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C ITOH AMERICA ACQUIRES 10% INTEREST IN NOVA-NET COMMUNICATIONS

C Itoh America has acquired a 10% interest in Nova-Net Communications Inc, the Englewood, Colorado, supplier of satellite data communications networks using Very Small Aperture Terminals: C Itoh has a three-year-old joint venture with Hughes Aircraft Inc and Mitsui Trading Co that is planning to launch two Japanese satellites in 1988 and 1989.

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