PORTLAND, OR, January 12 -- ThrustMaster, Inc. announced today that it has filed a registration statement under the Securities Act of 1933 with the Securities and Exchange Commission to sell 1,200,000 shares of its common stock, without par value. ThrustMaster, Inc. designs, develops, manufactures and markets control devices for use with interactive entertainment software for personal computers. It currently is estimated that the initial public offering price will be between $7.50 and $8.00 per share. The managing underwriters for this offering are Cruttenden & Company, Irvine, California, and Black & Company, Inc., Portland, Oregon.
A registration statement relating to the 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 be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or solicitation of an offer to buy nor shall there be any sale of the 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. A written prospectus with respect to the offering may be obtained from: Cruttenden & Company, 18301 Von Karman, Suite 100, Irvine, California 92714; or Black & company, Inc., One SW Columbia, Suite 1200, Portland, Oregon 97258.