| Ticker: VCOM | 15222 Del Amo Avenue | |
| Exchange: NASDAQ-National Market | Tustin, California 92680 | |
| Industry: Manufacturing | (714) 546-0147 |
| Type of Shares: | Common Shares | Filing Date: | 1/15/96 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 2/14/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.50 - $11.50 | |
| Primary Shares: | 2,000,000 | Offer Price: | $12.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.88 | |
| Offering Amount: | $21,000,000 | Selling: | $0.53 | |
| Expenses: | $825,000 | Reallowance: | $0.10 | |
| Shares Out After: | 7,575,623 |
| Manager | Tier | Phone |
| Wessels, Arnold & Henderson | Lead Manager | (612) 373-6121 |
| Volpe, Welty & Company | Co-manager | (415) 956-8120 |
| Auditor: Deloitte & Touche | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $23.96 | Assets: | $13.35 | ||
| Net Income: | $1.58 | Liabilities: | $5.98 | ||
| EPS: | $0.28 | Equity: | $7.38 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides communication networks that acquire, interpret and distribute real-time physiologic data generated by point of care patient monitors located throughout a healthcare facility. The company's products are sold directly to acute care hospitals and integrated healthcare delivery networks and on an OEM basis to patient monitoring equipment manufacturers. The company's facility wide networks utilize proprietary wireless technology and display and networking software to provide networked personal computer based central station surveillance of physiologic data from patients located throughout a healthcare facility. Technicians at the central surveillance station evaluate information acquired from ambulatory and point of care monitors and, in the case of a patient emergency or other significant event, respond by initiating immediate contact with the appropriate care giver through standard pager technology. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for repayment of long term debt, working capital and for general corporate purposes, including the expansion of its direct sales force and increased investments in research and development. |
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