1 As filed with the Securities and Exchange Commission on February 11, 2000. ________________________________________________________________________________ ________________________________________________________________________________ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________ SCHEDULE TO (Rule 14D-100) Tender Offer Statement Under Section 14(d)(1) of the Securities Exchange Act of 1934 _________________ IMTEC INC. (Name of Subject Company) _________________ BRADY CORPORATION IMTC ACQUISITION CORP. (Names of Filing Persons -Bidders) _________________ Common Stock, par value $.01 per share (Title of Class of Securities) 452909-10-4 (CUSIP Number of Class of Securities) _________________ Thomas E. Scherer Brady Corporation 6555 West Good Hope Road Milwaukee, WI 53223 (414) 358-6600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons) _________________ Copy to: Conrad G. Goodkind, Esq. QUARLES & BRADY LLP 411 East Wisconsin Avenue Milwaukee, Wisconsin 53202 (414) 277-5000 ________________________________________________________________________________ [x] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. 2 On December 9, 1999, Brady Corporation, a Wisconsin corporation ("Brady"), entered into a Shareholder Option Agreement ("Shareholder Option Agreement #1") with certain shareholders of Imtec Inc., a Delaware corporation ("Imtec"), including all of the directors of Imtec and all but one holder of greater than five percent (5%) of Imtec's common stock (the "Group Shareholders"), who, in the aggregate, own 875,326 shares of Imtec common stock, including certain options to purchase shares of Imtec common stock (the "Group Shares"). In addition, on December 9, 1999, Brady entered into a second Shareholder Option Agreement ("Shareholder Option Agreement #2" and together with Shareholder Option Agreement #1, the "Shareholder Option Agreements"), with the remaining holder of greater than 5% of Imtec common stock (the "Individual Shareholder" and together with the Group Shareholders, the "Shareholders") with respect to 109,377 shares of Imtec common stock (the "Individual Shares" and together with the Group Shares, the "Shares"), which constitute a portion of the shares of Imtec common stock owned by such holder. Pursuant to the Shareholder Option Agreements, the Shareholders have (i) granted Brady an option to purchase their Shares at an exercise price of $12.00 per Share (subject to adjustment in certain circumstances) exercisable upon the occurrence of certain events specified in the Shareholder Option Agreements, (ii) agreed to tender, in accordance with the terms of the Offer, all of the Option Shares (including any subsequently acquired Shares with respect to the Group Shareholders) and (iii) irrevocably granted to, and appointed Brady proxy and attorney-in-fact to vote the Shares with respect to certain matters. These Shareholder Option Agreements were filed as exhibits 1 and 2 to Brady's Schedule 13D-1 filed with the Commission on December 20, 1999. The joint press release of Brady and Imtec announcing the execution of the Shareholder Option Agreements and the companies' intention to negotiate a transaction for the acquisition of Imtec by Brady is filed herewith as Exhibit (a)(2). 3 3 Item 11. Material to be Filed as Exhibits. (a)(1) - Press Release of Brady, dated February 11, 2000. (a)(2) - Joint Press Release of Brady and Imtec, dated December 9, 1999.