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NBI NEGOTIATES TO SELL OFFICE PRODUCTS UNIT

NBI Inc, Boulder, Colorado has responded to the hostile filing from the Fisher Investments group (CI No 873) by saying that it had already reviewed all the ideas Fisher was proposing for strenghthening its business, and that it was already in preliminary discussions with a number of prospective purchasers for a portion, or all, of the Office Products Division. The division, known as NBI’s The OfficePlace, is headquartered in Aurora, Colorado, and also has operations in California, Hawaii, Alaska and Washington state. NBI now intends to focus entirely on its Computer Sysand says that major product introductions are scheduled for next quarter. NBI filed its plans to remove the uncertainty generated by the aggressive Fisher filing, which was damaging its computer business.

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