| Ticker: TRDT | 1114 Federal Road | |
| Exchange: NASDAQ-National Market | Brookfield, Connecticut 06804 | |
| Industry: High-Tech | (203) 740-9333 |
| Type of Shares: | Common Shares | Filing Date: | 12/19/95 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 2/26/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 1,900,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 1,100,000 | Gross Spread: | $1.12 | |
| Offering Amount: | $45,000,000 | Selling: | $0.66 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 6,951,288 |
| Manager | Tier | Phone |
| Prudential Securities Incorporated | Lead Manager | (212) 214-3000 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Robinson-Humphrey Company, Inc., The | Co-manager | (404) 266-6000 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 12/31/95 | 12/31/94 | 12/31/95 | ||
| Revenue: | $17.33 | $6.05 | $3.44 | Assets: | $24.65 |
| Net Income: | -$3.44 | -$0.41 | -$1.18 | Liabilities: | $17.57 |
| EPS: | -$2.26 | -$0.28 | -$0.77 | Equity: | $7.08 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company designs, manufactures and markets impulse inkjet subsystems, including printheads and inks and other consumables, and related components for the industrial market. The company's proprietary products are used for a variety of printing applications which require high speed, good print quality, durable equipment and the ability to change the printed text or pattern frequently. The company's Ultrajet printing subsystems are marketed worldwide, primarily through over 70 original equipment manufacturer customers which integrate them into computer controlled, application specific products that are sold to end users. The company's contracts with its OEM customers also provide for ongoing sales by the company of consumables, consisting principally of inks and printing subsystem components. The largest application for the company's products is carton coding, which involves printing directly onto shipping cartons. Carton coding systems which incorporate the company's products allow end users to print any combination of high quality text, bar codes, and graphics directly onto blank cartons as they move down an assembly or production line. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt and other general corporate purposes, including working capital, capital expenditures and possible acquisitions. |
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