| Ticker: WIZTF | 39 Hagalim Street | |
| Exchange: NASDAQ-Small Cap Market | Herzlia, Foreign 46725 | |
| Industry: High-Tech | 9729598740 |
| Type of Shares: | Ordinary Shares | Filing Date: | 3/15/96 | |
| U.S. Shares: | 1,300,000 | Offer Date: | 4/17/96 | |
| Non-U.S. Shares: | 100,000 | Filing Price: | $5.50 | |
| Primary Shares: | 1,400,000 | Offer Price: | $6.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.51 | |
| Offering Amount: | $7,700,000 | Selling: | $0.30 | |
| Expenses: | $1,076,000 | Reallowance: | $0.10 | |
| Shares Out After: | 5,800,000 |
| Manager | Tier | Phone |
| Hampshire Securities Corporation | Lead Manager | (212) 444-2144 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $5.70 | Assets: | $3.45 | ||
| Net Income: | $2.01 | Liabilities: | $1.13 | ||
| EPS: | $0.46 | Equity: | $2.32 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops, markets and supports computer software which provides multi-channel subscription television system operators with one of the most comprehensive and advanced subscriber management systems available. The company's software is marketed under the WIZARD tradename and incorporates subscriber management functions, such as billing, collection, customer service, work order processing, equipment inventory control and customer analysis for target marketing. WIZARD builds and maintains an integrated database for each system operator using information gained from daily operations. WIZARD also provides a variety of advanced features to facilitate the offering of "tiered" services, including premium channels, pay-per-view events and near video-on-demand. These features support marketing and sales activities, scheduling and ordering of pay-per-view events and the operation of automated customer service call centers. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for additional research and product development and for the expansion of its marketing and sales activities. The remaining net proceeds will be used for working capital and general corporate purposes, as well as for the possible acquisition of businesses and technologies or the establishment of joint ventures that are complementary to the current or future business of the company. |
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