| Ticker: IGTI | 5710-B Flatiron Parkway | |
| Exchange: NASDAQ-Small Cap Market | Boulder, Colorado 80301 | |
| Industry: Manufacturing | (303) 447-0248 |
| Type of Shares: | Common Shares | Filing Date: | 7/29/96 | |
| U.S. Shares: | 1,250,000 | Offer Date: | 10/21/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $5.00 - $6.00 | |
| Primary Shares: | 1,250,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $6,875,000 | Selling: | $0.30 | |
| Expenses: | $660,000 | Reallowance: | $0.10 | |
| Shares Out After: | 2,917,741 |
| Manager | Tier | Phone |
| Hampshire Securities Corporation | Lead Manager | (212) 444-2144 |
| Auditor: Price Waterhouse | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $1.88 | $1.75 | $0.50 | Assets: | $1.46 |
| Net Income: | -$1.05 | $0.13 | -$0.73 | Liabilities: | $1.60 |
| EPS: | -$0.50 | $0.04 | Equity: | -$0.14 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Image Guided Technologies, Inc. designs, develops, manufactures and markets products for real-time, precise, free-hand, localization of points in three dimensional space. The company's localizer, typically consisting of a number of custom-manufactured light emitting diodes mounted on a device or instrument to be tracked in 3D space, a relative position dynamic reference device connected to the measured microprocessor-based control system, and proprietary software to calculate the digital coordinate location of the LEDs, have both medical and industrial applications. The company manufactures its FlashPoint localizer for medical uses and its Pixsys localizer for industrial uses. The company's business strategy is to systematically enhance the performance of its optical localizers while expanding the market for such products. With respect to enhancing its product, the company is seeking to increase the products' accuracy, enlarge the field of view, increase the sample/frame rate and improve the customer computer interface. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness, research and development, marketing and technical support, working capital and other general corporate purposes. |
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