BI INC &lt;BIAC> SETS REVERSE SPLIT

  BI Inc said it is implementing a
  one-for-15 reverse split to shareholders of record today.
      It said any fractional shares will be redeemed for cash,
  reducing its free-trading stock in public hands to 1,300,000
  shares from 20 mln and its total shares outstanding to
  1,993,000 from 29.9 mln.
      Shareholders approved the reverse split in October.
  

