| Ticker: CIMTF | Clal Computer House, 11 Gush Etzion Street | |
| Exchange: NASDAQ-National Market | Givat Shmuel, Foreign | |
| Industry: High-Tech | 7235312140 |
| Type of Shares: | Ordinary Shares | Filing Date: | 2/20/96 | |
| U.S. Shares: | 1,700,000 | Offer Date: | 3/20/96 | |
| Non-U.S. Shares: | 150,000 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 1,850,000 | Offer Price: | $7.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.52 | |
| Offering Amount: | $16,650,000 | Selling: | $0.25 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Shares Out After: | 7,850,000 | |||
| Spin out parent firm: | Clah Computers and Technology Ltd. | |||
| Manager | Tier | Phone |
| Oppenheimer & Company, Inc. | Lead Manager | (212) 667-7402 |
| Needham & Company | Co-manager | (212) 371-8300 |
| Auditor: Fahn, Kanne & Co. | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $13.61 | Assets: | $10.00 | ||
| Net Income: | $2.42 | Liabilities: | $5.10 | ||
| EPS: | $0.40 | Equity: | $4.90 | ||
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, manufactures, markets and supports a family of modular, high-performance, fully integrated computer-aided design/computer-aided manufacturing software products. The company's family of CAD/CAM products offers high-end functionality and ease of use at an attractive price/performance ration. The company's core product, Cimatron IT, provides an integrated design-through-manufacturing solution for small-to-medium sized companies and interfaces easily with other CAD/CAM systems, providing an effective solution for suppliers to and divisions of large organizations. These users have a unique set of needs which generally have no been met by traditional high-end or low-end CAD/CAM vendors. The company's products have been sold to end-users in numerous industries, including automotive, aviation and aerospace, household goods, mold and die making, machinery and tools, and telecommunications. To date, the company has over 7,000 end-users, which utilize its products at more than 2,500 sites worldwide. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for enhancement of current products, development and marketing of new products, working capital, for general corporate purposes and potential acquisitions. |
©1996 IPO Data Systems, Inc. - All rights reserved.