Word: micraligns
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Dates: during 1980-1989
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...cause of that fuss was the disappearance of two projection mask aligners (price: $250,000 each) made by Perkin-Elmer Corp. of Norwalk, Conn. The automobile-size machines, called Micralign 200s by Perkin-Elmer, are used in the manufacture of microcircuitry for everything from digital watches to missile guidance systems. Designed ten years ago, the equipment has since been superseded by more advanced models. Nonetheless, the Commerce Department has it on a list of equipment banned for export to Iron Curtain countries. Commerce analysts estimate that 70% of computer microchips made in the Soviet Union are turned out on Western...
...Micraligns were definitely not installed in Eler's Geneva offices. The company has no offices. Like hundreds of firms taking advantage of Switzerland's secretive banking and tax laws, Eler was represented in Geneva by a local lawyer, who has since cut her ties with the company. Eler is, in fact, run from Paris by Joe Lousky, a businessman specializing in import-export arrangements. Says Lousky of the Micralign deal: "This is a highly complicated affair. I have absolutely no way of knowing where those machines are right now." TIME has learned that the Micraligns were shipped...
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