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Show Page Two National Enterprise , March 24, 1976 HealthGarde Closes Northrop Pact SALT LAKE CITY-Co- me April Fool's Day, 1976, HealthGarde (OTC 1.375, 1.50) will more than double current assets and increase shareholders equity 250 percent. Acquisition of Berkley Scientific Laboratories from Northrop is no joke to the Salt Lake based medical services and computer systems firm. On that day, says Chief Executive Officer Frank Atmore, HeathGarde takes control of computer product lines. Addthe firm that pioneered auto- ing BSL as third division of mation of clinical laboratories. the company, HealthGarde In a conference held for the will continue to market, pro- brokerage community last duce and service this product line at Hayward, Cal. under the BSL name. Also acquired under terms of the agreement are $2.8 Under the agreement, million in assets, BSLs invenHealthGarde will acquire from tory of the 700 and 710 lease Northrop its Clindata 700 and computers, a five-ye710 hospital clinical laboratory contract with the Los Angeles week in Salt Lake, Atmore said final arrangements with Northrop have been sealed. day. April 1 is the take-ove- r Vanier Graphics Marks Promotion County Hospital totalling $1.05 million, a field service contract for the hospital SANTEE, amounting to roughly $5,000 per month, another hospital contract to update current equipment, which, according to company president Stan Roland, should total a couple 8.00). Vanier Graphics Corporation is the Santee, Calif, based producer of business forms and related specialty printed products. sion. HealthGarde will also retain 25 of BSLs key personnel, comprising the sales and marketing and technical education Security Brokers, Dealers, Corporate Officials, Attorneys. Goddard, 34, has been an employee of Vanier since his graduation from the University of San Diego. He began his career as a management trainee in the production department at Santee. He was promoted to Forms Consultant and later to Sales Supervisor in the Los Angeles area. From there he was transferred to the Vanier subsidiary, Hawaiin Printing Co., Ltd. in Honolulu as General Manager. He returned to the corporate offices as General Sales Manager in 1973. divisions. For all this, Atmore said, HealthGarde will pay a total purchase price of $2.1 million, $500,000 of which is due to Northrop by May 1. Taking a five year payout period on a 6 percent note, HealthGarde will pay only interest for the next five years. At that time, the balance of $1.6 million will fall due. Effective April 1, Health-Ga- rde will see current assets grow from $1.6 million to $3.3 million. Likewise, shareholder equity will jump 250 percent from $450,000 to slightly over $1 million. Atmore said HealthGarde will convert to cash over $300,000 in accounts receivable and the $1.05 million LA County Hospital contract over the next several months. Declining to forecast on page 12 -- In his new position Goddard will have direct responsibility for business forms sales in the marketing area of Vanier which covers most of the Western States from over 17 sales and service offices. . foamidl Atelpmg for sweaty palms Juristics Securities Law Seminars help you avoid problems under securities regulations. They're education on tape to protect you and your clients. Complete, current, concise seminars covering the field of Securities Law, you learn at your leisure from experts. Listen and learn while you commute to the office, while you have lunch, in the evenings as you relax at home. 12 Cassette Seminars in handsome mas E. Goddard has been promoted to Vice President-Sale- s of the business forms division of Vanier Graphics (OTC 7.25, hundred thousand dollars and a $100,000year maintenance contract, the 24,000 square foot plant, property and equipment, accounts receivable, and the customer service divi- ar Calif-Tho- finan-continu- ed First Greatwest Notes Earnings s LINCOLN, Nebraska The Board of Directors of First Greatwest Corporation (4.875, 5.375) declared a $.25 per share annual cash dividend to shareholders of record as of April 16, 1976. Dividend checks will be mailed on or about May 17, 1976. The dividend is in the same amount paid in 1975, which was the first dividend paid by the company. The Company reported earnings from operations reached a new high of $1.03 per share in 1975 compared to $1.02 per share in 1974. Investment losses realized in 1975 were $.14 per share compared to a realized gain of $.01 per share in 1974. Net earnings in 1975 were $.89 per share compared to $1.03 in album with compendium 1974. for the small investment of only $1 00.00. Any one of the 1 2 sessions could save you many times its modest cost. All THE NATIONAL JURISTICS Send for your Juristics Securities Law Seminars now. . Subscriptions 1 8 per year 35 Cents o Copy The National interprise is published weekly by the National Enterprise Publishing Company, Inc, S00 Continental Bank Bldg., P.0. Bex 11778, Pioneer Station, Salt lake Gty, Utah 84147. (801) 6 Juristics, Inc. S33-05S- 233 Parker, Suite 101 Second Class Postage Paid n Salt Lake City, Utah P.O.Box 11126 San Francisco, California 941 01 Please send me the Juristics 1 2 Cassette Seminar on Securities Law. My check for $100.00 is enclosed. Name R. George Gregersen Publisher Alene ! E. Bentley Editor Street Address State City Charge my Ryan B. Business Bankamericard Account Number Signature Zip Master Charge Boulton Manager Mary McMillan Gabor Expiration Date . ' .. 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