introducing the Jet, Trans-Lux applied the same innovations to closed-circuit television. The Jet's popularity required Trans-Lux to find a larger production facility. In 1970, the company moved to Norwalk, Connecticut. Demand for Jets continued to grow. Longer versions of 15, 25, and were produced. In 1969, Trans-Lux had succeeded in reducing the size of the Jet to one-fifth of the original. Ten years later, by developing a powerful miniature microprocessor chip, the company reduced the Jet to one-twenty-fifth of its original size. As successful as the Jet was, it failed to address one important segment of the stock market: large portfolio holders and active traders had no way to automatically focus on their market objectives and private individual stock holdings. When a Chicago-based company, Quotemaster (later Extel) developed an experimental prototype for a selective read-out device, Trans-Lux approached them. The company soon began to develop and then manufacturing the device, now called the Personal Ticker, which could be programmed to monitor up to 40 stocks on a single exchange. By 1969, Trans-Lux began installing the product for private investors, portfolio managers, pension fund administrators, investment advisors, and individual brokers. That same year the strong bull market abruptly ended, drastically impacting installations of all types of Trans-Lux equipment. Following the market decline, Trans-Lux management learned that their electronic display sales should not be overly dependent on a single industry, and decided to diversify. The company formed an industrial sales department in 1970 under the leadership of Louis Credidio, who went after the commodity market and in 1971 sold an adaptation of the Personal Ticker, the T-900, to the Chicago Board of Trade. Soon Trans-Lux completed sales to many other commodity exchanges, capturing a small but significant new market. When Extel's teleprinter terminal sales boomed, it contracted Trans-Lux to manufacture keyboards and way-station selectors, which led to Trans-Lux's entry into the teleprinter market. Credidio studied the telex terminal field and by 1974 Trans-Lux began marketing a telex terminal, the Trans-Lux Teleprinter (TLT), to several industries. More than 700 terminals were installed by 1975. Diversification Early in 1995, Trans-Lux acquired Integrated Systems Engineering, Inc., a full-service electronic sign manufacturing company, to broaden its outdoor signage capabilities, such as those found on billboards, or outside truck stops, banks, and sports arenas. The company's capacity to produce electronic displays increased in 2000 when it opened a modern outdoor display manufacturing facility in Utah. The indoor