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Cymer announces intention to make offering of common stock.

SAN DIEGO--(BUSINESS WIRE)--Nov. 25, 1996--Cymer Inc. (NASDAQ:CYMI) Monday announced that it intends to file a registration statement with the Securities and Exchange Commission in early December for a public offering of up to 1.5 million shares of its common stock, of which 1 million shares will be issued and sold by Cymer, and up to 500,000 shares will be sold by certain shareholders.

Cymer intends to use the net proceeds from its portion of the offering to expand its manufacturing capacity, and for working capital. The offering will be made only by means of a prospectus.

CONTACT: Cymer Inc., San Diego

Bill Angus, 619/487-2442
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Publication:Business Wire
Date:Nov 25, 1996
Words:110
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