Mitek Systems Inc (MITK) | Stock Discussion Forums

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Microcap & Penny Stocks
Mitek Systems Inc (MITK)

An SI Board Since November 1996

Posts	SubjectMarks	Bans
8	0	0

Emcee: gary theriault	Type: Unmoderated

Introduction Compact

Mitek Systems Inc. effective registration statement for public offering of
common stock

SAN DIEGO--(BUSINESS WIRE)--Nov. 22, 1996-- Mitek Systems Inc Friday announced the effectiveness of its
registration statement for public offering of 3,550,000 shares of its common stock at $2.25 per share.

Of this amount, 2,250,000 shares are being sold by the company and the remaining 1,300,000 are being sold by certain
selling stockholders. In addition, a selling stockholder has granted the underwriters an option to purchase up to an additional
532,500 shares to cover over-allotments, if any.

Mitek Systems develops and markets automatic data recognition products which enable the automation of costly,
labor-intensive business functions such as check and remittance processing, forms processing and order entry. The company's
products incorporate proprietary neural network software technology for the recognition and conversion of hand-printed or
machine-generated characters into digital data.

Copies of the final prospectus relating to this offering may be obtained from Unterberg Harris: 10 East 50th St., 22nd Floor,
New York, N.Y. 10022, telephone 212/572-8000; 275 Battery St., 29th Floor, San Francisco, Calif., telephone
415/399-1500; Cruttenden Roth Inc., 600 California St., 14th Floor, San Francisco, Calif. 94104, telephone 415/782-5000;
Van Karman, Suite 100, Irvine, Calif. 92715, telephone 800/678-9147.

CONTACT: Mitek Systems Inc., San Diego
John Kessler, 619/635-5900
619/635-5908 (fax)

Anyone have any info or know about this issue....Great niche market...
What kind of competion is there in this field????

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
8	Dave M, You may have wanted Peter R Smith to get that message and not me. Whate	Sidney Reilly	-	10/29/1998
7	Hey Bill from Web Lake! Have you been following the events on this stock. Jus	Dave M	-	10/28/1998
6	This is a dead thread! Anyone in this ghost town know why MITK is up 1/4 on goo	Sidney Reilly	-	10/24/1997
5	Mitek Systems Inc. Ships New Intranet/Internet Fax Solution; INTRAfax V1.0 Use	Peter R Smith	-	9/8/1997
4	TO ALL. I thought this thread needed some updating. Can anyone shed some light	monu	-	6/5/1997
3	The company is a solid company but it could perform better. So it could be a ta	Ashkan Imanzahrai	-	1/25/1997
2	I just started following this one, but my broker mentioned that there are rumor	joseph cheng	-	1/23/1997
1	Does anyone know why the decline from ~6 to 2.5? Ashkan	Ashkan Imanzahrai	-	11/30/1996

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