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The Ottawa Citizen from Ottawa, Ontario, Canada • 11

Location:
Ottawa, Ontario, Canada
Issue Date:
Page:
11
Extracted Article Text (OCR)

BEST AV THE OTTAWA CITIZEN MONDAY, JULY 11, 1988 A11 OB BE 10' SBIIQSS 0 tto's Ottomf Lasers keep tab of gems For making the and Leasing for first half of 1988 a record Otto's. for New Car Sales The success of our New Car Sales and Leasing has allowed Otto's to offer "a fine selection of Pre-owned Omphalos Recovery Systems Inc. of Ottawa has licensed three local jewellers to offer its laser-based gem identification services. Gemstones other than those of great color-density, are laser-scanned to produce a uniquely identifying dot matrix which is stored in Omphalos's computer database. In the event of recovery following loss or theft, police forces and insurance companies can make a positive identification.

Police forces and 16 insurance companies are backing the system by recommending it, generally, and at least one insurance firm may make the system a mandatory condition for policies. Omphalos also operates through licensee jewellers a "unified detailed appraisal system" which is aimed at making jewel evaluation more The first three licensees are Alyea's Jewellers, Davidson's Glebe Jeweller, and Goldform. Omphalos expects to add licensees next in Moncton, N.B. and Kitchener. A few months ago Omphalos 1986 535i One owner, well maintained, fully equipped with automatic, power steeringbrakes, sunroof, AMFM' stereo cassette, alloys, air, $07 OrtC! central locking.

B1665A I 1986 325E 2 door, one owner, 5 speed, sunroof, AMFM stereo cassette, 1 QQC3 power steeringbrakes, central locking. B1569A 1984 318i 2 door, one owner, 5 speed, metallic paint, air conditioning, al- 1 loys, sunroof, AMFM stereo cassette. B1463A gOVJv 1984 318i 2 door, one owner, low kilometers, 5 speed, sunroof, AMFM $11 QQD stereo cassette, excellent condition. S1677A 1 ftjv7v7D 1982 528E One owner, 5 speed, metallic paint, AMFM stereo cassette, air $1 QQC conditioning, cruise control, central locking. B1388A BMW The Ultimate Driving Experience Rollercoaster-manufacturer sued 6 MONTHS or 10,000 km EXPANDED WARRANTY INCLUDED IN ALL ABOVE LISTED BMW's Ask for details simulation tools available for PC, DOS, UNIX, and VAXVMS.

The "kernel." of Harmony was developed originally in a National Research Council joint program with local universities and industry. Supply and Services' Capital Region Supply Centre (957-2696) wants bids by Aug. 12 to supply 295,380 units of four types of napkins and facial tissues. Employment and Immigration has bought $2,121,568 worth of data processing equipment from Honeywell Bull. Among large data processing services contracts recently: $950,000 to SHL Systemhouse from Secretary of State; $800,000 from Department of Communications to Industrial Life Technical Services; $635,100 from Supply and Services to Canada Systems Group; and $400,000 from National Defence to Eyretecnics.

(Alex Dryden is a freelance writer. Those with news of interest to the business community can contact him by phone at 225-4178 or by mail care of the Citizen.) and erect the rollercoaster. The company should have "known that the rollercoaster would be used by the consuming public and was a high-speed ride thereby requiring extreme care and skill in the design, manufacture, erection and delivery of it," says the statement of claim. The lawsuit claims $2.7 million in property damages from the accident, $10 million for interruption of business and $1 million in general damages. MACLEOD COMPANY LTD Donald A.

MacLeod C.A. Allen W. MacLeod C.A. Trustees in Bankruptcy 343 O'Connor 236-9111 THE SPACE SUPPLIERS FOR THE NATION'S CAPITAL Office Space Retail Space Warehouse Space Call us, we will be happy to build to suit your needs! AL HUBENIG DON HUGHES poiowin I REAL ESTATE LIMITED BROKER 141 Laurier Ave. W.

