Open Market, Inc.
Ticker: OMKT 245 First Street
Exchange: NASDAQ-National Market Cambridge, Massachusetts 02142
Industry: High-Tech (617) 621-9500

Type of Shares:Common Shares Filing Date:4/10/96
U.S. Shares:3,200,000 Offer Date:5/22/96
Non-U.S. Shares:800,000 Filing Range:$13.00 - $15.00
Primary Shares:4,000,000 Offer Price:$18.00
Secondary Shares:0 Gross Spread:$1.26
Offering Amount: $56,000,000 Selling:$0.70
Expenses:$800,000 Reallowance:$0.10
Shares Out After:26,939,910

ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-1172
Cowen & CompanyCo-manager (212) 495-6000
Montgomery SecuritiesCo-manager 4156272220

Auditor: Arthur Andersen
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 3/31/96 3/31/95 3/31/96
Revenue:$1.81$2.68$0.09Assets:$27.60
Net Income:-$13.87-$6.87-$1.01Liabilities:$12.38
EPS:-$0.53-$0.26Equity:$15.22

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, licenses and supports high performance software products that allow its customers to engage in business-to-consumer and business-to-business electronic commerce on the Internet. Also to deploy Internet-based business applications within an enterprise commerce on the Internet and to deploy Internet-based business applications within an enterprise. The company's innovative technology enables the separation of the management of business transactions from the management of content, thereby allowing companies to securely and centrally manage business transactions using content located on multiple distributed Web savers. The company's products permit functions such as order taking authorization, payment processing, security and customer service to be performed centrally by a "back office" transaction management system, allowing merchants and other content providers to focus on management of the "front office" content at their distributed Web sites.

Use of Proceeds
The proceeds from the offering will be used for general corporate purposes, including the funding of working capital and growth.

Last updated: 10/28/96

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