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April 6, 1988

MEMORY COMPUTER COMPLETES MEIOSIS FROM HARDWARE HOUSE TO SYSTEMS HOUSE

By CBR Staff Writer

Memory Computer Plc, the Dublin systems house quoted on the Unlisted Securities Market showed a 57% increase in turnover in its first half results released yesterday. There was a 73% growth in the UK market which now accounts for almost half of Memory’s total business. David Stern, corporate development manager, said the company’s increased expansion into Unix-based software in the last six months was a major factor for the increase in sales. He expects the investment in Unix systems to yield substantial results in the near and medium-term future. The company underwent a recent reorganisation of operations, including investment in personnel, training plus upgrading the group’s internal computer systems which was reflected in the small increase in pre-tax profit to UKPIr104,000 from UKP86,000. The company has also invested in the development of Prime-based software packages which should result in a series of new products in the new year. Following the demise of Memory’s 74S281 4-bit bit-slice M55 machine the company has now completed the transition from computer manufacturer and distributor to a value added systems, software and maintenance company. Memory is also trying to de-emphasise its hardware distribution role.

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