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STARLIMS
Announces Public Offering in
the United States
HOLLYWOOD, Fla., May 23 -- 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.
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Itschak Friedman, CEO of STARLIMS, rings the
bell to open trading on Friday May 25, 2007.
© Copyright 2007, The Nasdaq Stock Market, Inc.
Reprinted with permission. |
STARLIMS is a leading provider of laboratory
information management systems (LIMS), with over 20 years of LIMS
experience. The company's flagship product, STARLIMS®, 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 software is used for quality assurance and
control, testing and monitoring, and research and development in
government, manufacturing and life sciences organizations. With
operations in the United States, Israel, 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. |
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