TECHNOLOGY - Feb. 25, 1992

Odetics Out in Front: Joel Slutzky, chief executive of Odetics Inc., said last week that his high-tech company is preparing to launch in April an automated tape library, or a robotic machine that can retrieve data storage tapes from a library and quickly feed them to a minicomputer.

William Gibson, an analyst at Cruttenden & Co., an investment banking company in Irvine, said in a research report that Anaheim-based Odetics is well ahead of its competitors and that it could generate as much as $60 million in revenue from the product line by the fiscal year ending March 31, 1995.

Slutzky said he wasn’t sure whether the company would hire additional staff this year. The company employs about 550 people in Orange County.