The Micrognosis Corp financial dealing systems subsidiary of Control Data Corp has established an Asia-Pacific Development Centre in Sydney, to develop software for the region, giving priority to developing software to meet the needs of the Japanese market, which suffered the least and recovered the quickest of any of the world financial markets after Meltdown Monday: the Micrognosis system is already installed at Mitsubishi and Mitsui Banks, giving a total number of dealer terminals – based on Sun-3s or MicroVAXes and running a Japanese language version of the Micrognosis software – in the several hundreds; the company is hopeful that it will win a contract due to be awarded shortly that will run into thousands of dealer terminals.
