| Proposed Ticker: | ISNX | 4010 Moorpark Avenue, Suite 119 | |
| Exchange: | NASDAQ-Small Cap Market | San Jose, California 95117 | |
| Industry: | Manufacturing | (408) 260-0155 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 10/2/96 | |
| U.S. Shares Filed: | 850,000 | Filing Range: | $5.90 - $7.90 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $5,865,000 | |
| Primary Shares: | 850,000 | Expenses: | $500,000 | |
| Secondary Shares: | 0 | Shs Out After: | 2,765,576 | |
| Manager | Tier | Phone |
| Pryor McClendon Counts & Co. | Lead Manager | (215) 569-0274 |
| National Securities Corp. | Co-manager | (206) 622-7200 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 4/30/96 | 7/31/96 | 7/31/95 | 7/31/96 | ||
| Revenue: | $5.57 | $1.56 | $1.19 | Assets: | $2.14 |
| Net Income: | $0.28 | $0.04 | $0.08 | Liabilities: | $1.93 |
| EPS: | $0.12 | $0.02 | $0.04 | Equity: | $0.21 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is an advanced materials and technology company which develops and commercializes products based on enriched stable isotopes and high purity materials. Stable isotopes can be thought of as ultra-ultra pure materials. The high degree of purification accomplished on the sub-atomic level provides enhanced performance properties compared to normal purity materials. The company's principal product to date is isotopically depleted zinc (DZ). DZ, in different chemical forms, is used to prevent corrosion in nuclear power plants. Corrosion is a cause of high radiation fields in such plants which can result in radiation exposure to workers. DZ also reduces environmental cracking in certain kinds of nuclear reactors which, if not controlled, can require extremely costly repairs or can result in premature shutdown and decommissioning of the facility. The company believes that it provides substantially all of the DZ used in nuclear power plants worldwide. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of debt, research and development, capital expenditures and other general corporate purposes. |
©1996 IPO Data Systems, Inc. - All rights reserved.