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Semaphore acted primarily as a distributor and licensee for labels such as Community 3 and Shimmy Disc Europe. It was also a record label with its own releases and its own sub-labels (Clublink, Flametrader, Lazy Eye, Naugh, Recent Programmings, Resonance, & Schemer).
In addition to the main office located in the Netherlands, a German branch in Nürnberg (Andernacherstrasse 18) was operative too. The company went out of business in the late '90s.