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March 16, 1987

JESSE AWEIDA MERGES WITH ASPEN PERIPHERALS TO RETURN TO TAPE DRIVE MANUFACTURING

By CBR Staff Writer

Storage Technology Corp founder and chairman Jesse Aweida has bounced back into his first love, IBM-compatible tape drive manufacturing by merging his Aweida Systems marketing company with its Colorado neighbour Aspen Peripherals and taking over as chairman of the combined company. Aspen, of Longmont, announced its I480 IBM 3480-compatible B tape drive last spring (CI No 411), with Aweida Systems of Boulder as its first remarketer (CI No 411); Third Party Management of London markets the drives in Europe. Aspen says that it has shipped 150 I480 drives since beta testing began in November. Aweida resigned as chairman of StorageTek shortly after the big plug-compatible manufacturer filed for Chapter XI bankruptcy protection in October 1984.

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