---------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------
|F O R M 3| Washington, D.C. 20549 | OMB APPROVAL |
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES |OMB Number 3235-0104|
|Expires: October 31, 2001|
|Estimated average burden |
|hours per response.....0.5|
Filed pursuant to Section 16(a) of the Securities Exchanged Act of 1934, ----------------------------
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act 1940
(Print or Type Responses)
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|1.Name and Address of | 2. Date of Event | 4. Issuer Name and Tickler or Trading Symbol |
| Reporting Person* | Requiring Statement | |
| | (Month/Day/Year) | |
| | | |
| | | |
| | | |
| Brady Bernard J. | June 6, 2001 | Computerized Thermal Imaging, Inc. "CIO" |
|------------------------------| | |
| (Last) (First) (MI) | | |
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| | | |
| | | |
| | | |
| Two Centerpointe Dr., #450 | | |
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| (Street) | 3.IRS Identification Number | 5. Relationship of Reporting Person(s) to | 6. If Amendment, Date of|
| | of Reporting Person, if an| Issuer | Original |
| | entity (voluntary) | (Check all applicable) | (Month/Day/Year) |
| | | | |
| | Not Applicable | Director 10% Owner | Not Applicable |
| | | --- --- | |
| Lake Oswego OR 97035 | | | |
|------------------------------| | X Officer (give title Other |-------------------------|
| (City) (State) (Zip) | | --- below) --- (specify | 7. Individual or Joint/ |
| | | below) | Group Filing (Check |
| | | | Applicable Line) |
| | |------------------------------------ | |
| | | Chief Financial Officer, Secretary & | X Form filed by One |
| | | Treasurer | --- Reporting Person |
| | | | |
| | | | Form filed by More |
| | | | --- than One Person |
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| TABLE I - Non-Derivative Securities Beneficially Owned |
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| 1.Title of Security | 2. Amount of Securities Beneficially | 3. Ownership Form: Direct (D) |4. Nature of Indirect |
| (Instr. 4) | Owned | or Indirect (I) | Beneficial Ownership |
| | (Instr. 4) | (Instr. 5) | (Instr. 5) |
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PAGE: 1 OF 2
FORM 3 (continued)
TABLE II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible security)
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|1.Title of|2. Date Exer- |3. Title and Amount of Securities |4. Conversion |5. Ownership Form |6. Nature of Indirect |
|Derivative| cisable and | Underlying Derivative | or Exercise | of Derivative | Beneficial Ownership |
|Security | Expiration | Security (Instr. 4) | Price of | Securities: | (Instr. 5) |
|(Instr. 4)| Date | | Derivative | Direct (D) or | |
| | (Month/Day/Year) | | Security | Indirect (I) | |
| |--------------------------------------------------------| | (Instr. 5) | |
| | | | Title | Amount or | | | |
| | Date | Expira- | | Number of | | | |
| | Exer- | tion | | Shares | | | |
| | cisable | Date | | | | | |
| | | | | | | | |
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|Common | | | | | | | |
| Stock | | | | | | | |
| Options | Various | 06/06/11| Common Stock | 16,667 | $3.00 | D | |
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|Common | | | | | | | |
| Stock | | | | | | | |
| Options | Various | 06/06/11| Common Stock | 16,667 | $4.00 | D | |
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|Common | | | | | | | |
| Stock | | | | | | | |
| Options | Various | 06/06/11| Common Stock | 16,666 | $5.00 | D | |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Explanation of Responses:
/s/Bernard J. Brady 07/10/01
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**Signature of Reporting Person Date
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
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. If space is insufficient,
See Instruction 6 for procedure.
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