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CATZ Computer Access Technology (MM)

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Share Name Share Symbol Market Type
Computer Access Technology (MM) NASDAQ:CATZ NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Computer Access Technology Corporation Announces Filing of a Registration Statement for Sale of Common Stock by Selling Stockhol

03/03/2004 11:00pm

PR Newswire (US)


Computer Access (NASDAQ:CATZ)
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Computer Access Technology Corporation Announces Filing of a Registration Statement for Sale of Common Stock by Selling Stockholders SANTA CLARA, Calif., March 3 /PRNewswire-FirstCall/ -- Computer Access Technology Corporation (CATC) , a communication protocols test and measurement product and services company, today announced that it has filed a registration statement with the Securities and Exchange Commission today to conduct a secondary offering, subject to market and other conditions, of up to 3 million shares of common stock (plus up to an additional 450,000 shares to cover over-allotments by the underwriter) owned by Dan Wilnai, Peretz Tzarnotzky and Philips Semiconductors, Inc. The Company will not sell any shares in the offering or receive any proceeds from the offering. B. Riley & Co. is acting as the underwriter in the secondary offering. The registration statement relating to these securities has been filed with the Securities and Exchange Commission 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 the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior registration or qualification under the securities laws of any such state or jurisdiction. A copy of the Prospectus relating to the offering may be obtained from the Prospectus Department of B. Riley & Co., at 4675 MacArthur Court, Suite 1500, Newport Beach, CA 92660, or by calling 949-852-9911. DATASOURCE: Computer Access Technology Corporation CONTACT: Carmine J. Napolitano, +1-408-486-7786, or , for Computer Access Technology Corporation Web site: http://www.catc.com/

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