The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Tuesday, November 14, 1995             TAG: 9511140167
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
TYPE: Daily Digest 
                                             LENGTH: Short :   21 lines

MICROWARE FILED FOR INITIAL PUBLIC OFFERING

Microware Systems Corporation said that it filed a registration statement with the Securities and Exchange Commission for an initial public offering of 2.5 million shares of common stock, of which 2 million shares will be offered by the company and 500,000 by certain selling shareholders. The managing underwriters are Alex. Brown & Sons Inc. and Cowen & Co. Microware, in Des Moines, Iowa, develops, markets and supports sophisticated real time operating system software for advanced consumer and industrial products. It is anticipated that, following the offering, the company's common stock will be traded on the Nasdaq National Market. (Staff) by CNB