Longtime Eastside tech firm to close 2002-12-17 by Clayton Park Journal Business Editor REDMOND -- One of the Eastside's oldest technology companies announced Monday that it plans to shut down. Applied Microsystems Corp. CEO Stephen Verleye said the board of directors decided to recommend to shareholders that the company be liquidated after it was unable to raise funds to continue development of new products. The Redmond company, which was founded in 1979 and went public in 1995, currently employs 25 workers, down from 250 in 1997, its last profitable year. Up until recently, Applied Microsystems' primary business was making embedded...