Wednesday, November 30, 2005

Visicu Files for IPO of Up to $65 Million
Nov 30 12:54 PM US/Eastern
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WASHINGTON


Visicu Inc., a Baltimore-based company that makes computer systems for hospital intensive-care units, registered Tuesday for an initial public offering of up to $65 million in common stock.

The company said it has applied to list its stock on the Nasdaq National Market under the symbol "EICU."

Details about the number of shares to be offered or an estimated price range for the IPO weren't disclosed in the filing with the Securities and Exchange Commission.

Morgan Stanley & Co., Wachovia Capital Markets LLC, Thomas Weisel Partners LLC and William Blair & Co. LLC were listed as the underwriters for the offering.

For the nine months ended Sept. 30, Visicu posted net income of $10.4 million. It lost $4.29 million in the same period in 2004.


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