Hong Kong-based and Japanese-owned computer supplier Toppan Moore has agreed to distribute Apricot Financial Systems Ltd’s Quasar portfolio and unit trust management package, and in a complementary deal, DEC has appointed Toppan its first Far East OEM customer for the VAX range in financial markets so that Toppan can market Quasar on the VAX in Hong Kong and Macau: Mike Winn, Managing Director of Apricot Financial Systems, believes that Quasar’s multi-currency facility will prove suitable for Hong Kong based international financial services companies and expects to attain a significant share of the market within within two years; the move represents only the first stage in Apricot’s marketing strategy for the Far East, and Winn says the next will be a move into Japan.
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