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TouchStone Software Corp.: The Huntington Beach-based software...

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TouchStone Software Corp.: The Huntington Beach-based software company posted net income of $53,000 for the first quarter, up 22% from the $43,000 recorded for the 1990 first quarter. Revenue increased 32%, to $1.1 million from $839,000. Ronald Maas, chief financial officer, said that the 1991 first quarter net income included a net credit of $35,000 received from a royalty dispute settlement.

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