Aavid Thermal Technologies, Inc.

Aavid Thermal Technologies, Inc.
(www.aavid.com)

Ticker: AATT		One Kool Path
Exchange: NASDAQ-National Market		Laconia, New Hampshire 03247
Industry: Manufacturing		(603) 528-3400

Type of Shares:	Common Shares	Filing Date:	11/13/95
U.S. Shares:	2,300,000	Offer Date:	1/29/96
Non-U.S. Shares:	0	Filing Range:	$9.50 - $11.00
Primary Shares:	2,300,000	Offer Price:	$9.50
Secondary Shares:	0	Gross Spread:	$0.67
Offering Amount:	$23,575,000	Selling:	$0.38
Expenses:	$800,000	Reallowance:	$0.10
Shares Out After:	6,095,206

Manager	Tier	Phone
Montgomery Securities	Lead Manager	4156272220
Robertson, Stephens & Company	Co-manager	(415) 989-8500

Auditor: Coopers & Lybrand
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/94	9/30/95	10/1/94		9/30/95
Revenue:	$61.62	$65.18	$44.25	Assets:	$53.89
Net Income:	$2.84	-$2.08	$1.97	Liabilities:	$48.72
EPS:	$0.49	-$0.56	$0.39	Equity:	$5.16
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company is a leading provider of thermal management products that dissipate unwanted heat in the electronic and electrical components and systems. The company's thermal management products, which include aluminum and copper heat sinks, heat sink/fan combinations, heat pipes, liquid cooled plates, attachment accessories, compliant interface materials and conductive adhesives, operate by conducting, convecting and radiating away unwanted heat. Substantial engineering is involved in designing the product to maximize heat dissipation and minimize customers' assembly costs.

Use of Proceeds

The proceeds from the proposed offering will be used to repayment of indebtedness, buyout of compensation arrangements and other general corporate purposes, including working capital.

Last updated: 10/28/96