| Ticker: FATS | 7340 McGinnis Ferris Road | |
| Exchange: NASDAQ-National Market | Suwanee, Georgia 30174 | |
| Industry: Manufacturing | (770) 813-0180 |
| Type of Shares: | Class A Common Shares | Filing Date: | 9/30/96 | |
| U.S. Shares: | 6,000,000 | Offer Date: | 11/26/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 4,000,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 2,000,000 | Gross Spread: | $0.98 | |
| Offering Amount: | $90,000,000 | Selling: | $0.56 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 20,024,171 |
| Manager | Tier | Phone |
| Montgomery Securities | Lead Manager | (415) 627-2220 |
| Lazard Freres & Co. | Co-manager | (212) 632-3000 |
| Robinson-Humphrey Company, Inc., The | Co-manager | (404) 266-6000 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 3/31/96 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $65.44 | $13.37 | $13.98 | Assets: | $31.22 |
| Net Income: | $12.79 | $2.22 | $2.18 | Liabilities: | $7.74 |
| EPS: | $0.80 | $0.14 | $0.14 | Equity: | $23.48 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a Delaware corporation, is the leading worldwide producer of interactive simulation systems designed to provide training in the handling and use of small and supporting arms. The company offers a broad array of cost-effective training systems ranging from individual marksmanship trainers to instructional systems for multiple users. Unlike traditional live firing ranges, the company's simulation systems enable users to train in highly realistic situations through the integration of video and digitized projected imagery and modified, laser-emitting firearms that retain the fit, function and feel of the original weapon. Utilizing internally developed proprietary software and sensors incorporated into the simulated weapons, the company's systems offer real-time feedback and evaluation with respect to a number of performance measures such weapons handling. Over its 12-year history, the company's team of experts has developed over 180 types of simulated weapons and approximately 100 laser discs containing more than 1,000 training scenarios. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay outstanding indebtedness. |
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