Wismer Martin announces filing of registration statement with SEC; $2.5 million stock offering moves ahead with SEC filing

Business Wire, June 13, 1995

SPOKANE, Wash.--(BUSINESS WIRE)--June 13, 1995--Wismer Martin (NASDAQ Electronic Bulletin Board:WSMM) announced that on Monday, June 12, 1995, it filed a registration statement with the Securities and Exchange Commission for the public offering of 2 million shares of its common stock.

Wismer Martin develops, markets, installs and supports information systems which automate physician practices, hospitals and managed care organizations. One million shares will be offered by the company to the public at an estimated per-share price of $1.25. One million shares will also be offered by the company to the holders of its convertible subordinated debentures at a conversion price of $1.25. The offering will commence promptly following the effective date for the registration statement, anticipated to be within the next 45 days. The company has not engaged the services of an underwriter. A copy of the preliminary prospectus may be obtained from Douglas A. Willford, CFO, at Wismer Martin's headquarters, located at N. 122828 Newport Highway, Mead, Wash. 99021. -0-

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 notice shall not constitute an offer to sell or the 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.

CONTACT: Wismer Martin, Spokane, Wash.

Doug Willford, 509/468-7360