RABBIT SOFTWARE &lt;RABT> TO MERGE WITH CTI DATA

  Rabbit Software Corp said it
  agreed in principle to merge with &lt;CTI Data Inc>, a privately
  owned communications company.
      According to terms, CTI holders and employees will receive
  200,000 shares of Rabbit stock and royalties on sales of CTI
  Products. CTI will become a wholly owned subsidiary of Rabbit.
      The deal is subject to completion of a definitive merger
  agreement, receipt of third party approvals and other
  conditions, the company said.
  

