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 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