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Cadac Electronics Survival Plan

Following the recent announcement of plans to place Cadac Electronics into administration (Business News 10 June), etnow has been informed that the company's directors, led by Bob Thomas, are working with their advisers and financiers to develop a company turnaround plan, which is intended to negate the need for administration. This will ensure that the S-Digital console, now approaching production, will survive.

19th June 2008

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