| Ticker: CYMI | 16725 Technology Drive | |
| Exchange: NASDAQ-National Market | San Diego, California 92127 | |
| Industry: Manufacturing | (619) 487-2442 |
| Type of Shares: | Common Shares | Filing Date: | 7/19/96 | |
| U.S. Shares: | 3,340,000 | Offer Date: | 9/18/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $7.50 - $9.50 | |
| Primary Shares: | 3,002,032 | Offer Price: | $9.50 | |
| Secondary Shares: | 337,968 | Gross Spread: | $0.67 | |
| Offering Amount: | $28,390,000 | Selling: | $0.40 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Morgan Stanley & Co. Incorporated | Lead Manager | (212) 703-4797 |
| Montgomery Securities | Co-manager | 4156272220 |
| Needham & Company | Co-manager | (212) 371-8300 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $18.82 | $19.18 | $7.28 | Assets: | $31.38 |
| Net Income: | $0.07 | $0.96 | -$0.38 | Liabilities: | $18.13 |
| EPS: | $0.01 | $0.10 | -$0.06 | Equity: | $13.24 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company manufactures excimer lasers for use in the manufacture of semiconductors. The company's laser's are incorporated into step-and-repeat and step-and-scan photolithography systems for use in the manufacture of semiconductors with critical feature sizes below .35 microns. The company believes that its excimer lasers comprise a substantial majority of all lasers incorporated in the DUV photolithography tools. The company's customers include all five manufacturers of DUV photolithography systems: ASM Lithography, Canon, Integrated Solutions, Nikon and SVG Lithography. Photolithography equipment incorporating the company's excimer laser has been purchased by each of the world's 10 semiconductor manufacturers: Intel, NEC, Toshiba, Hitachi, Motorola, Samsung, Texas Instruments, Fujitsu and Philips. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt and for general corporate purposes, including working capital. |
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