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WICAT LAYS OFF PART OF ITS WORK FORCE

SHARE WICAT LAYS OFF PART OF ITS WORK FORCE

Wicat Systems Inc. has announced a 7 percent to 8 percent cut in its work force.

Robert W. Mendenhall, president, said the layoffs tie directly to the company's business plans and product strategies and will position Wicat to achieve both near-term profitability and future growth.