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CPT Word Processors

CPT Corporation
Traded as CPTC, National Over the Counter
Industry Word Processing
Fate Discontinued
Founded 1971
Founder Dean Scheff
Headquarters Factories in USA and Ireland, Eden Prairie, Minnesota, United States
Area served
World wide
Products Stand-alone word processing machines
Revenue $200,000,000 annually max
Number of employees
2000

CPT Corporation was founded in 1971 by Dean Scheff in Minneapolis, Minnesota, with co-founders James Wienhold and Richard Eichhorn. CPT first designed, manufactured, and marketed the CPT 4200, a dual-cassette-tape machine that controlled a modified IBM Selectric typewriter to support text editing and word processing.

The CPT 4200 was followed in 1976 by the CPT VM (Visual Memory), a partial-page display-screen dual-cassette-tape unit, and shortly thereafter by the CPT 8000, a full-page display dual-diskette desktop microcomputer that drove stand-alone daisy wheel printers.

Subsequent products included (1) variants on the 8000 series; (2) the CPT 6000 series, which had a lower capacity, smaller screen, and was less expensive; (3) the CPT 9000 series, which had a larger capacity and could run IBM personal computer software; (4) the CPT Phoenix series, which had a graphical capabilities; (5) CPT PT, a software-only reduced version that ran on IBM personal computers and clones; and (6) other related products.

The CPT logo—originally three letters chosen to sound well together—began to be taken as an acronym for "cassette powered typewriting," and subsequently for "computer processed text," and numerous other variants. Major competition was IBM, Wang, Lanier, Xerox, and other word processing vendors.

CPT Corporation was fifth in size among Minnesota-based top high-tech companies, after 3M, Honeywell, Control Data, and Medtronic. Corporate revenues grew to approximately a quarter-billion dollars per year in the mid-1980s, then declined with the proliferation of personal computers. CPT ultimately ceased major manufacturing late in the 20th century.


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