| Ticker: INSS | 1213 Innsbruck Drive | |
| Exchange: NASDAQ-National Market | Sunnyvale, California 94089 | |
| Industry: High-Tech | (408) 542-0100 |
| Type of Shares: | Common Shares | Filing Date: | 7/31/96 | |
| U.S. Shares: | 2,500,000 | Offer Date: | 9/18/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 2,500,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $25,000,000 | Selling: | $0.68 | |
| Expenses: | $860,000 | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Morgan Stanley & Co. Incorporated | Lead Manager | (212) 703-4797 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/96 | 6/30/96 | ||||
| Revenue: | $44.09 | Assets: | $18.07 | ||
| Net Income: | $2.88 | Liabilities: | $8.19 | ||
| EPS: | $0.09 | Equity: | $9.88 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| International Network Services is a leading provider of services for complex enterprise networks. The company provides services for the full life cycle of a network, including planning, design, implementation, and operations and optimizations. Areas of expertise include WANS, network management, network and host security and high performance LANS. As a services only provider, the company believes that it is able to provide unbiased assessments and optimal solutions for its clients. The company offers its services on a long or short term basis in any or all phases of the network life cycle. The company's services are particularly well suited to clients who out-task a portion of their information technology infrastructure. The company has developed an on-line solutions resource, Knowledge Network, through which the company's network systems engineers communicate and collaborate to provide proven and cost effective solutions to clients' complex enterprise network needs. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of debt and general corporate purposes, including working capital and capital expenditures. |
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