| Ticker: CHKPF | 35 Jabotinsky Street | |
| Exchange: NASDAQ-National Market | Ramat-Gan, Foreign 52511 | |
| Industry: High-Tech | 7236131833 |
| Type of Shares: | Ordinary Shares | Filing Date: | 6/3/96 | |
| U.S. Shares: | 3,360,000 | Offer Date: | 6/27/96 | |
| Non-U.S. Shares: | 840,000 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 1,200,000 | Gross Spread: | $0.98 | |
| Offering Amount: | $54,600,000 | Selling: | $0.55 | |
| Expenses: | $1,700,000 | Reallowance: | $0.10 | |
| Shares Out After: | 32,700,000 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 576-3423 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $9.55 | $4.84 | $1.64 | Assets: | $11.34 |
| Net Income: | $4.85 | $2.76 | $0.84 | Liabilities: | $3.51 |
| EPS: | $0.14 | $0.08 | $0.02 | Equity: | $7.82 |
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 and supports network security software products that enable connectivity with security and manageability. The company's technology provides easy to use software solutions that enable system administrators to define and transparently enforce an integrated, centrally managed enterprise-wide network security policy. The company's products address the increasing demand for network security solutions, which has been fueled by the rapid growth of connectivity due to widespread business to business communications using the Internet and the emergence of "intranets" as corporate information networks. According to International Data Corporation, the company was the leader in the worldwide market for firewall products in 1995, with a 40% share of units shipped. |
| Use of Proceeds |
| Proceeds from the offering will be used for general corporate purposes, including working capital. |
©1996 IPO Data Systems, Inc. - All rights reserved.