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December 9, 1987

GLOSSIES LATE, SO MICROPRO FIRST QUARTER FIGURES WILL BE DISAPPOINTING

By CBR Staff Writer

MicroPro International Corp, San Rafael, California has come up with an odd excuse for warning that its turnover for its fiscal first quarter to November 30 will be adversely affected. Reason is that it got backlogged on shipments of the latest release 3 of WordStar 2000 Plus. One might think that software manufacturing was one of the simplest commercial activities there is, but MicroPro was hit by delays in receiving printed materials and documentation from its supplier so rather then send out the disks with temporary photocopied documentation and send the glossy stuff on afterwards, it held back shipments, and ended the quarter with a backlog of over $700,000. For the first quarter of fiscal 1987, MicroPro reported revenues of $8.4m and earnings of $26,000, – 0 cents per share. Leon Williams, MicroPro’s president and chief executive commented, We are very disappointed that some shipments of WordStar 2000 Plus Release 3 were delayed, and we were unable to fulfill all of our orders from our distributors, dealers and end users. However, reviews have been outstanding, and the product has been very well received.

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