| Ticker: SAWS | 1818 South Highway 441 | |
| Exchange: NASDAQ-National Market | Apopka, Florida 32703 | |
| Industry: Manufacturing | (407) 886-8860 |
| Type of Shares: | Common Shares | Filing Date: | 3/4/96 | |
| U.S. Shares: | 4,500,000 | Offer Date: | 5/1/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 1,500,000 | Gross Spread: | $0.91 | |
| Offering Amount: | $49,500,000 | Selling: | $0.52 | |
| Expenses: | $970,000 | Reallowance: | $0.10 | |
| Shares Out After: | 19,469,160 |
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 576-3423 |
| Oppenheimer & Company, Inc. | Co-manager | (212) 667-7402 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $31.32 | $24.74 | $12.07 | Assets: | $34.53 |
| Net Income: | $4.12 | $4.67 | $1.96 | Liabilities: | $17.40 |
| EPS: | $0.25 | $0.26 | $0.12 | Equity: | $17.13 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Sawtek Inc. designs, develops, manufactures and markets a broad range of electronic signal processing components based on surface acoustic wave technology. The Company's primary product focus is custom designed, high performance bandpass filters, resonators, delay lines, oscillators and SAW-based subsystems. These products are used in an array of microwave and radio frequency systems, such as Global System for Mobile communications and Code Division Multiple Access based digital telephone systems, digital microwave radios, wireless local area networks, cable television equipment and a variety of defense and satellite systems. Sawtek's products offer key advantages over products based on alternative technologies and address rapidly growing needs in telecommunications, data communications, video transmission, military and space systems and other markets. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt, for capital expenditures and for general corporate purposes including working capital needs, and may be used for acquisitions. |
©1996 IPO Data Systems, Inc. - All rights reserved.