Suite 903 237-6423 Working Capita! Alex Dryden bought the Chicago firm which developed the laser gem-printing technique and equipment. While the Canadian operations will be centrally controlled, in the U.S. there are 800 jewellers across the country using equipment independently, using Omphalos only for centralized computer filing. This month, Innovation Ontario entered into a $250,000 share equity investment and debenture financing arrangement with Omphalos. The Taurus Computer Products division of Dy-4 Systems has a new real-time operating system called Harmony RTOS.

Dy-4 says Harmony products provide a complete environment for real-time applications with development, debugging and and one seriously injured. The accident was caused when the last car of one train left the track of the Fantasyland amusement park's steel triple-loop rollercoaster. The manufacturer signed a contract with Triple Five Nov. 29, 1984 and was placed into receivership June 28, 1985. The statement of claim says Schwarzkopf failed to properly design, manufacture, fabricate inn snagged report says actly accurate," but he refused to elaborate.

The inn is owned by three companies and 85 per cent of their shares were to have been bought by Deerhurst Group a partnership of Sherfam Industries and Woodmere Court Investments Inc. The original inn was built in 1896 as a simple lodge with two adjoining cottages. It now has live Las-Vegas-style entertainment, complete with showgirls, a golf course and extensive sports facilities. SHEJXER TAX ILX TAX PAID fV INVESTED IS IS GONE LSJ WORKING Invest in appreciating PRIME OTTAWA REAL ESTATE. Reduce your taxable income and receive WORRY-FREE property management as well as individually titled garden homes 1987 PRICES No down payment FuH guarantee Choice of location TOTAL TAX REDUCTION UP TO $40,031 (4 yrs.) IMMEDIATE INCREASE IN TAKE-HOME PAY Don't wait, call now for details or to i 1 reserve space at one or our rax sneiter workshops ft nShelter II II Consultants of MMCanada Ltd.

737-1022 All above listed automobiles, serviced RICHMOND RD. Ottawa, Ontario 725-3048 Closed Saturdays during Summer EDMONTON (CP) The West German manufacturer of West Edmonton Mall's Mindbender rollercoaster is being sued by Triple Five Corp. for $13.7 million. In a 12-page statement of claim filed in Alberta Court of Queen's Bench in Wetaskiwin, Triple Five states that negligence and breach of contract by Schwarzkopf GmbH caused or contributed to a fatal accident June 14, 1986, in which three people were killed Sale of historic on govt, loans, TORONTO (CP) The federal and provincial governments have refused to extend loans to prospective buyers of the historic Deerhurst Inn in Huntsville, says the Globe and Mail. A group of Toronto investors agreed last year to buy control of the inn for $11 million, the newspaper reported.

But the deal, scheduled to close next Friday, is in jeopardy because the two governments won't advance to the buyers the balance of $10 million in loans they agreed to give the resort, said the newspaper, quoting unnamed sources. Part of the loans have already been paid to the current owners, the sources said. Maurice Waterhouse, the inn's president, confirmed that negotiations to sell the inn are under way. In 1985, Ontario's Conservative government agreed to provide Deerhurst with $2.5 million in interest-free loans and $2.5 million in grants to build tennis courts, a golf course and other attractions. But when the Liberals assumed office they renegotiated the deal so that the entire amount would have to be paid.

The federal government also agreed to provide Deerhurst with a $5-million interest-free loan. The Muskoka property has assets of about $34 million, while its debts and liabilities total about $19 million, sources said. Waterhouse said some facts obtained by the Globe were not "ex and certified Years of Sales and Service extensive and growing databases to keep us and our clients informed. "Continental has also learned to use information as a potent new business tool. We prepare a case history and analysis of client coverage for every presentation.

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About The Ottawa Citizen Archive

Pages Available:
2,113,492
Years Available:
1898-2024