APPS DENTAL FILES OFFERING OF 2.9 MILLION SHARES OF COMMON STOCK; NAME CHANGED TO COMPDENT CORPORATION, EFFECTIVE TODAY.RALEIGH, N.C.--(BUSINESS WIRE)--August 4, 1995--APPS Dental, Inc. (Nasdaq/NM:APPS), which changed its name to CompDent Corporation (Nasdaq/NM:CPDN CPDN Climate Prediction Dot Net CPDN Certified Peritoneal Dialysis Nurse ) effective today, announced that it has filed a Registration Statement with the Securities and Exchange Commission in connection with the Company's proposed public offering of 2.9 million shares of common stock. The offering will be managed by Montgomery Securities, Dean Witter Reynolds Dean Witter Reynolds was an American stock brokerage catering to the middle class. In 1997, it merged with the Morgan Stanley Group to form Morgan Stanley Dean Witter. The amalgamated firm is now known as Morgan Stanley. Inc., J.C. Bradford & Co. and The Robinson-Humphrey Company, Inc.. Copies of the prospectus relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc this offering may be obtained from Montgomery Securities, 600 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , 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 , CA 94111. 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 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. As previously announced, effective today APPS Dental, Inc. changed its name to CompDent Corporation and its stock symbol to CPDN. CompDent Corporation, headquartered in Atlanta, offers managed dental care plans as an alternative to traditional indemnity dental insurance Dental insurance is insurance designed to pay the costs associated with dental care. Dental insurance pays a portion of the bills from dentists, hospitals, and other providers of dental services. and provides dental coverage for approximately 1.4 million plan members in 16 states. The Company's managed dental care plans are sold through a network of more than 8,800 independent agents and a 39-person direct sales force. CONTACT: CompDent Corporation, Atlanta Sharon S. Graham, 404/998-8936 |
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