| Ticker: CYBR | 3000 Ocean Park Boulevard, Suite 2001 | |
| Exchange: NASDAQ-National Market | Santa Monica, California 94045 | |
| Industry: High-Tech | (310) 581-4700 |
| Type of Shares: | Common Shares | Filing Date: | 8/29/96 | |
| U.S. Shares: | 2,500,000 | Offer Date: | 10/23/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 2,500,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $30,000,000 | Selling: | $0.62 | |
| Expenses: | $1,100,000 | Reallowance: | $0.10 | |
| Shares Out After: | 11,482,449 |
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 576-3423 |
| Lehman Brothers Incorporated | Co-manager | (212) 640-6129 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: KPMG Peat Marwick | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $4.80 | $13.95 | $1.72 | Assets: | $7.09 |
| Net Income: | -$3.35 | -$2.23 | -$0.06 | Liabilities: | $9.18 |
| EPS: | -$0.43 | -$0.28 | -$0.01 | Equity: | -$2.10 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading provider of automatic service and support software products for Windows-based personal computer users. The company's First Aid products enable PC users to diagnose and resolve problems automatically without relying on costly and increasingly scarce technical support resources. To date, the company has sold over one million units of its First Aid family of products. The company's latest product, Oil Change is designed to offer PC users a one-stop solution for automatically updating their software applications and device drivers over the Internet. The company has developed an innovative, vendor-neutral, automated approach to technical support that enables the company to deliver among the most comprehensive and easy to use software support solutions available today for Windows-based PC users. The company's First Aid products utilize a knowledge base of general and system-specific information supporting a wide range of software applications, multimedia cards, modems, video cards and networks that, in aggregate, resolve over 10,000 potential combinations of problems. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital, repayment of debt and other general corporate purposes. |
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