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Article: Publicker Industries Inc. Announces Letters of Intent In Connection with Smart Card Strategy.
- Article from:
- PR Newswire
- Article date:
- September 18, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FAIRFIELD, Conn., Sept. 18 /PRNewswire/ -- Publicker Industries Inc. (OTC Bulletin Board: PLKR) announced today that it has executed letters of intent to acquire an interest in two unrelated companies involved in the smart card industry. Publicker will acquire 50% of Tritheim Technologies, Inc. and Leapfrog Smart Products, Inc., with provision for ultimately increasing its ownership to 100%. Publicker's president, Mr. James Weis, said, "Our investments in Tritheim and Leapfrog mark a significant expansion of the Company's participation in the relatively new but rapidly growing U.S. smart card industry.Tritheim and Leapfrog will complement the investment we made ...