TouchStone Software Corp.: The Seal Beach computer...

TouchStone Software Corp.: The Seal Beach computer software company said it lost $52,400 for 1989 due to higher marketing expenditures for a new product. In 1988, the company posted earnings of $16,300. Revenue in 1989 increased 63% to $1.7 million from $1 million the previous year. Shannon Jenkins, president and chief executive, attributed the increased revenue to sales of a new product.