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MONITERM ANNOUNCES REDUCTION IN WORK FORCE

 MONITERM ANNOUNCES REDUCTION IN WORK FORCE
 MINNETONKA, Minn., Nov. 26 /PRNewswire/ -- Moniterm Corporation


(NASDAQ: MTRM) announced today that it laid off 30 employees at its Minnetonka location which represents approximately 28.8 percent of its work force. The reduction in work force was implemented Nov. 25, 1991, and was due to inadequate sales to support the overhead. The reductions impacted production, engineering, marketing and administration.
 Moniterm is a leader in the design and manufacture of high resolution monitors and displays for the computer industry.
 -0- 11/26/91
 /CONTACT: John D. McClung of Moniterm, 612-935-4151/
 (MTRM) CO: Moniterm Corporation ST: Minnesota IN: CPR SU:


KH -- MN009 -- 7423 11/26/91 15:11 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 26, 1991
Words:113
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