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January 26, 1989


By CBR Staff Writer

Graphic Scanning Corp, the paging and telecommunications company in Englewood, New Jersey, is no longer for sale, and it has a new president and chief executive, Robert Cymbala from consultants Booz, Allen & Hamilton: the company made a loss at the operating level in the year to June, but showed a net profit of $48m by virtue of having sold some cellular franchises, on turnover of $116m; Cymbala reckons the company has excellent potential and is committed to growing it at a rate to match at least, and perhaps exceed, the 15% annual growth rate of the telecom market.

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