Osicom falls into receivers' arms

Welsh PC assembler and distributor Osicom has gone into administrative receivership. David Gilbert and Simon Michaels of BDO Stoy Hayward were appointed joint administrative receivers on 6 April. The Cardiff-based outfit, which claims to have been the UK's first Intel Authorised Solutions Provider, has 36 employees. The company, which only sells through the dealer channel, makes workstations, servers, notebooks and telephony systems. Incorporated in December 1994, the company changed its name from Pytime in February 1995. It is part of the OTEK group. ®