Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF MAY 16,1996 PSA#1596

NAVICP, 700 Robbins Avenue Philadelphia, Pa 19111-5098

12 -- ENCODER-DECODER,COM POC Contact Point, Stephen T Vannote, 0224.02, (215)697-5998, Fax, (215)697-3161, Twx, Not-avail CNT N0038392GK2187004, NIIN 012405410 AMT $633,915 DTD 050896 TO Smiths Industries Aerospace &, Clearwater,FL 34618-0000 (0135)

Loren Data Corp. http://www.ld.com (SYN# 0524 19960515\12-0001.AWD)

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