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Super Computing Solutions Inc

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January 5, 1991 | By GREG JOHNSON, TIMES STAFF WRITER
Supercomputing Solutions, a supercomputer manufacturer that last summer laid off half its 60-member staff in a last-ditch attempt to cut operating costs, on Friday began to close down its remaining operations in San Diego. The company had laid off about 15 additional people and cut all nonessential operating costs during recent months, Chief Executive Allan D. Simon said Friday. But the company has exhausted its operating capital and is also unable to make interest payments on $1.
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BUSINESS
January 5, 1991 | By GREG JOHNSON, TIMES STAFF WRITER
Supercomputing Solutions, a supercomputer manufacturer that last summer laid off half its 60-member staff in a last-ditch attempt to cut operating costs, on Friday began to close down its remaining operations in San Diego. The company had laid off about 15 additional people and cut all nonessential operating costs during recent months, Chief Executive Allan D. Simon said Friday. But the company has exhausted its operating capital and is also unable to make interest payments on $1.
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