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Technology Stocks : AFCO: Applied Film, Undiscovered Gem?
AFCO 8.6500.0%Jul 10 5:00 PM EST

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To: SemiBull who wrote (229)10/2/2003 7:53:54 PM
From: SemiBull  Read Replies (1) of 238
 
Applied Films Corporation Announces Pricing of Follow-On Public Offering of Common Stock

Thursday October 2, 9:00 am ET

LONGMONT, Colo., Oct. 2 /PRNewswire-FirstCall/ -- Applied Films Corporation (Nasdaq: AFCO - News) announced today that its follow-on public offering of 3,000,000 shares of its common stock has been priced at $28.75 per share. All of the shares are being offered by Applied Films.

The offering was made through an underwriting syndicate led by Citigroup Global Markets Inc., as the sole bookrunning lead manager. CIBC World Markets Corp., Needham & Company, Inc. and Adams, Harkness & Hill, Inc. acted as co- managers. Applied Films has granted the underwriters an option to purchase up to 450,000 additional shares to cover over-allotments.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of these securities is made only by means of a prospectus, copies of which may be obtained by contacting Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, Telephone: (718) 765-6732.

For more information, please visit Applied Films' web site at www.appliedfilms.com.

About Applied Films Corporation

Applied Films Corporation is a leading provider of thin film deposition equipment to diverse markets such as the flat panel display, the architectural, automotive and solar glass, and the consumer products packaging and electronics industries.

Source: Applied Films Corporation
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