| Ticker: PTIX | 315 Science Parkway | |
| Exchange: NASDAQ-National Market | Rochester, New York 14620 | |
| Industry: Manufacturing | (716) 256-0200 |
| Type of Shares: | Common Shares | Filing Date: | 11/22/95 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 1/24/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 1,600,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 400,000 | Gross Spread: | $0.56 | |
| Offering Amount: | $18,000,000 | Selling: | $0.34 | |
| Expenses: | $442,000 | Reallowance: | $0.10 | |
| Shares Out After: | 4,765,518 |
| Manager | Tier | Phone |
| Wheat First Butcher & Singer Capital Markets | Lead Manager | (804) 782-3278 |
| Auditor: Rotenberg & Company | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/94 | 9/30/95 | 9/30/94 | 9/30/95 | ||
| Revenue: | $12.56 | $13.07 | $9.03 | Assets: | $9.14 |
| Net Income: | $1.62 | $1.65 | $1.09 | Liabilities: | $2.48 |
| EPS: | $0.50 | $0.50 | $0.34 | Equity: | $6.66 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company designs, manufactures and markets a wide variety of fault tolerant, high performance communications, networking and data storage interface systems products. The company's products are designed to enhance the performance of customers' computer network systems and include local area network and wide area network interface adapters, communications servers, mass storage interface products and sophisticated software communications solutions. The company's products are targeted toward high performance, mission critical networking solutions for industries such as telecommunications, financial services, defense and public safety. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes incl;uding working capital. |
©1996 IPO Data Systems, Inc. - All rights reserved.