| Ticker: QCO | 154 Middlesex Turnpike | |
| Exchange: American Stock Exchange | Burlington, Massachusetts 01803 | |
| Industry: Manufacturing | (617) 272-4949 |
| Type of Shares: | Common Shares | Filing Date: | 7/5/96 | |
| U.S. Shares: | 950,000 | Offer Date: | 10/24/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $6.00 | |
| Primary Shares: | 950,000 | Offer Price: | $6.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.60 | |
| Offering Amount: | $5,700,000 | Selling: | $0.30 | |
| Expenses: | $860,000 | Reallowance: | $0.15 | |
| Shares Out After: | 3,100,000 |
| Manager | Tier | Phone |
| Schneider Securities, Inc. | Lead Manager | (303) 694-0111 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $10.37 | $4.93 | $6.78 | Assets: | $5.87 |
| Net Income: | $0.91 | $0.02 | -$1.01 | Liabilities: | $3.73 |
| EPS: | $0.42 | $0.01 | -$0.46 | Equity: | $2.15 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| QC Optics, Inc. is a rapidly growing company which designs, manufactures and markets laser based defect detection systems for the semiconductor, flat panel display and computer hard disk markets. QCO uses its patented and other proprietary technology in lasers and optical systems that scan a computer hard disk, photomask or flat panel display for defects or contamination. The Company's systems combine automatic handling, clean room capability and computer control with reliable laser based technology. The Company believes that these features enable it to maintain a leading market position in the United States in the semiconductor, flat panel display and computer hard disk industries where high-quality inspection capabilities are required. The Company's customers include many of the world's largest leading semiconductor and computer hard disk manufacturers. Currently, QCO has over 200 systems installed in 14 countries. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for sales and marketing, research and development, activities, repayment of debt to an affiliate and general working capital and corporate purposes. |
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