Dec 6 (Reuters) - Insignia Systems Inc ISIG.O :
* INSIGNIA SYSTEMS INC - ANNOUNCES REVIEW OF STRATEGIC
ALTERNATIVES
* INSIGNIA - POTENTIAL ALTERNATIVES THAT MAY BE EVALUATED
INCLUDE,
BUT NOT LIMITED TO, ACQUISITION, MERGER, BUSINESS COMBINATION,
IN-LICENSING/ OTHERS
* INSIGNIA SYSTEMS INC - HAS NOT SET A TIMETABLE FOR
COMPLETION OF
REVIEW PROCESS
* INSIGNIA - DOES NOT INTEND TO COMMENT FURTHER UNLESS/UNTIL
BOARD
HAS APPROVED DEFINITIVE COURSE OF ACTION/DETERMINED OTHER
DISCLOSURE IS APPROPRIATE
* INSIGNIA - CHARDAN HAS BEEN ENGAGED TO ACT AS CO'S
STRATEGIC
FINANCIAL ADVISOR TO ASSIST CO IN REVIEW PROCESS
Further company coverage: ISIG.O
((Reuters.Briefs@thomsonreuters.com;))