
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, February 15, 1991                   TAG: 9102150182
SECTION: BUSINESS                    PAGE: B-5   EDITION: METRO 
SOURCE: 
DATELINE: VIENNA, VA.                                LENGTH: Short

DRN DEAL MAY MEAN JOBS AT VIENNA FIRM

Digital Radio Networks L.P. reached an agreement with Visa U.S.A. on Wednesday that could speed up credit card authorizations across the country.

The deal could also mean new profits and expansion for the small Vienna firm, which employs only 40 people.

"This is a very significant deal for DRN," said Stewart Dougherty, executive vice president for sales and marketing for the company. "By 1995 we expect to be processing 1.8 billion transactions a year. We'll be going from the low millions to billions."

DRN currently is the only company nationwide that offers the radio-based authorization system because it has a license in the only radio frequency range where the Federal Communications Commission allows credit authorization transactions.

- Associated Press

by CNB