Cemax-Icon, Inc.
Proposed Ticker: CMAX 47281 Mission Falls Court
Exchange: NASDAQ-National Market Fremont, California 94539
Industry: Manufacturing (510) 770-8612

All share information is proposed
Type of Shares:Common Shares Filing Date:6/20/96
U.S. Shares Filed:2,800,000 Filing Range:$8.00 - $10.00
Non-U.S. Shares Filed:0 Offering Amount: $25,200,000
Primary Shares:2,800,000 Expenses:$800,000
Secondary Shares:0 Shs Out After:8,560,713

ManagerTierPhone
Volpe, Welty & CompanyLead Manager (415) 956-8120
Furman Selz IncorporatedCo-manager (212) 309-8200
Punk, Ziegel & KnoellCo-manager (212) 308-9494

Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 3/31/96 3/31/95 3/31/96
Revenue:$17.03$5.12$4.64Assets:$9.16
Net Income:-$6.82-$0.52-$0.76Liabilities:$9.31
EPS:-$1.22-$0.09-$0.15Equity:-$0.15

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company manufactures diagnostic image management systems. CEMAX-ICON designs, manufactures and markets medical image information systems which electronically acquire, archive, distribute and display medical images throughout hospitals, outpatient facilities and integrated delivery networks. The Company's systems interface with virtually all commercially available imaging modalities, including x-rays, computed tomography, magnetic resonance imaging, computed radiography, ultrasound and nuclear medicine. By automating and increasing the availability of medical images within a healthcare facility or throughout an IDN, the Company's systems reduce the cost and improve the management of medical care. CEMAX-ICON's systems and modules are based on an open architecture and utilize standard hardware and standard network protocols in order to facilitate integration with existing image acquisition complete turn-key systems as well as scalable software modules that integrate with commercially available third party hardware.

Use of Proceeds
The proceeds from the proposed offering will be used for working capital and for general corporate purposes.

Last updated: 11/3/96

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