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May 3, 1994

POWERSOFT CORP EXPECT TO ACQUIRE TWO DISTRIBUTORS

By CBR Staff Writer

To strengthen its European business, Powersoft Corp expects to acquire two of its distributors here in the near future: it will continue introducing products this year in languages including Italian, French, German and Korean, it said at the Hambrecht & Quist technology conference; addressing rumours that its margins are eroding as a result of pricing pressures in the client-server market, it said margins are holding up, and responding to another rumour that customer Dun & Bradstreet Corp was unhappy, it said it is a happy customer and an important client; the firm’s tools product update, PowerBuilder 4.0, will be available this year under the Windows, Unix, Macintosh and Windows NT environments.

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