Pyramid executive helped A.T.&T. win big contract

Article Abstract:

The US Treasury Department awards a $1.4 billion computer contract to AT&T, and the deal highlights the career of Edward W. Scott, Jr., of Pyramid Technology Corp, Mountain View, CA. Pyramid is AT&T's principal subcontractor in the arrangement with the Treasury Department, and it was Scott who negotiated the original agreement between Pyramid and AT&T in Oct 1989. Pyramid now has an order for 3,200 high-end computers, which will be used in Internal Revenue Service (IRS) offices nationwide. Pyramid's shares rose $3.75, to $18 on Monday, Jul 15, 1991, when the news was announced, and the stock increased another 75 cents on Tuesday. Scott, who is 53, came to Pyramid in Sep 1988. Analysts predict Pyramid's revenues will reach $220 million in 1991.

Electronic computers, Contracts, Employment, United States. Department of the Treasury, column, Government Contracts, Stock, Pyramid Technology Corp., PYRD, Scott, Edward W., Jr.

---

Next finds a president in telephone industry

Article Abstract:

Next is hiring Peter van Cuylenburg as its COO and president. Cuylenburg had formerly worked as an executive at Texas Instruments Inc and at Cable and Wireless PLC. Van Cuylenburg will join Steve Jobs who founded Next, and will work with Jobs on a daily basis. Next has taken steps in the first few months of 1992 to strengthen its upper management before a planned public offering later in the year. The addition of van Cuylenburg to Next will give Jobs more time to work with the engineering and marketing staffs. Jobs is also the chairman and CEO of Next.

Computer peripheral equipment, not elsewhere classified, Chief operating officers, Personnel Management, New Appointment, NeXT Computer Inc.

---

Similar abstracts:

• Abstracts: Computer chip advance is reported. A.T.&T. making comeback in chips. Computer chip starts angry debate
• Abstracts: A.T.&T. deal may hinge on S.E.C. ruling; 'pool' treatment asked; NCR reappoints Exley and president to board
• Abstracts: AT&T loss in NCR vote is expected. NCR chief reasserts view that A.T.&T. bid is too low

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.