Progressive Angioplasty Systems, Inc.
Proposed Ticker: PASS
Exchange: NASDAQ-National Market Menlo Park, California
Industry: Manufacturing

All share information is proposed
Type of Shares:Common Shares Filing Date:6/20/96
U.S. Shares Filed:5,000,000 Filing Range:$12.00 - $14.00
Non-U.S. Shares Filed:0 Offering Amount: $65,000,000
Primary Shares:5,000,000 Expenses: -
Secondary Shares:0 Shs Out After:

ManagerTierPhone
UBS Securities Inc.Lead Manager (212) 230-4000
Dillon, Read & Co. Inc.Co-manager (212) 906-7000
Montgomery SecuritiesCo-manager 4156272220

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

Business Description
The company designs, develops, manufactures and markets proprietary ballon expandable martensitic nitinol stents and low cost, multi-purpose, over-the-wire and rapid exchange ballon angioplasty catheters for use in the treatment of coronary artery disease

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

Last updated: 10/28/96

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