Business Services Industry
Colorsmart Offering Now On the Internet
Business Wire, March 10, 1998
NASHVILLE, Tenn.--(BUSINESS WIRE)--March 10, 1998--Colorsmart, Inc. (www.colorsmart.com), a graphics design house and large format digital print provider, announced today that information regarding the company's offering of common stock is now available on the Internet.
Qualified investors may view and download company information from the web site http://www.ipo.com.
Related Results
As one of the most highly visible financing web sites, http://www.ipo.com offers investors the ability to view and download prospectuses of companies raising capital through an initial public offering (IPO), private placement or direct public offering (DPO). Colorsmart hopes that the Internet, and the anticipated 1 million annual visitors to the IPO.COM web site will help the company reach its financing needs.
Colorsmart is offering to sell 775,000 shares of common stock under Regulation D, Rule 504 to qualified investors. The company hopes to raise capital through this offering to expand operations in order to meet the ever growing demand for large format, full color graphics and printed materials in the exploding digital, print-on-demand industry. According to industry experts, the annual output for large format printing will exceed $20 billion by the year 2000, from its current $7 billion level.
Roger Finchum, president, believes the completion of the offering will serve as a springboard for the company to become a major playel graphics and printed products for use in evertus of being a Hewlett Packard certified print center and will soon become a 3M certified Scotchprint fabricator.
To learn more about the Colorsmart stock offering, persons may visit the web site, http://www.ipo.com.
This communication 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
CONTACT: Colorsmart Inc., Nashville
Roger Finchum, 888/396-0396
or
IPO.COM
Brad Sinrod, 800/634-0905
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