ADFlex Announces Filing of Registration Statement for Proposed Public Offering.CHANDLER, Ariz.--(BUSINESS WIRE)--Oct. 21, 1997--ADFlex Solutions Inc. (Nasdaq NM:AFLX) Tuesday announced that it has filed a registration statement with the Securities and Exchange Commission for the proposed public offering of 2,700,000 shares of Common Stock, of which 1,307,653 shares will be sold by the company and 1,392,347 shares will be sold by a selling stockholder. An additional 405,000 shares will be sold by the company and other selling stockholders if the underwriters' over-allotment option is exercised in full. The proposed public offering will be managed by BancAmerica Robertson Stephens, Hambrecht & Quist, and PaineWebber Inc. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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 communication shall not constitute an offer to sell, nor 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 such State. ADFlex Solutions is a leading worldwide provider of flexible circuit interconnect solutions to original equipment manufacturers (OEMs) in the electronics industry. The company offers a full range of customized flexible circuit applications and services from initial design, development and prototype to fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , assembly and test on a global basis. The company targets high-volume markets where miniaturization min·i·a·tur·ize tr.v. min·i·a·tur·ized, min·i·a·tur·iz·ing, min·i·a·tur·iz·es To plan or make on a greatly reduced scale. min , form and weight are driving factors and flexible circuits are an enabling technology. Applications for flexible circuits currently addressed by the company include notebook computers A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. , portable communications devices Portable communications devices refer to hand-held or wearable devices. For example, the Walkie Talkie is a device that is hand-held when in use, and wearable when not in use. Portable telephones (cellular telephones) are also carried, or worn, on a belt, or in a pocket. such as cellular telephones and pagers, data storage devices such as hard disk drives, tape drives and arrays, and high-end consumer products such as compact disk players com´pact disk` play´er n. 1. an electronic device containing a laser, used to read or play back the data on a compact disk. The term is usually used for the type of device used to play music recordings. . A copy of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to this offering may be obtained, when available, from BancAmerica Robertson Stephens, 555 California St., San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif. 94104: Hambrecht & Quist, One Bush St., San Francisco, Calif. 94101;, or PaineWebber Inc., 555 California St., 32nd Floor, San Francisco, Calif. 94101. CONTACT: ADFlex Solutions Inc., Chandler Donald E. Frederick or Rolando C. Esteverena, 602/963-4584 |
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