| Ticker: LANV | 10671 Techwoods Circle | |
| Exchange: NASDAQ-National Market | Cincinnati, Ohio 45242 | |
| Industry: High-Tech | (513) 554-6900 |
| Type of Shares: | Common Shares | Filing Date: | 2/20/96 | |
| U.S. Shares: | 3,250,000 | Offer Date: | 4/18/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 2,600,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 650,000 | Gross Spread: | $0.91 | |
| Offering Amount: | $39,000,000 | Selling: | $0.55 | |
| Expenses: | $700,000 | Reallowance: | $0.10 | |
| Shares Out After: | 8,584,000 |
| Manager | Tier | Phone |
| Jefferies & Company Incorporated | Lead Manager | (800) 933-6656 |
| McDonald & Company Securities, Inc. | Co-manager | (216) 443-2300 |
| Unterberg Harris | Co-manager | (212) 888-5609 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $5.02 | Assets: | $3.05 | ||
| Net Income: | -$0.33 | Liabilities: | $2.84 | ||
| EPS: | -$0.05 | Equity: | $0.20 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a provider of healthcare information access systems that enable hospitals and integrated healthcare networks to capture, manage, retrieve, process and store clinical and financial information. The Company's systems deliver on-line enterprise -wide access to fully -updated patient information which historically was maintained on a variety of media, including paper, magnetic disk, optical disk, x-ray film, video, audio and microfilm. LanVision systems, which incorporate data management, document imaging and workflow technologies, consolidate patient information into a single repository and provide fast and efficient access to patient information from universal workstations located throughout the enterprise, including the point of patient care. The systems are specifically designed to meet the needs of physicians and other medical and administrative personnel and can accommodate multiple users requiring simultaneous access to patient information, thereby eliminating file contention. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to expand sales, marketing and distribution channels, develop new systems, enhance existing systems, repay debt and for other general corporate purposes including working capital. |
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