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March 4, 1987

ELECTRONIC MAIL CORP OF AMERICA CONTINUES TO SEEK FINANCE

By CBR Staff Writer

Electronic Mail Corp of America, Old Greenwich, Connecticut, has so far failed to raise the finance it wants but will maintain operations while it continues on its quest: the company lost $2.2m on turnover of $500,000 in the six months to December, up from a $1.7m loss last time on $255,000 sales.

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