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NCR Unit Gets Order From Brazilian Bank

June 11, 1985|DJ

ST. PAUL, Minn. — NCR Corp. said its Conten Inc. unit received an order from Banco do Brasil for 18 Conten 3690 communications processors for use in the Brazilian bank's new on-line banking network.

The order is valued at about $18 million, the company said.

The company said payment has been secured by a combination of cash repayment and a letter of credit.

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