| Ticker: ODIS | 25 Mall Road | |
| Exchange: NASDAQ-National Market | Burlington, Massachusetts 01803 | |
| Industry: High-Tech | (617) 674-5000 |
| Type of Shares: | Common Shares | Filing Date: | 6/5/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 7/23/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $7.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.49 | |
| Offering Amount: | $30,000,000 | Selling: | $0.26 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Shares Out After: | 26,280,201 |
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 576-3423 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $18.70 | $5.61 | $4.97 | Assets: | $21.81 |
| Net Income: | -$10.28 | $0.15 | -$2.00 | Liabilities: | $13.41 |
| EPS: | -$0.40 | $0.01 | Equity: | $8.40 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company manufactures and distributes object databases for the Internet, Intranet and other applications. The Company's database products are designed to handle the data types and data relationships found on the rapidly expanding World Wide Web. ObjectStore provides support for extended data types such as image, free text, video, audio, HTML, and Java software objects, as well as for the extended relationships among data exemplified by the non-tabular unstructured data found on the Internet. Over time, new types of database management systems have been adopted as new computing platforms have emerged. The Company believes that the computer industry is presently undergoing such a fundamental platform shift with the rapid adoption of the Internet and the World Wide Web. This latest platform shift is creating a new set of requirements for database management systems. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes, including repayment of debt. |
©1996 IPO Data Systems, Inc. - All rights reserved.