Red Brick Systems, Inc.
(www.redbrick.com)
Ticker: REDB 485 Alberto Way
Exchange: NASDAQ-National Market Los Gatos, California 95032
Industry: High-Tech (408) 399-3200

Type of Shares:Common Shares Filing Date:9/27/95
U.S. Shares:1,800,000 Offer Date:1/22/96
Non-U.S. Shares:0 Filing Range:$8.00 - $10.00
Primary Shares:1,800,000 Offer Price:$18.00
Secondary Shares:0 Gross Spread:$1.26
Offering Amount: $16,200,000 Selling:$0.76
Expenses:$750,000 Reallowance:$0.10
Shares Out After:10,483,294

ManagerTierPhone
Morgan Stanley & Co. IncorporatedLead Manager (212) 703-4797
Hambrecht & Quist IncorporatedCo-manager (415) 576-3423

Auditor: Ernst & Young
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 9/30/95 12/31/95
Revenue:$20.61$18.07Assets:$10.98
Net Income:$0.31$0.19Liabilities:$7.26
EPS:$0.03Equity:$3.72

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company designs, develops, markets and supports Red Brick Warehouse, a high performance, client/server relational database management software for data warehouse applications. The company believes that it was the first to offer an open RDBMS product designed specifically for data warehouse applications. The company has capitalized on its more than nine years of experience in decision support systems and technologies to assist customers in designing and building data warehouse solutions. The company's software enables IT professionals and business managers to implement quickly and manage effectively data warehouse applications and provides decision makers with easy access to critical information necessary to make more informed decisions.

Use of Proceeds
The proceeds from the proposed offering will be used for working capital and other general corporate purposes, including the possible acquisition of businesses, products and technologies.

Last updated: 10/28/96

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