STARLIMS Technologies Ltd. Announces Public Offering of Its Ordinary Shares in the United States at a Price Per Share of $13.50
24 Maggio 2007 - 3:34AM
PR Newswire (US)
HOLLYWOOD, Fla., May 23 /PRNewswire-FirstCall/ -- STARLIMS
Technologies Ltd. (NASDAQ:LIMS) today announced the pricing of a
public offering of 2,100,000 of its ordinary shares at a price to
the public of $13.50 per share. All of such ordinary shares are
being sold by STARLIMS. The underwriters have been granted an
option for a period of 30 days to purchase up to an additional
315,000 ordinary shares from STARLIMS to cover over-allotments, if
any. Net proceeds to STARLIMS from the offering are expected to be
approximately $25.5 million. Oppenheimer & Co. is acting as
Sole Bookrunning Manager of the offering and JMP Securities LLC is
acting as co-lead manager of the offering. This offering of
ordinary shares is being made only by means of a prospectus. Copies
of the final prospectus may be obtained from Oppenheimer & Co.
Inc. at 125 Broad Street, 16th Floor, New York, New York 10004 and
JMP Securities LLC at 600 Montgomery Street, Suite 1100, San
Francisco, California 94111. These securities are being issued
pursuant to a registration statement on Form F-1 promulgated under
the Securities Act of 1933, as amended, which was filed with and
declared effective by the Securities and Exchange Commission. This
press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor will there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. STARLIMS Technologies Ltd. is a leading provider of
laboratory information management systems (LIMS), with over 20
years of LIMS experience. The company's flagship product,
STARLIMS(R), improves the reliability of laboratory sampling
processes, supports compliance with domestic and international
regulations and industry standards, and provides comprehensive
reporting, monitoring and analysis capabilities. STARLIMS(R)
software is used for quality assurance and control, testing and
monitoring, and research and development in government,
manufacturing and life sciences organizations. Incorporated in
Israel, with operations in Israel, Florida, Canada, the United
Kingdom and Hong Kong, the company serves over 500 customers in 40
countries. The Company's ordinary shares are also traded on the Tel
Aviv Stock Exchange. For further information, please contact:
STARLIMS Technologies Ltd. Chaim Friedman Chief Financial Officer
954-964-8663 DATASOURCE: STARLIMS Technologies Ltd. CONTACT: Chaim
Friedman, Chief Financial Officer, STARLIMS Technologies Ltd.,
+1-954-964-8663
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