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Corporate Profile for Spacetec IMC, dated Aug. 9, 1996.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. .

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Published Date:   Aug. 9, 1996


Company Name:     Spacetec IMC Corp.


Address:          The Boott Mill
                  100 Foot of John St.
                  Lowell, Mass.  01852


Main Telephone
 Number:          508/970-0330


Chief Executive
 Officer:         Dennis Gain


Chief Financial
 Officer:         Linda Linsalata


Investor Relations
 Contact:         Linda Linsalata
 Business number: 508/970-0330 x150


Public Relations
 Contact:         Jane O'Toole
 Business number: 508/970-0330 x107


Trading Symbol:   SIMC


Industry:         Software/hardware/interactive/multimedia




Company description: Spacetec IMC (Internet Mail Consortium, Santa Cruz, CA, www.imc.org) An industry trade association founded in 1996 by Paul Hoffman and Dave Crocker that promotes Internet e-mail standards and features.  Corp. is the world leader in Real-Life 3D interactive motion control input hardware controllers and software systems for use with 3D graphical applications for workstations and personal computers. Unlike a 2D input controller, such as a mouse or a trackball A stationary pointing device that contains a movable ball rotated with the fingers or palm. From one to three keys are located in various positions depending on the unit. Years ago, Kensington Microware popularized the trackball with its Turbo Mouse for the Macintosh. , Spacetec IMC's products enable a user to intuitively manipulate 3D graphical images in real-time as if the user were moving actual objects or moving through actual scenes in the real world. The company's current products include the Spaceball 2003 and the Spaceball 3003 for workstation-based design and engineering applications, the Spaceball SpaceController for PC systems, 3D-I Always software for AutoCAD, SpaceWare AniMotion software for the multimedia authoring market, the SpaceOrb 360 3D PC game controller and SpaceWare advanced 3D-I interface software.

Spacetec IMC is headquartered at The Boott Mill, 100 Foot of John Street, Lowell, Mass. Revenues for FY 1996 (ending March 30, 1996) were $8,132,000. Net income for the same period was $628,000. In December 1995, Spacetec IMC Corp. issued its initial public offering of 1,725,000 shares and is traded on the Nasdaq National Market System under the symbol SIMC SIMC Semiconducting and Insulating Materials Conference
SIMC Securities Industry Middleware Council
SIMC Société Internationale de Musique Contemporaine (French: International Society for Contemporary Music) 
. Spacetec IMC's stock had a 52-week high of 20 1/4 and a 52-week low of 8 as of 8/5/96.

CONTACT: Spacetec IMC Corp.
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:Aug 9, 1996
Words:358
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