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DIGITAL ANNOUNCES HALF-MILLION DOLLAR INVESTMENT IN BUSINESS CONSORTIUM FUND

 DIGITAL ANNOUNCES HALF-MILLION DOLLAR INVESTMENT
 IN BUSINESS CONSORTIUM FUND
 SPRINGFIELD, Mass., Jan. 20 /PRNewswire/ -- Today Digital Equipment Corporation (NYSE: DEC) announced a $.5 million investment in the Business Consortium Fund, Inc. (BCF), to assist in the development of minority-owned enterprises in America.
 Murvin Lackey, vice president of Digital Corporate Purchasing, presented the check to Marcial E. Robiou, president of the BCF amidst a celebration of Martin Luther King Day and the 20-year anniversary of Digital's inner city plant in Springfield.
 "We are pleased with the opportunities this investment presents for Digital and the minority supply base," said Lackey. "It makes good business sense for Digital to help the BCF to finance promising firms. Diversity amongst our suppliers is a competitive advantage. In addition, our customers expect us to cultivate these valuable business partners.
 Small and medium-sized businesses have the potential to be the fastest growing and a critical factor in helping the American economy by both generating and retaining jobs," added Lackey. "Digital's suppliers and Complementary Solution Organizations (CSOs) are comprised of minority businesses with the same need for access to capital. The BCF can have significant impact by co-funding these companies whose alliances help Digital to build a stronger portfolio of innovative solutions and to reach new markets.
 The Business Consortium Fund was formed in 1984 through the initiative of the National Minority Supplier Development Council (NMSDC), a national trade group that brings together minority suppliers and corporate buyers. The BCF provides operating capital to qualified suppliers who conduct business with the Fortune 500 companies who support the NMSDC and its network of affiliate regional councils. The BCF has provided 181 minority owned companies with more than $28M of financing and a return to its 38 investing corporations.
 "Corporate America is playing a key role in stimulating economic development," explained Robiou. By investing in BCF, Digital goes beyond its long standing commitment to purchase goods and services from minority business. This investment will provide greater accessibility to credit thereby enabling these enterprises to grow, to compete and to bring more business back into their community. The BCF gives funders the opportunity to invest in such companies at a reasonable rate of return and with limited risk."
 Digital Equipment Corporation, headquartered in Maynard, Mass., is the leading worldwide supplier of networked computer systems, software and services. Digital pioneered and leads the industry in interactive, distributed and multivendor computing. Digital and its partners deliver the power to use the best integrated solutions - from desktop to data center - in open information environments.
 -0- 1/20/92
 /CONTACT: Cynthia Ellis of Digital Equipment, 508-493-4827/
 (DEC) CO: Digital Equipment Corporation ST: Massachusetts IN: CPR SU:


PB -- NE003 -- 1294 01/20/92 08:23 EST
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Publication:PR Newswire
Date:Jan 20, 1992
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