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David Kay Succeeds His Father as President of Kaypro Corp.

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David Kay was named Monday as president of Solana Beach-based Kaypro Corp., replacing his father, Andrew. The elder Kay had been president since 1952, when he founded the company, then known as Non-Linear Systems. Andrew Kay will continue as Kaypro chairman.

David Kay, 40, had been vice president of marketing and new product development since 1980.

“The transition won’t be all that dramatic,” David Kay said. “The company will have more of a marketing orientation, but my father will continue to be very active in the company. He is by no means going to be taking time off.”

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Kaypro reported a $6.2-million loss and revenues that fell 48% to $16.7 million for the third quarter ended May 31.

Kaypro recently announced across-the-board price cuts aimed at restoring sales, which have been slipping for more than a year. David Kay said the company’s new Kaypro PC, an IBM XT-compatible desktop model, will help restore the company to its role as “the price/performance leader” in the microcomputer market.

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