| Ticker: BVSN | 333 Distel Circle | |
| Exchange: NASDAQ-National Market | Los Altos, California 94022 | |
| Industry: High-Tech | (415) 943-3600 |
| Type of Shares: | Common Shares | Filing Date: | 4/22/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 6/21/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $7.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.49 | |
| Offering Amount: | $27,000,000 | Selling: | $0.28 | |
| Expenses: | $950,000 | Reallowance: | $0.10 | |
| Shares Out After: | 19,619,104 |
| Manager | Tier | Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 576-3423 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: KPMG Peat Marwick | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $0.54 | $1.40 | $0.00 | Assets: | $6.11 |
| Net Income: | -$4.32 | -$1.70 | -$0.85 | Liabilities: | $3.27 |
| EPS: | -$0.23 | -$0.09 | -$0.04 | Equity: | $2.83 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides and integrated software application system, BroadVision One-To-One, that enables businesses to create applications for interactive marketing and selling services on the World Wide Web. These applications are designed to allow non-technical business managers to tailor Web site content to the needs and interests of individual Web site visitors, personalizing each visit on a real-time basis. The BroadVision One-To-One application system and related vertical application solutions and services are targeted at businesses developing Web sites for marketing and selling to consumers and business customers, and as internal resources for employees. The company's customers use BroadVision One-To-One to develop Web sites that engage visitors and encourage return visits through personalized interactions, capture marketing information from volunteered data and observed behavior, and generate revenues from electronic commerce activities and point-cast advertising. BroadVision One-To-One provides these software capabilities in an architecture that supports the full one-to-one marketing and selling life cycle. The company believes that capabilities are needed by business managers and Web site application developers to take full advantage of the potential of the Internet as a marketplace for conducting electronic commerce and for building long-term relationships with customers. |
| Use of Proceeds |
| The proceeds from the offering will be used for working capital and other general corporate purposes. |
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