“Fiscal 1978 was another record year for AIC. As a result of the continuing decrease in the cost of computers, the number of users is increasing significantly. This, in turn, creates an increasing demand for programming services. To meet this demand, AIC is expanding in current locations and establishing new branches. In the last year, AIC has expanded from seven to thirteen branch offices. We appreciate your investment in AIC and will strive with confidence to increase its value.” (Frederick W. Lang, President, in a letter to shareholders, AIC Annual Report as of June 30, 1978.) “An important factor in AIC’s ability to expand at this rate is the high caliber and competence of our staff in both managerial capabilities and technical accomplishment. Assuming the demand for computer programming services increases, as is forecast, it is our plan to continue this expansion trend.” (Frederick W. Lang, President, in letter to shareholders, AIC Annual Report as of June 30, 1979.)

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