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August 4, 1987

OLIVETTI, LASER FRIENDLY PACT ON DESKTOP PUBLISHING

By CBR Staff Writer

Olivetti SpA has chosen The Office Publisher from Laser Friendly Inc, Sunnyvale, California as its PC-DOS desktop publishing entry, winning exclusive distribution rights to the product in Europe, and an option on other markets outside the US. Olivetti also paid $1m for warrants convertible into 1.5m Laser Friendly shares at $11.40 a time. The English version is due immediately with Italian, German, French and Spanish set for the fourth quarter.

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