Mindready Solutions Inc. Files Preliminary Prospectus
MONTREAL, QUEBEC-- NOVEMBER 8, 2000 - 11:26 EST
Mindready files preliminary prospectus in connection with initial public offering
Mindready Solutions Inc., a subsidiary of NURUN Inc. (TSE: IFN), filed a preliminary prospectus with the securities commissions in each Canadian province in connection with its initial public offering of subordinate voting shares.
The offering is being underwritten by a syndicate led by RBC Dominion Securities Inc., and includes CIBC World Markets Inc., Yorkton Securities Inc. and Desjardins Securities Inc. The net proceeds of the offering will principally be used to support Mindready's acquisition plan.
Mindready's headquarters are based in the Montreal area, Canada. Mindready also has offices in England and in Northern Ireland, and currently employs approximately 400 people. Mindready is a leading supplier of test engineering services and real-time communications solutions for embedded systems for the telecommunications, aerospace and multimedia industries. Recognized as a leader in IEEE-1394-based products, Mindready offers complete innovative solutions based on this technology. Mindready's expertise covers design and development of real-time applications, as well as complete test engineering solutions for complex embedded systems. Mindready's clients include Nortel Networks, Hewlett-Packard, WindRiver, Boeing, Fujitsu, Maxtor, Xerox and Texas Instruments. More information about Mindready and its products and services can be found at www.mindready.com. |