| Proposed Ticker: VSTA | 1101 Marina Village Parkway | |
| Exchange: NASDAQ-National Market | Alameda, California 94501 | |
| Industry: High-Tech | (510) 337-2000 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 8/5/96 | |
| U.S. Shares Filed: | 2,000,000 | Filing Range: | $10.00 - $12.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $22,000,000 | |
| Primary Shares: | 2,000,000 | Expenses: | $850,000 | |
| Secondary Shares: | 0 | Shs Out After: | 7,296,472 | |
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 576-3423 |
| Cowen & Company | Co-manager | (212) 495-6000 |
| SoundView Financial Group, Inc. | Co-manager | (203) 462-7200 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $25.24 | $14.74 | $9.64 | Assets: | $11.30 |
| Net Income: | -$7.96 | $0.40 | -$7.07 | Liabilities: | $16.37 |
| EPS: | Equity: | -$5.07 | |||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides client/server document workflow software that enables customers to automate and improve document-intensive business processes across the enterprise. The ViewStar Enterprise Document Workflow System allows the customers to easily define and change work content, work flows, business rules and user roles, facilitating the rapid design, development and deployment of business process applications. The company's products are used in a wide variety of applications including consumer and mortgage lending, claims processing, underwriting, trust management, contract management, accounts payable and customer service. In today's highly competitive marketplace, companies must continuously improve their core business processes and operations. The ViewStar System is an enterprise-class, client/server application framework that is build around Windows NT and utilizes Microsoft's enterprise computing architecture. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness and general corporate purposes, including working capital. |
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