| Ticker: MTON | 8405 S.W. Nimbus Avenue | |
| Exchange: NASDAQ-National Market | Beaverton, Oregon 970008 | |
| Industry: Service | (503) 643-9500 |
| Type of Shares: | Common Shares | Filing Date: | 6/5/96 | |
| U.S. Shares: | 2,400,000 | Offer Date: | 8/23/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 1,675,000 | Offer Price: | $8.50 | |
| Secondary Shares: | 725,000 | Gross Spread: | $0.60 | |
| Offering Amount: | $21,600,000 | Selling: | $0.35 | |
| Expenses: | $800,000 | Reallowance: | $0.10 | |
| Shares Out After: | 9,819,250 |
| Manager | Tier | Phone |
| Black & Company, Inc. | Lead Manager | (503) 248-9600 |
| Cruttenden & Company, Inc. | Co-manager | (714) 757-5700 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $13.07 | $4.23 | $2.64 | Assets: | $9.78 |
| Net Income: | -$1.72 | $0.29 | -$0.91 | Liabilities: | $4.24 |
| EPS: | -$0.31 | $0.03 | -$0.17 | Equity: | $5.54 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is an independent developer and provider of enhanced directory assistance for the wireless telecommunications industry. The Company contracts with wireless communications carriers to provide EDA to a carrier's subscribers. the Company established its first EDA call center in 1989 in Portland, Oregon and presently operates call centers that serve that serve the Baltimore, Chicago, Denver, Detroit, Miami, Minneapolis, Philadelphia, Phoenix, San Diego, Seattle and Portland, Oregon metropolitan areas. Additionally, the Company has contracted to provide EDA to carrier subscribers in Milwaukee and St. Louis. Service is provided to seven wireless telecommunications carriers, including cellular and personal communications services providers, under 12 multiyear contracts. In 1995, the Company handled over 20 million requests for directory assistance on behalf of its carrier customers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and general corporate purposes, including expansion of the company's call center network and sales and marketing activities. |
©1996 IPO Data Systems, Inc. - All rights reserved.