BINDER #672
1/30/80

The following is for your information:

(1) Market Street Associates of St. Louis

This is a Joint Venture consisting of IBM, The First National City Bank of St. Louis and the Equitable Life Assurance Society of the U.S. The Venture is building an office building at 901 Walnut St. in St. Louis, Missouri.

(2) Discovision Associates

This is a Joint Venture with IBM and MCA Inc., to develop, manufacture and market video disk systems. They are located at 8003 West Park Avenue, McLean, Virginia 22102.

(3) Satellite Business Systems

This is a partnership with Aetna Satellite Communications Inc. and COMSAT General Business Communications Inc. formed for the purpose of putting up a domestic satellite for telecommunication in 1980. IBM formed a new subsidiary called Information Satellite Corporation to act as their representative in this Partnership.

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