Autonomous Technologies Files Form S-3.ORLANDO, Fla.--(BW HealthWire)--January 8, 1997--AUTONOMOUS TECHNOLOGIES CORPORATION (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM: ATCI ATCI Albany Transcomm International ) filed a resale registration statement on Form S-3 with the Securities & Exchange Commission today. The resale registration statement relates to a total of 3,835,075 shares of the Company's common stock that are issuable upon exercise of certain outstanding warrants or that are held by certain shareholders who acquired such shares prior to the Company's initial public offering in May, 1996. Upon the effectiveness of this resale registration statement, certain of the selling shareholders will be able to sell their shares without the restrictions imposed under Rule 144. None of the selling shareholders have indicated that they intend to sell shares in the near future; however, any of them could elect to sell shares at any time. The Company will not receive any proceeds from the sale of these shares. The 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 press release 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. Autonomous Technologies is engaged in the design and development of next-generation excimer laser A gas laser in which a very short electrical pulse excites a mixture containing a halogen such as fluorine and a rare gas such as argon or krypton. It produces a brief, intense pulse of ultraviolet light. instruments for laser refractive surgery Refractive surgery A surgical procedure that corrects visual defects. Mentioned in: Photorefractive Keratectomy and Laser-Assisted In-Situ Keratomileusis refractive surgery . The company's LADARVision System combines high speed, laser radar eye tracking with precisely controlled narrow beam shaping technology. -0- The statements in this press release which express belief, anticipation, or expectations, as well as other statements which are not historical fact, are forward looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and involve risks and uncertainties that could cause actual results or performance of the Company to differ materially from the results or performance described herein. Please see the Company's filings with the Securities & Exchange Commission for a statement of certain risks and uncertainties. CONTACT: COMPANY CONTACT: Randy Frey CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Autonomous Technologies (407) 384-1600 randyfrey@autonomous.com or INVESTOR RELATIONS Investor relations The process by which the corporation communicates with its investors. CONTACTS: Bruce Voss/bruce@lhai.com (310) 575-4848 Olga Fleming/olga@lhai.com (212) 838-3777 Lippert/Heilshorn & Associates, Inc. |
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