To: Thean who wrote (168 ) 2/24/2000 4:36:00 PM From: J_W Read Replies (1) | Respond to of 325
Optimal Robotics Corp. Files Registration Statement with Securities and Exchange Commission MONTREAL--(BUSINESS WIRE)--Feb. 24, 2000--Optimal Robotics Corp. (NASDAQ:OPMR - news) today announced that it has filed a registration statement on Form F-3 with the Securities and Exchange Commission under which the Company will offer and sell 1,325,000 common shares and certain shareholders of the Company will offer and sell an aggregate of 675,000 common shares through Gerard Klauer Mattison & Co., Inc., The Robinson-Humphrey Company, LLC and Raymond James & Associates, Inc. Optimal Robotics Corp. is the leading provider of self-checkout systems in supermarkets and supercenters throughout North America. The company's principal product is the U-Scan© Express, an automated self-checkout system which enables shoppers to scan, bag and pay for their purchases with limited or no assistance from store personnel. The U-Scan© Express is designed to reduce the cost of checkout transactions to retailers and increase shoppers' convenience. 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. A written prospectus may be obtained from: Gerard Klauer Mattison & Co., Inc. 529 Fifth Avenue New York, New York 10017 The Robinson-Humphrey Company, LLC 3333 Peachtree Road, NE Atlanta, Georgia 30326 Raymond James & Associates, Inc. 880 Carillon Parkway St. Petersburg, Florida 33716