| Ticker: PLSS | 1212 East Arapaho Road | |
| Exchange: NASDAQ-National Market | Richardson, Texas 75081 | |
| Industry: High-Tech | (214) 497-5500 |
| Type of Shares: | Common Shares | Filing Date: | 6/18/96 | |
| U.S. Shares: | 2,440,000 | Offer Date: | 10/2/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 1,440,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 1,000,000 | Gross Spread: | $0.56 | |
| Offering Amount: | $21,960,000 | Selling: | $0.31 | |
| Expenses: | $417,500 | Reallowance: | $0.10 | |
| Shares Out After: | 4,566,302 |
| Manager | Tier | Phone |
| Dain Bosworth Incorporated | Lead Manager | (612) 371-2711 |
| George K. Baum & Company | Co-manager | (816) 283-5332 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $7.18 | $4.64 | $4.05 | Assets: | $5.61 |
| Net Income: | $1.83 | $0.80 | $1.11 | Liabilities: | $11.24 |
| EPS: | $0.49 | $0.21 | $0.29 | Equity: | -$5.63 |
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 leading provider of software-based embedded imaging systems to original equipment manufacturers of digital document products. Digital document products include printers, copiers, fax machines, scanners and emerging color products, as well as multifunction products that perform a combination of these imaging functions. In order to process digital text and graphics, digital document products rely on a core set of imaging system. The company family of products and engineering services provides advanced embedded imaging technologies that enable the company's OEM customers to develop digital printers, copiers and MFPs quickly and cost effectively. The company markets its solutions directly to customers such as Adobe, Canon, Digital Equipment Corporation, IBM and Xerox. The company's embedded imaging system solution is based on its proprietary object-based image processing technology that enables its OEMs to increase print quality and speed while reducing cost. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |
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