Woburn, Mass. - Monotype Imaging, a provider of text imaging products for consumer electronics devices, has priced its initial public offering of 11 million shares of common stock at $12 per share to raise a total of $132 million.

Of the shares being sold in the offering, 6.5 million are being sold by Monotype Imaging and 4.4 million shares are being sold by certain existing stockholders of the company.

Woburn, Mass.-based Montotype's technologies and fonts are used in the display and printing of digital text on laser printers, digital copiers, mobile phones, digital televisions, set-top boxes and digital cameras, as well as in various software applications and operating systems.

The company's customers include Nokia, Motorola and Hewlett-Packard.

Related Links:
http://www.monotypeimaging.com/aboutus/pr_display.aspx?year=2007&pr=320