Flotations & Financing

Morgan Cole acted for Rutherford Appleton Research Laboratory (RAL) on its investment in The Interactive Media Corporation (IMC), a recently formed company which will market IRIS (In Room Interactive System), a combination of TV, PC, VCR, radio and games console rolled into one. The company is 50 per cent financed by Midland Bank. Trinity College, Dublin was also an investor. Mishcon De Reya acted for IMC.