RACAL ANNOUNCES U.S. UNIT AND MARKETING AGREEMENT
Racal Electronics Plc <RCAL.L> announced
the formation of a new company <Racal-Guardata Inc.> of Orange
County California, as well as a co-operative marketing
agreement between the new company and <General Electric
Information Services Company> of the U.S.
    Racal said the new company, a part of the Racal-Chubb data
security operation, will sell proven data security devices and
systems into the U.S. Where experts believe computer fraud
could be costing users as much as five billions dlrs a year.
The agreement enables users of GE's worldwide teleprocessing
services to combat fraud against financial institutions.
 REUTER
