| Ticker: INFN | 640 Clyde Court | |
| Exchange: NASDAQ-National Market | Mountain View, California 94043 | |
| Industry: High-Tech | (415) 940-6100 |
| Type of Shares: | Common Shares | Filing Date: | 7/23/96 | |
| U.S. Shares: | 2,152,000 | Offer Date: | 10/25/96 | |
| Non-U.S. Shares: | 538,000 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 690,000 | Gross Spread: | $1.12 | |
| Offering Amount: | $37,660,000 | Selling: | $0.65 | |
| Expenses: | $900,000 | Reallowance: | $0.10 | |
| Shares Out After: | 18,008,608 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Deutsche Morgan Grenfell | Co-manager | (212) 468-5000 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $24.74 | $17.95 | $11.29 | Assets: | $18.00 |
| Net Income: | $2.17 | $2.48 | $1.79 | Liabilities: | $9.61 |
| EPS: | $0.12 | $0.13 | $0.10 | Equity: | $8.39 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company manufactures, develops and markets object oriented, client/server platform and solutions software for financial trading and risk management. Founded in 1989, INfinity currently has more than 35 customers around the world, consisting primarily of large banks and other financial institutions with sophisticated trading operations and risk management needs. Infinity's primary product is the Infinity Platform, which provides customers with a foundation to rapidly develop, deploy and modify trading and risk management systems in response to the changing requirements of the marketplace. The Infinity Platform allows financial institutions and corporations to build applications to process, store, integrate and analyze their traded instrument portfolios. Infinity also offers Infinity Derivatives, solutions software for derivatives trading, which enables the customer to integrate "front-office" trading activities such as pricing, deal capture and position keeping with "back-office" operations such as trade confirmations, payments processing and general ledger accounting. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes, including primarily working capital and possible acquisitions. |
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