Prospectus Summary
The following summary is qualified in its entirety by, and should be read in conjunction with, the more detailed information and financial statements, including the notes thereto, appearing elsewhere in this Prospectus. Investors should carefully consider the information set forth under the heading "Risk Factors." Except as otherwise indicated, all information in this Prospectus (i) assumes that the Over-Allotment Option will not be exercised; (ii) assumes no exercise of the warrants to be issued by the Company to the Representatives to purchase up to shares of Common Stock (the "Advisors' Warrants"); (iii) has been adjusted to give effect to the two-for-one stock split in July 1997 and the -for-one reverse stock split in 1997 (the "Stock Splits"); and (iv) reflects the automatic conversion of all outstanding shares of the Company's Preferred Stock into Common Stock upon the closing of the Offering.