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July 2, 1990

NINTENDO OF AMERICA HAS REPORTEDLY DROPPED PLANS TO WORK WITH FIDELITY INVESTMENTS

By CBR Staff Writer

Nintendo of America Co has reportedly quietly dropped its plans to work with Fidelity Investments in the creation of an on-line financial services package to be available through the planned Nintendo Entertainment System Network: Interactivity Report quotes Nintendo vice-president Jerry Ruttenbur as saying the Fidelity deal has moved slowly, with the investment company not having put a lot of time into the cartridge user interface needed in the venture, but says that Nintendo will continue to explore other broker and financial services deals – but Nintendo now says it plans to launch its on-line network in 1991, later than the original target of mid-1990; there’s no word about the status of Nintendo’s planned network deal with AT&T Co.

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