| Ticker: | ACLR | 800 Connecticut Boulevard | |
| Exchange: | NASDAQ-National Market | East Hartford, Connecticut 06108 | |
| Industry: | Manufacturing | (860) 610-4000 |
| Type of Shares: | Common Shares | Filing Date: | 10/11/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 12/18/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | - | |
| Primary Shares: | 3,000,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.56 | |
| Offering Amount: | $37,950,000 | Selling: | $0.31 | |
| Expenses: | $800,000 | Reallowance: | $0.10 | |
| Shares Out After: | 9,686,898 |
| Manager | Tier | Phone |
| Cowen & Company | Lead Manager | (212) 495-6000 |
| Janney Montgomery Scott | Co-manager | (215) 665-6520 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $0.00 | $0.00 | $0.00 | Assets: | $8.96 |
| Net Income: | -$4.22 | -$5.14 | -$1.55 | Liabilities: | $7.54 |
| EPS: | -$0.62 | -$0.71 | Equity: | $1.42 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Accent Color designs, manufactures and sells innovative, spot color printing systems for integration with digital, high speed, black-on-white printers and sells related consumables. Spot color printing involves the use of color to enhance traditional black-on-white documents by accenting critical information, such as a balance due on a billing statement, or by printing graphics, such as a company logo. The company believes its Truecolor Systems are the first, and only, printers capable of cost-effectively printing or highlighting variable data in multiple standard and custom colors with the speed and functionality of existing high-speed, black-on-white printers. Truecolor Systems are designed to address what the company believes is a substantial, unfulfilled demand for spot color printing in the production printing and production publishing segments of the digital printing market. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of the Interim Notes and working capital and other general corporate purposes including the expansion of the company's manufacturing, development, engineering and customer support capabilities, the commercial production of additional Truecolor Systems, the further enhancement of the company's products and possible further debt.. |
©1996 IPO Data Systems, Inc. - All rights reserved.