Printer Friendly

SATELLITE TECHNOLOGY MANAGEMENT INC. FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING OF COMMON STOCK

 SATELLITE TECHNOLOGY MANAGEMENT INC. FILES REGISTRATION
 STATEMENT FOR INITIAL PUBLIC OFFERING OF COMMON STOCK
 COSTA MESA, Calif., Feb. 18 /PRNewswire/ -- Satellite Technology Management Inc. ("STM") announced that it has filed a registration statement with the Securities and Exchange Commission covering a proposed initial public offering of 1,625,000 shares of common stock. The issue is expected to be priced between $8 and $10.
 The proposed offering is expected to become effective in late March 1992. H.J. Meyers & Co. Inc. will be the managing underwriter of the offering.
 Satellite Technology Management Inc., founded in 1982, designs, manufactures and markets satellite communications networks composed of earth stations referred to as "VSATs", hub equipment and related software. The company's VSAT networks are sold to international and domestic customers and government agencies to provide satellite-based data and voice communications among central computer facilities or telephone switching centers and geographically dispersed locations. STM has distinguished itself by focusing on the international marketplace by emphasizing product features and functions which are important to international customers that lack the communication capabilities available in the United States.
 A registration statement relating to these securities has been filed with the SEC 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 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. The offer is made only by prospectus, a copy of which may be obtained from H.J. Meyers & Co. Inc., 356 North Camden Dr., Beverly Hills, CA, 90210.
 -0- 2/18/92
 /CONTACT: Richard A. Rappaport of H.J. Meyers & Co. Inc., 310-278-7880, for Satellite Technology Management/ CO: Satellite Technology Management ST: California IN: CPR TLS SU:


AL -- LA008 -- 9886 02/18/92 11:26 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 18, 1992
Words:340
Previous Article:TOP SOURCE NEW ENGINE DIAGNOSTIC SERVICE 'THE ENGINE BLOOD TEST' EYED BY DETROIT AND JAPANESE AUTO MAKER
Next Article:MOUNTAIN DEW/DIET DEW DEBUT ON GRAMMYS; MOUNTAIN DEW ASSERTS BIG BRAND STATUS; 6TH LARGEST BRAND DOUBLES '92 AD SPENDING
Topics:


Related Articles
COLTEC INDUSTRIES FILES INITIAL PUBLIC OFFERING
UCC INVESTORS ANNOUNCES IT INTENDS TO FILE NEXT WEEK AN INITIAL PUBLIC OFFERING OF STOCK AND DEBT OF $700 MILLION
ALPHA-BETA TECHNOLOGY FILES REGISTRATION STATEMENT WITH SEC FOR INITIAL PUBLIC OFFERING OF TWO MILLION SHARES OF COMMON STOCK
UNITED VIDEO SATELLITE GROUP ANNOUNCES PROPOSED INITIAL PUBLIC OFFERING
UNITED STATES SATELLITE BROADCASTING MAKES ANNOUNCEMENT
KVH INDUSTRIES, INC. COMMENCES INITIAL PUBLIC OFFERING OF COMMON STOCK
ORBIT/FR, Inc. Files Registration Statement for Initial Public Offering Of 2,000,000 Shares of Common Stock
The Titan Corporation Announces Filing of Registration Statement by Linkabit Wireless, Inc. for Initial Public Offering of Common Stock
/FROM PR NEWSWIRE MINNEAPOLIS 612-331-7800/ TO BUSINESS, TECHNOLOGY AND MEDICAL EDITORS:.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters