Zomax Optical Media, Inc. Files Registration Statement
MINNEAPOLIS, April 21 /PRNewswire/ -- Zomax Optical Media, Inc. (Nasdaq: ZOMX - news) announced today that it filed a registration statement with the Securities and Exchange Commission with respect to a proposed public offering of 2,000,000 shares of its Common Stock, of which 1,600,000 shares will be offered by the Company and 400,000 shares will be offered by selling shareholders. The offering will be made through an underwriting group managed by John G. Kinnard and Company, Incorporated, Cruttenden Roth, Incorporated, and Pacific Crest Securities, Inc. The Company intends to use the proceeds from the sale of its shares to fund the expansion of its San Jose, Calif. manufacturing facility, enhancements to its Minneapolis facility, working capital and other general corporate purposes.
Zomax Optical Media, Inc. is a leading outsource service provider to software publishers, computer manufacturers and other producers of multimedia products. These services include CD and DVD mastering; CD, diskette and cassette replication; graphic design; print management; CD printing; packaging; warehousing; inventory management; distribution and fulfillment; and RMA processing. The Company's Common Stock is traded on the Nasdaq National Market under the symbol ''ZOMX.''
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 sales of these securities in any State in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
A copy of the preliminary prospectus relating to this offering may be obtained from John G. Kinnard and Company, Incorporated, Kinnard Financial Center, 920 Second Avenue South, Minneapolis, Minnesota 55402. Inquiries should be addressed to the attention of Ruth Owens, Syndicate Department, 612-370-2844.
SOURCE: Zomax Optical Media, Inc. |