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July 22, 1994

FLURRY OF INTEREST IN INTEGRATED MICRO PRODUCTS

By CBR Staff Writer

Consett, County Durham-based fault-tolerant Unix systems builder Integrated Micro Products Plc, which floated on Nasdaq at $7 a share last year, has seen a sudden flurry of investment interest after a road-show around the financial community to highlight its charms, and the hiring of Alfred Dei Maggi as vice-president of worldwide marketing from Tandem Computers Inc: Integrated Micro is pitching its machines squarely at the telecommunications market, but its shares have not done much since it floated at $10 – they have drifted down to $7 even but rose 62.5 cents to $7.625 on volume of 44,500 shares, compared with average daily volume of 16,700, with the Tandem hiring seen as recognition that its products really are competitive.

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