Computer Terminal Systems Inc said 
it has completed the sale of 200,000 shares of its common 
stock, and warrants to acquire an additional one mln shares, to 
<Sedio N.V.> of Lugano, Switzerland for 50,000 dlrs. 
    The company said the warrants are exercisable for five 
years at a purchase price of .125 dlrs per share. 
    Computer Terminal said Sedio also has the right to buy 
additional shares and increase its total holdings up to 40 pct 
of the Computer Terminal's outstanding common stock under 
certain circumstances involving change of control at the 
company. 
    The company said if the conditions occur the warrants would 
be exercisable at a price equal to 75 pct of its common stock's 
market price at the time, not to exceed 1.50 dlrs per share. 
    Computer Terminal also said it sold the technolgy rights to 
its Dot Matrix impact technology, including any future 
improvements, to <Woodco Inc> of Houston, Tex. for 200,000 
dlrs. But, it said it would continue to be the exclusive 
worldwide licensee of the technology for Woodco. 
    The company said the moves were part of its reorganization 
plan and would help pay current operation costs and ensure 
product delivery. 
    Computer Terminal makes computer generated labels, forms, 
tags and ticket printers and terminals. 
 Reuter

COMPUTER TERMINAL SYSTEMS <CPML> COMPLETES SALE

Ohio Mattress Co said its first 
quarter, ending February 28, profits may be below the 2.4 mln 
dlrs, or 15 cts a share, earned in the first quarter of fiscal 
1986. 
    The company said any decline would be due to expenses 
related to the acquisitions in the middle of the current 
quarter of seven licensees of Sealy Inc, as well as 82 pct of 
the outstanding capital stock of Sealy. 
    Because of these acquisitions, it said, first quarter sales 
will be substantially higher than last year's 67.1 mln dlrs. 
    Noting that it typically reports first quarter results in 
late march, said the report is likely to be issued in early 
April this year. 
    It said the delay is due to administrative considerations, 
including conducting appraisals, in connection with the 
acquisitions. 
 Reuter