| Ticker: KATC | Twenty-One Penn Plaza | |
| Exchange: NASDAQ-National Market | New York, New York 10001 | |
| Industry: Manufacturing | (212) 594-4800 |
| Type of Shares: | Common Shares | Filing Date: | 2/9/96 | |
| U.S. Shares: | 1,600,000 | Offer Date: | 3/25/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $5.00 | |
| Primary Shares: | 1,600,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $8,000,000 | Selling: | $0.20 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 4,425,000 |
| Manager | Tier | Phone |
| Whale Securities Company | Lead Manager | (212) 484-2057 |
| Auditor: Grant Thornton | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $10.64 | Assets: | $4.41 | ||
| Net Income: | $1.71 | Liabilities: | $1.91 | ||
| EPS: | $0.33 | Equity: | $2.50 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides digital prepress and digital short-run printing services to produce full color and black and white printed materials. The company's prepress services involve the creation of a digital image, either by downloading a file from a computer disk provided by the customer onto the company's computer network or by scanning printer material provided by the customer directly onto such network, and the reproduction of the digital image by any of several printing processes. The company's prepress services afford the customers the ability to modify and enhance an image throughout the design approval process, with shorter turnaround times and at lower costs than traditional (non-digital) prepress processes. Once the design is approved by the customer, the company can reproduce the image in various formats. The company also offers "on demand," digital short-run printing services utilizing state-of-the-art equipment enabling the company to print materials without the need to produce the film required to create printing plates used in traditional printer processes. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the potential acquisition of other businesses, to lease and purchase equipment, expand its on-line services, for sales and marketing, to establish a digital photography studio and for repay debt. |
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