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August 18, 1988

EVEREX SYSTEMS BUYS TRANSIMAGE CORP

By CBR Staff Writer

Everex Systems Inc, Fremont, California has bought substantially all the assets optical character recognition technology and products developer TransImage Corp: the principal product is a high-resolution hand-held optical scanner capable of recognising a broad range of non-preprogrammed typefaces at a fraction of the price charged for competing products; no terms given.

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