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Base Ten announces plans for public offering.


TRENTON Trenton, town, Canada
Trenton, town (1991 pop. 16,908), SE Ont., Canada, on the Bay of Quinte at the mouth of the Trent River and at the south end of the Trent Canal. Its manufactures include textiles, electronic components, and paper and steel products.
, N.J.--(BUSINESS WIRE)--June 17, 1996--Mike Kranzler, chairman and 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.  of Base Ten Systems Inc. (NASDAQ-NMS:BASEA BASEA Boston Area Solar Energy Association ) announced today that it plans to make a public offering of up to 2,000,000 shares of its Class A Common Stock to be registered under the Securities Act of 1933 in a firm underwritten offering Underwritten offering

A purchase and sale.
.

The purpose of the offering will be to raise capital for product development, expansion of marketing efforts, working capital and other general corporate purposes. The company anticipates filing a Registration Statement with the Securities and Exchange Commission in June. This information release is not an offering of any security; the offering announced today will be made only by means of a prospectus.

CONTACT: Base Ten Systems Inc.

Edward J. Klinsport, 609/586-7010

or

Strategic Growth International Inc.

Richard E. Cooper, 516/829-7111
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 17, 1996
Words:138
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