-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Am5GIHIA6KhAt2okXVp2RhggSDFYwzkJBrkOtgth8FxUDwciRHo9PyAbsKmEEg+z e8+chgzQiDaG0eUfsA8+lg== 0000950146-96-001278.txt : 19960807 0000950146-96-001278.hdr.sgml : 19960807 ACCESSION NUMBER: 0000950146-96-001278 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960731 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960806 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: KURZWEIL APPLIED INTELLIGENCE INC /DE/ CENTRAL INDEX KEY: 0000769191 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 042815079 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20256 FILM NUMBER: 96604136 BUSINESS ADDRESS: STREET 1: 411 WAVERLEY OAKS ROAD CITY: WALTHAM STATE: MA ZIP: 02154 BUSINESS PHONE: 6178935151 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) July 31, 1996 KURZWEIL APPLIED INTELLIGENCE, INC. (Exact name of registrant as specified in its charter) Delaware 0-20256 04-2815079 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 411 Waverley Oaks Road Waltham, Massachusetts 02154 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (617) 893-5151 Exhibit Index at Page 3 Page 1 of 4 Item 5. Other Events On July 31, 1996 the Company closed the sale of 927,500 shares of its common stock in a private placement at a sale price of $2.00 per share as described in the press release attached hereto as Exhibit 99. Item 7. Financial Statements and Exhibits (c) Exhibits. Press Release Dated August 1, 1996 ---------------------------------------- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Kurzweil Applied Intelligence, Inc. Date: August 1, 1996 By: /s/ Thomas E. Brew, Jr. ---------------------------- Thomas E. Brew, Jr. President & Chief Executive Officer - 2 - EXHIBIT INDEX Exhibit No. Description At Page 99 Press Release Dated August 1, 1996 4 ------- - 3 - EX-99 2 PRESS RELEASE EXHIBIT 99 FOR IMMEDIATE RELEASE - --------------------- Contact: Thomas B. Doherty Kurzweil Applied Intelligence, Inc. 617-893-5151 KURZWEIL APPLIED INTELLIGENCE, INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT WALTHAM, Mass, August 1, 1996 -- Kurzweil Applied Intelligence, Inc. (NASDAQ: KURZ) today announced the closing of the sale of 927,500 million shares of its common stock in a private placement at a sale price of $2.00 per share to individual and institutional investors. Net proceeds to the Company are approximately $1.67 million and will be used for working capital and general corporate purposes. In May 1996, the Company raised approximately $2.37 million, also through a private placement. Kurzweil Applied Intelligence, Inc., headquartered in Waltham, Mass., was founded in 1982. The Company develops, markets, and supports automated speech recognition systems used to create documents and interact with computers by voice. The Company's medical reporting systems, VoiceMED and Kurzweil Clinical Reporter, are used in over 500 healthcare institutions nationwide; and, Kurzweil VOICE is an easy-to-use voice recognition system for Windows-based PCs. ### This release and other information related to Kurzweil Applied Intelligence, Inc. can be referenced on the Company's home page on the World Wide Webb at http://www.kurz-ai.com, or by calling 1-800-380-1234. - 4 - -----END PRIVACY-ENHANCED MESSAGE-----