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Unisys To Unveil New Mainframes: Unisys Corp.,...

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From Times Staff and Wire Reports

Unisys To Unveil New Mainframes: Unisys Corp., the computer maker struggling to return to profitability, says the new mainframe computers to be unveiled today will be the world’s quickest for what is known as on-line transaction processing. The term refers to the rapid use of a computer to check or update customer records or other accounts. Airline reservation agents and bank tellers use on-line transaction processing frequently.

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