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July 20, 1987

CPT ABANDONS MANUFACTURE

By CBR Staff Writer

CPT Corp has decided to abandon the manufacture of its own word processing systems, and will turn itself into a systems integrator and value-added reseller. The Minneapolis pioneer of stand-alone word processors, which has not made a profit since 1984, will quickly phase out its Phoenix Junior word processor, leaving as its only current product the 9000, which is an MS-DOS-based word processor built around a bought-in AT-alike, reports Electronic News. The announcement was accompanied by lay-off of 72 of the company’s 1,260-strong work force.

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