Media Logic Inc, Plainville, Massachusetts specialist in floppy disk evaluation and certification systems, plans a big diversification and has formed a new unit to develop and market a line of data storage products. The as-yet-unnamed unit is based in US storage capital Boulder, Colorado and is developing its first product line: it plans to demonstrate it at Comdex/Fall. It made a first quarter net loss of $2.4m in the period to June 30 due to continuing difficulties in foreign markets related to the global price decline of floppy disk media.The products under development are expected to bring new functionality to a storage market segment that is currently characterised by limited, single function, user unfriendly products, the company promised.
