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November 16, 1993

INSCI FAILS TO LICENSE COINSERV SOFTWARE

By CBR Staff Writer

Information Management Technologies Corp reports that its majority-owned Insci Corp has failed to seal its agreement for IBM Corp’s Pennant Systems printer arm to license its Coinserv software: it was to have been used in an optical disk-based document archival system for Pennant’s Advanced Function Printing customers; Insci will continue its existing marketing alliance through which IBM markets Coinserv as a software application for use together with the RS/6000.

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