| Ticker: NICEY | Atidim Industrial Park, Neve Sharett | |
| Exchange: NASDAQ-National Market | Tel Aviv, Foreign 61580 | |
| Industry: High-Tech | 7236453700 |
| Type of Shares: | American Depositary Receipts | Filing Date: | 11/21/95 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 1/24/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.81 | |
| Primary Shares: | 2,000,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.65 | |
| Offering Amount: | $21,620,001 | Selling: | $0.35 | |
| Expenses: | $1,350,000 | Reallowance: | $0.10 | |
| Shares Out After: | 7,227,275 |
| Manager | Tier | Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 640-6129 |
| Oppenheimer & Company, Inc. | Co-manager | (212) 667-7402 |
| Auditor: Kost, Levary & Forer | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/94 | 9/30/95 | 9/30/94 | 9/30/95 | ||
| Revenue: | $9.00 | $14.83 | $6.34 | Assets: | $22.02 |
| Net Income: | -$2.75 | -$0.16 | -$1.62 | Liabilities: | $5.16 |
| EPS: | -$0.53 | -$0.03 | -$0.31 | Equity: | $16.86 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops, designs,manufactures, markets and services digital recording and retrieval systems that simultaneously record and monitor communications from multiple channels and provide data archiving and retrieval features. The company's products are based on an open architecture and incorporate enhanced digital networking and voice processing technologies in the areas of computer telephony integration, digital signal processing, mass storage and database management. The CTI market has experienced rapid growth in recent years as a result of the increase in the use of telephones for business purposes. The Company also develops, designs, manufactures and markets communication intelligence systems that are used primarily by government agencies to detect, identify, locate, monitor and record transmissions from a variety of sources. The company's principal product, NiceLog, is a technologically leading CTI digital voice recording and retrieval system that performs continuous, reliable recordings of up to thousands of channels. |
| Use of Proceeds |
| The proceeds from the offering will be used for working capital and other general corporate purposes, including expansion of sales, marketing and customer service and product development activities. In addition, the company may use a portion of the net proceeds for possible acquisition of complementary businesses or products or technologies. |
©1996 IPO Data Systems, Inc. - All rights reserved.