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Technology Stocks : AFCO: Applied Film, Undiscovered Gem? -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (230)	10/14/2003 8:49:30 PM
From: SemiBull	Read Replies (1) \| Respond to of 238

Applied Films Corporation Announces Underwriters' Exercise of Over-Allotment Option Tuesday October 14, 11:05 am ET LONGMONT, Colo., Oct. 14 /PRNewswire-FirstCall/ -- Applied Films Corporation (Nasdaq: AFCO - News) announced today that the underwriters of its recent public offering of 3,000,000 shares of its common stock, which closed on October 7, 2003, have exercised their over-allotment option to acquire an additional 450,000 shares. The sale and purchase of these additional shares closed today and raised an additional $12,264,750 for Applied Films Corporation, bringing the total shares of its common stock sold to the public in the offering to 3,450,000 shares and the total net proceeds received to $94,029,750. 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. 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