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LOGITECH INTERNATIONAL S.A. FILES TO SELL 2,700,000 AMERICAN DEPOSITARY SHARES IN U.S. PUBLIC OFFERING Romanel-Sur-Morges, Switzerland - February 19, 1997 - Logitech International S.A. today announced that it has filed a Registration Statement on Form F-1 with the United States Securities and Exchange Commission for the sale of up to 2,700,000 American Depositary Shares representing 270,000 Registered Shares of the Company. The Company's Registered Shares are listed on the Swiss Exchange. On February 18, 1997, the last price paid for the Company's Registered Shares on the Swiss Exchange was Chf 248. The Company has applied to list the American Depositary Shares on the Nasdaq National Market under the symbol "LOGIY." A copy of the preliminary prospectus relating to this offering can be obtained from Robertson Stephens & Company LLC, 555 California Street, Suite 2600, San Francisco, California 94104, or SBC Warburg Inc., 277 Park Avenue, New York, New York 10172. Founded in 1981, Logitech designs, manufactures, and markets products that make the interface between people and computers more intuitive and natural. Retail and OEM product offerings include pointing devices, sheetfed and handheld scanners, control devices for computer games, and digital video cameras. Logitech maintains operational headquarters in Fremont, California, and regional headquarters in Romanel, Switzerland, and Hsinchu, Taiwan, R.O.C. Manufacturing sites are located in Suzhou, China, and Hsinchu, Taiwan. Distribution centers are located in Nijmegen, the Netherlands; Union City, California; and Hsinchu, Taiwan. In addition, the Company maintains offices in major cities in North America, Europe and Asia. A registration statement relating to these securities has been filed with the United States 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 communication 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. FOR FURTHER INFORMATION, PLEASE CONTACT: Marc Chatel Barry Zwarenstein Logitech SA (Switzerland) Logitech Inc. (USA) Phone: ++41 21 863 51 11 ++ 1 510 713 42 20 Fax : ++41 21 863 53 11 ++ 1 510 795 74 96 source: logitech.com | ||||||||||||||
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