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DISCIS KNOWLEDGE Research Inc., one of the first software publishers to produce children's books on CD-ROM, has closed its doors. The failure was announced Aug. 7, after founder John Lowry conceded he could not find an investor to bail the company out of its more than $3-million debt.
Discis introduced thousands of school children to books on CD-ROM in 1990 with its acclaimed Learn to Read series. Titles such as The Tale of Peter Rabbit and Cinderella featured narration,...