Award Software International, Inc.
(www.award.com)
Ticker: AWRD 777 East Middlefield Road
Exchange: NASDAQ-National Market Mountain View, California 94043
Industry: Manufacturing (415) 968-4433

Type of Shares:Common Shares Filing Date:6/4/96
U.S. Shares:1,850,000 Offer Date:10/25/96
Non-U.S. Shares:0 Filing Range:$8.00 - $10.00
Primary Shares:1,250,000 Offer Price:$8.00
Secondary Shares:600,000 Gross Spread:$0.56
Offering Amount: $16,650,000 Selling:$0.34
Expenses:$975,000 Reallowance:$0.10
Shares Out After:6,507,754

ManagerTierPhone
J.P. Morgan Securities Inc.Lead Manager (212) 648-9922
Needham & CompanyCo-manager (212) 371-8300
Prudential Securities IncorporatedCo-manager (212) 214-3000

Auditor: Price Waterhouse
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 6/30/96 6/30/95 6/30/96
Revenue:$9.13$5.05$4.04Assets:$14.92
Net Income:$1.17$1.10$0.38Liabilities:$2.22
EPS:$0.18$0.18$0.06Equity:$12.70

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company develops system management software for personal computer manufacturers. This software allows a personal computer's operating system software to work with its hardware. The Company's principal system management software products include a suite of Basic Input/Output System software(BIOS). Award's customers include designers and manufacturers of motherboards, PC systems and other micro-processor-based devices. The Company believes that its products and engineering services enable customers to rapidly develop new motherboard designs for state-of-the-art computer systems. The Company markets and licenses its products and services worldwide and has established itself as a leading provider of desktop system management software in Asia, which accounts for approximately 40% of worldwide desktop motherboard production.

Use of Proceeds
The proceeds from the proposed offering will be used for product development, working capital and other general corporate purposes including possible acquisitions of complementary products and technologies.

Last updated: 12/1/96

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