| Ticker: VOXW | 305 College Road East | |
| Exchange: NASDAQ-National Market | Princeton, New Jersey 08540 | |
| Industry: High-Tech | (609) 514-4100 |
| Type of Shares: | Common Shares | Filing Date: | 7/19/96 | |
| U.S. Shares: | 2,700,000 | Offer Date: | 10/30/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 2,700,000 | Offer Price: | $7.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.52 | |
| Offering Amount: | $32,400,000 | Selling: | $0.30 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 21,895,000 |
| Manager | Tier | Phone |
| Montgomery Securities | Lead Manager | (415) 627-2220 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Oppenheimer & Company, Inc. | Co-manager | (212) 667-7402 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/96 | 6/30/96 | ||||
| Revenue: | $1.61 | Assets: | $5.34 | ||
| Net Income: | -$2.87 | Liabilities: | $0.47 | ||
| EPS: | -$0.16 | Equity: | $4.86 | ||
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, licenses and supports a comprehensive, integrated set of digital speech processing technologies which provide the ability to compress, model and transform speech. MetaVoice, the company's innovative coding technology, is designed to reproduce high quality speech while requiring low communications bandwidth and processing power. In addition to efficiently compressing speech, MetaVoice enables a broad array of voice transmission capabilities. Voxware's technologies enables a broad array of voice transformation capabilities. Voxware's technologies enable it to create a new generation of speech enhanced communications and interactive products for the Internet and other band with constrained environments. The company licenses its technologies, including speech coder/decoders and application programming interfaces, to software, computing and communications companies and distributes its end user application software to consumers and businesses. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes, including working capital and capital expenditures. |
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