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July 24, 1988

TANDEM REPORTS 62% INCREASE IN TURNOVER FOR 9 MONTHS OF 1988

By CBR Staff Writer

Tandem Computers Ltd, the NonStop Cupertino, California company’s UK subsidiary has reported a 62% increase in turnover for the first nine months of fiscal 1988; the company reported sales of $110m for the period and expect to break all records for the fiscal year, according to Derek Everitt, managing director of Tandem Computers in the UK; he said that the company had had great success in the Electronic Funds Transfer at Point of Sale market and had won worth over UKP20m for the UK pilot scheme alone.

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