AlphaNet Solutions, Inc.
Ticker: ALPH 7 Ridgedale Avenue
Exchange: NASDAQ-National Market Cedar Knolls, New Jersey 07927
Industry: High-Tech (201) 267-0088

Type of Shares:Common Shares Filing Date:10/11/95
U.S. Shares:2,100,000 Offer Date:3/20/96
Non-U.S. Shares:0 Filing Range:$10.00 - $12.00
Primary Shares:1,600,000 Offer Price:$10.50
Secondary Shares:500,000 Gross Spread:$0.74
Offering Amount: $23,100,000 Selling:$0.43
Expenses:$760,000 Reallowance:$0.10
Shares Out After:5,000,000

ManagerTierPhone
Cruttenden Roth IncorporatedLead Manager (800) 678-9147
Parker/Hunter IncorporatedCo-manager (412) 562-7892

Auditor: Price Waterhouse
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 12/31/95
Revenue:$74.02Assets:$18.77
Net Income:$3.97Liabilities:$5.81
EPS:$0.61Equity:$12.96

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 single-source provider of information technology products and services and support. The Company markets computer hardware and software products and related services, including product configuration, testing and installation, and provides a broad range of systems integration services for open systems-based computer networks consisting primarily of microcomputers and client servers. The Company also provides systems consulting, design, installation, integration, training, maintenance, network monitoring and management services, as well as data cabling telecommunications services, through its services and support organization. The Company has been an authorized reseller of microcomputer products since 1984, and to date most of its revenues have been derived from product sales.

Use of Proceeds
Proceeds from the proposed offering will be used for expansion of services component of the company's business; including continued development of the company's technical support center; payment of S Corporation distribution to current shareholders; repayment of certain existing indebtedness; and other corporate purposes, including working capital and possible acquisitions.

Last updated: 10/28/96

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