service and preventative maintenance services
 specializing in wide-format printing and scanning devices.  CalGraph's U.S.
 and Canadian service operations include 75 field service technicians, customer
 support call center, component repair and refurbishment facilities and parts
 logistics.  For more information regarding CalGraph visit it's website:
 http://www.calgraphinc.com .
     Additional information regarding Tekgraf, Inc., may be obtained by
 contacting Tekgraf headquarters, 980 Corporate Woods Parkway, Vernon Hills,
 60061.  Phone 847-913-5888 or fax 847-913-5595, or visit our Website:
 http://www.tekgraf.com .
 
     This press release contains statements that constitute forward-looking
 statements within the meaning of Section 27A of the Securities Act of 1933,
 as amended, and Section 21E of the Securities Exchange Act of 1934, as
 amended.  These statements appear in a number of places in this press release
 and include all statements that are not historical statement of fact.
 The words "believe," "may," "would," "could," "will," "will help bring,"
 
 
 "starting to pay off," "showing great promise," "have positioned," "ultimately
 enhance," "expect," "estimate," "anticipate," "believes," "intends," "plans,"
 and similar expressions and variations thereof are intended to identify
 forward-looking statements.  Investors are cautioned that such statements
 are not guarantees of future performance and involve various risks and
 uncertainties, many of which are beyond the Company's control.  Actual results
 may differ materially from those discussed in the forward-looking statements
 as a result of factors described below.  These risks include, but are not
 limited to, competitive market pressures, material changes in customer
 demand, availability of labor, the Company's ability to perform contracts,
 governmental policies adverse to the computer industry, economic and
 competitive conditions, and other risks outside the control of the Company,
 as well as those factors discussed in detail in the Company's filings with the
 Securities and Exchange Commission, including the "Risk Factors" section of
 the Company's Form 10-K.
 
 

SOURCE Tekgraf, Inc.
    VERNON HILLS, Ill., April 13 /PRNewswire/ -- Tekgraf, Inc. (Nasdaq:   TKGF),
 announced that it has received notification from Nasdaq that the Company has
 failed to comply with the $1.00 minimum closing bid price requirement for
 continued listing.  The Company will appeal this decision, and the stock will
 continue to trade on the Small Cap Market pending the outcome of the appeal
 process.  In the event the Company's request for continued listing on the
 Small Cap Market is not granted, the stock would then trade on the Nasdaq's
 OTC Bulletin Board, under the same symbol.
     Bill Rychel, President and CEO of Tekgraf said, "We believe that the
 strategies we put in place last year have positioned the company for
 profitability, and will help bring our share price more in line with the true
 value of our company. The restructuring of our Channels Business Unit is
 starting to pay off and the newly created Centiv Business Unit is showing
 great promise.  We believe that we have made the necessary investments and
 changes to our business to ultimately enhance shareholder value."
 
     About Tekgraf
     Tekgraf, Inc. (Nasdaq:   TKGF), headquarter in Vernon Hills, IL, is a
 value-added integrated solutions provider to the advanced computer graphics
 marketplace with emphasis on the pre-press, wide format, digital printing and
 large format electronic document management markets.
     Centiv(TM), a division of Tekgraf, provides customizable print
 communications programs that increase revenues for retailers, distributors
 and manufacturers in a variety of industries. Centiv's turnkey P.O.P.
 merchandising programs are being employed by leading U.S. Corporations such
 as Anheuser-Busch, Pepsi and UDV.  Visit it's website: http://www.centiv.com
 for a product demonstration.
     CalGraph Technology Services Inc., a wholly owned subsidiary of Tekgraf,
 is a leading provider of on-site service and preventative maintenance services
 specializing in wide-format printing and scanning devices.  CalGraph's U.S.
 and Canadian service operations include 75 field service technicians, customer
 support call center, component repair and refurbishment facilities and parts
 logistics.  For more information regarding CalGraph visit it's website:
 http://www.calgraphinc.com .
     Additional information regarding Tekgraf, Inc., may be obtained by
 contacting Tekgraf headquarters, 980 Corporate Woods Parkway, Vernon Hills,
 60061.  Phone 847-913-5888 or fax 847-913-5595, or visit our Website:
 http://www.tekgraf.com .
 
     This press release contains statements that constitute forward-looking
 statements within the meaning of Section 27A of the Securities Act of 1933,
 as amended, and Section 21E of the Securities Exchange Act of 1934, as
 amended.  These statements appear in a number of places in this press release
 and include all statements that are not historical statement of fact.
 The words "believe," "may," "would," "could," "will," "will help bring,"
 
 
 "starting to pay off," "showing great promise," "have positioned," "ultimately
 enhance," "expect," "estimate," "anticipate," "believes," "intends," "plans,"
 and similar expressions and variations thereof are intended to identify
 forward-looking statements.  Investors are cautioned that such statements
 are not guarantees of future performance and involve various risks and
 uncertainties, many of which are beyond the Company's control.  Actual results
 may differ materially from those discussed in the forward-looking statements
 as a result of factors described below.  These risks include, but are not
 limited to, competitive market pressures, material changes in customer
 demand, availability of labor, the Company's ability to perform contracts,
 governmental policies adverse to the computer industry, economic and
 competitive conditions, and other risks outside the control of the Company,
 as well as those factors discussed in detail in the Company's filings with the
 Securities and Exchange Commission, including the "Risk Factors" section of
 the Company's Form 10-K.
 
 SOURCE  Tekgraf, Inc.