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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a)
of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Gretag Imaging Group, Inc. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Raster Graphics, Inc. (RGFX) (Month/Day/Year)
(Last) (First) (Middle) 10/06/1998 ------------------------------ N/A/
2070 Westover Road ---------------------------- 5. Relationship of Reporting --------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Person (Voluntary) ___ Director _X_ 10% Owner Applicable Line)
Chicopee, MA 01022 ___ Officer ___ Other _X_ Form filed by One
- -------------------------------------- ---------------------------- (give title below) (specify below) Reporting Person
(City) (State) (Zip) ___ Form filed by More
--------------------------- than One Reporting
Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (Bulletin No. 177, 10-15-97)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Stock Option (1) Immed. N/A Common Stock 3,840,526 $1.30(1) D
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Explanation of Responses:
(1) Pursuant to a Loan and Pledge Agreement signed on October 6, 1998 between the reporting person and the issuer, the reporting
person has the right at any time to purchase newly issued Common Stock of the issuer at a price of approximately $1.30 per share,
not to exceed an aggregate amount equal to the greater of (i) $5,000,000 and (ii) the Outstanding Note Obligations, as defined in
the Loan and Pledge Agreement. Through the last draw down rate (February 28, 1998), the issuer is not permitted to draw down any
amounts that would cause the Outstanding Note Obligations to exceed $5,000,000. It is likkely that the reporting person will
exercise its option before the last draw down date, and it is unlikely therefore that the amount of Outstanding Note Obligations
would ever exceed $5,000,000. It is therefore assumed that the maximum dollar amount of the option is $5,000,000 which would permit
the reporting person to purchase 3,840,526 shares of Common Stock.
/s/ Dr. Eduard Brunner 10/16/98
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------------ ----------
Violations. **Signature of Reporting Person Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (Bulletin No. 177, 10-15-97)
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