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January 11, 1988

NORTH ATLANTIC INDUSTRIES TO SELL TAPE MEDIA STORAGE PRODUCTS DIVISION

By CBR Staff Writer

North Atlantic Industries Inc of Hauppauge, New York, wants to sell its tape media data storage products division and invest the proceeds in its more lucrative military computer products line, but there is as yet no buyer in sight: for the first nine months of 1987, North Atlantic lost $585,000 on turnover almost static at $24.3m.

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