Transcript, 45 pp.After briefly describing his educational background and activities prior to the 1950s, Lappen discusses his association with Telemeter, Telemeter Magnetics, and DataProducts. Through his work with Mitchell, Silberberg and Knupp, Lappen became involved in the management of Telemeter, a Paramount company that developed a precursor to pay and cable TV. He discusses Telemeter's research and development work including: pay TV; a development contract with the Bank of America for a check sorter; a machine for language translation; the construction of ERMA for the Bank of America. Lappen describes the separation of Telemeter Magnetics which manufactured core memories for computer companies from the pay TV operation. He discusses t...