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Biotech / Medical : CYTO

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To: Jim Oravetz who wrote (7886)7/12/2000 7:55:10 AM
From: Jim Oravetz  Read Replies (2) of 8116
 
July 11, 2000--InforMax, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. Bear, Stearns & Co. Inc. is lead managing the proposed initial public offering. U.S. Bancorp Piper Jaffray and Adams, Harkness & Hill, Inc. are co-managers of the proposed initial public offering.
InforMax, Inc. is a leading global provider of bioinformatic software solutions for the analysis and interpretation of genomic, proteomic and other biomolecular data.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
When available, copies of the preliminary prospectus relating to the offering may be obtained from:
Bear, Stearns & Co. Inc., 245 Park Ave., New York, NY 10167 U.S. Bancorp Piper Jaffray Inc., 222 South Ninth Street, Minneapolis, MN 55402 Adams, Harkness & Hill, Inc., 60 State Street, 12th Floor, Boston, MA 02109

Jim
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