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Technology / AI and automation

APOLLO COMPUTER HAS OEM CONTRACT FROM PROPHECY DEVELOPMENT

Apollo Computer Inc has an OEM contract worth $2m to $4m from expert systems software specialist Prophecy Development Corp of Cambridge, Massachusetts, which wants to market the stations running its Contessa Resource Management Solution, which applies expert systems technology to help brokers to judge share trades, insurance underwriting quotations and arbitrage moves – with the facility to handle all three at the same time in different windows if they are getting bored.

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