-----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, T+/7+QY5Kjx87eB0n8+gI9b6c5ws0WkHbA2QoqRCzovu9yUSzAAPQiHHh2t/VPI9 jjIhoomgr9VbY1WbibDBiw== 0000950123-97-001000.txt : 19970221 0000950123-97-001000.hdr.sgml : 19970221 ACCESSION NUMBER: 0000950123-97-001000 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970211 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORLAND MEDICAL SYSTEMS INC CENTRAL INDEX KEY: 0000946428 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 061387931 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45017 FILM NUMBER: 97524248 BUSINESS ADDRESS: STREET 1: 106 CORPORATE PARK DRIVE STREET 2: SUITE 106 CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 914-694-2285 MAIL ADDRESS: STREET 1: 106 CORPORATE PARK DRIVE STREET 2: SUITE 106 CITY: WHITE PLAINS STATE: NY ZIP: 10604 FORMER COMPANY: FORMER CONFORMED NAME: OSTECH INC DATE OF NAME CHANGE: 19950608 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NORLAND PARTNERS L P CENTRAL INDEX KEY: 0001007453 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PREMIUM POINT STREET 2: C/O REYNALD G BONMATI CITY: NEW ROCHELLE STATE: NY ZIP: 10801 BUSINESS PHONE: 9145766032 MAIL ADDRESS: STREET 1: C/O REYNALD G BONMATI STREET 2: PREMIUM POINT CITY: NEW ROCHELLE STATE: NY ZIP: 10801 SC 13G/A 1 SCHEDULE 13G/A 1 Page 1 of 6 Pages UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* NORLAND MEDICAL SYSTEMS, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 656031 10 1 (CUSIP Number) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 Page 2 of 6 Pages SCHEDULE 13G CUSIP NO. 656031 10 1 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NORLAND PARTNERS, L.P., A DELAWARE LIMITED PARTNERSHIP (IRS IDENTIFICATION NO. 06-1387931), THE SOLE GENERAL PARTNER OF WHICH IS NOVATECH MANAGEMENT CORPORATION, A DELAWARE CORPORATION. THE STOCKHOLDERS OF NOVATECH MANAGEMENT CORPORATION ARE REYNALD G. BONMATI AND ALBERT S. WAXMAN. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION A DELAWARE LIMITED PARTNERSHIP. NOVATECH MANAGEMENT CORPORATION IS A DELAWARE CORPORATION. MESSRS. BONMATI AND WAXMAN ARE UNITED STATES CITIZENS. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 786,000 SHARES OF COMMON STOCK SHARES -------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 SHARES OF COMMON STOCK EACH -------------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 786,000 SHARES OF COMMON STOCK WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 SHARES OF COMMON STOCK - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 786,000 SHARES OF COMMON STOCK - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 Page 3 of 6 Pages Item 1(a). Name of Issuer: Norland Medical Systems, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 106 Corporate Park Drive Suite 106 White Plains, New York 10604 Item 2(a). Name of Person Filing: Norland Partners, L.P., a Delaware limited partnership. The sole general partner of Norland Partners, L.P. is Novatech Management Corporation, the business address of which is Premium Point, New Rochelle, New York, 10801. The stockholders of Novatech Management Corporation are Reynald G. Bonmati, whose business address is Premium Point, New Rochelle, New York 10801, and Albert S. Waxman, whose business address is 1 Maynard Drive, Park Ridge, New Jersey 07656. Item 2(b). Address of Principal Business Office or, if none, Residence: Norland Partners, L.P. Premium Point New Rochelle, NY 10801 Item 2(c). Citizenship: Norland Partners, L.P. is a Delaware limited partnership. Novatech Management Corporation, the sole general partner of Norland Partners, L.P., is a Delaware corporation. Messrs. Bonmati and Waxman are United States citizens. Item 2(d). Title of Class of Securities: Common Stock. Item 2(e). CUSIP Number: 656031 10 1 4 Page 4 of 6 Pages Item 3. Inapplicable. Item 4. Ownership: The following information is provided as of December 31, 1996: (a) Amount Beneficially Owned: Norland Partners, L.P. is the beneficial owner of 786,000 shares.(1) (b) Percent of Class: 11.4%. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 786,000 shares. (ii) shared power to vote or to direct the vote: 0 shares. (iii) sole power to dispose or to direct the disposition of: 786,000 shares. (iv) shared power to dispose or to direct the disposition of: - -------- (1) The figure for the amount beneficially owned by Norland Partners, L.P. does not include the following shares of Common Stock, with respect to all of which Norland Partners, L.P. disclaims beneficial ownership: (a) 944,500 shares owned by Reynold G. Bonmati; (b) 217,500 shares issuable upon the exercise of options granted to Mr. Bonmati (Mr. Bonmati exercised such options with respect to 187,500 shares on January 1, 1997); (c) 30,000 shares issuable upon the exercise of options granted to Albert S. Waxman; and (d) 264,000 shares owned by Novatech Ventures, L.P. (Mr. Bonmati is President and principal stockholder of Novatech Resource Corporation, the sole general partner of Novatech Ventures, L.P.; he is also a limited partner of Novatech Ventures, L.P.). 5 Page 5 of 6 Pages 0 shares. Item 5. Ownership of Five Percent or Less of a Class: Inapplicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: No other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities owned by Norland Partners, L.P. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Inapplicable. Item 8. Identification and Classification of Members of the Group: Inapplicable. Item 9. Notice of Dissolution of Group: Inapplicable. Item l0. Certification: Inapplicable. 6 Page 6 of 6 Pages Signature: After reasonable inquiry and to the best of its knowledge and belief, Norland Partners, L.P. certifies that the information set forth in this statement is true, complete and correct. Dated: February 10, 1997 NORLAND PARTNERS, L.P. By: Novatech Management Corporation, its General Partner By: /s/ Reynald G. Bonmati __________________________ Name: Reynald G. Bonmati Title: President -----END PRIVACY-ENHANCED MESSAGE-----