[clari.nb.business] Two Divisions of Microcomp Australia Sold by Receivers

newsbytes@clarinet.com (02/04/90)

SYDNEY, AUSTRALIA, 1990 JAN 30 (NB) -- Receivers of high-end PC
house Microcomp Australia have sold the dealership 
division's Canberra branch as well as the software division
of the troubled company.

BIS Banking Systems has bought the software division, and
will continue to market the main product of the division,
DR-one, a dealing room delivery system. With a turnover
exceeding AUS$5M last year in domestic and overseas
markets, this division is expected to grow further with the
opening of the Southeast Asian and European markets and
the imminent release of a new version of the product. To
take advantage of the Japanese market, a Kanji language
version of the software has been developed.

HiSoft Computers acquired the dealership division's
Canberra branch. The remaining divisions of Microcomp
Australia will continue to be run by the appointed
receivers until they are able to be sold.

(Sean McNamara/19900202)


--
This, and all other articles in the clari.nb hierarchy are Copyright 1990
by the Newsbytes Information Service.  Only paid subscribers may access
these articles.  Any unauthorized access, reproduction or transmission is
strictly prohibited.  We will reward the first provider of information that
helps us stop violators of this copyright.  Send reports to
reward@clarinet.com.