| Visual Numerics, Inc. | |||
| (www.vni.com) | |||
| Proposed Ticker: | - | 9990 Richmond Avenue, Suite 400 | |
| Exchange: | NASDAQ-Small Cap Market | Houston, TX 77042 | |
| Industry: | High-Tech (SIC Code 7372) | (713) 784-3131 | |
| Type of Shares: | Common Shares | Filing Date: | 1/16/97 | |
| U.S. Shares Filed: | 1,650,000 | Filing Range: | $2.00 - $3.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $4,125,000 | |
| Primary Shares: | 1,650,000 | Expenses: | $375,000 | |
| Secondary Shares: | 0 | Shares Out After: | 8,128,129 |
| Manager | Tier | Phone |
| Gordian Group, Inc. | Lead Manager |
| Issuer's Law Firm: | Venture Law Group |
| Bank's Law Firm: | Howard, Rice, Nemerovski, Canady, Robertson, Falk |
| Auditor: | KPMG Peat Marwick |
| Registrar/Transfer Agent: | Self Administered |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $30.00 | $19.10 | $21.96 | Assets: | $9.32 |
| Net Income: | -$0.08 | -$0.71 | -$0.37 | Curr Assets: | |
| EPS: | -$0.01 | -$0.11 | -$0.06 | Liabilities: | $5.71 |
| Prior EPS: | $0.19 | $1.11 | $1.18 | Curr Liabilities: | |
| Cash Flow/Oper: | $1.77 | Equity: | $3.61 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading supplier of computational algorithm libraries and visual data analysis software. Its IMSL libraries are proprietary sets of algorithms used by scientists, researchers, engineers and information technology to perform complex numerical and computational functions and to develop computer applications. The company has been developing, enhancing and supplementing the IMSL libraries for 26 years. The company's PV-WAVE visual data analysis products facilitate analysis of complex, multi-variable data sets in a wide variety of industries and applications. Visual Numerics is enhancing its existing products to enable their use in intranet and Internet computing environments and is developing new products based upon its existing technologies that are specifically designed for use in Java based applications in those environments. The company's products help customers create high quality applications across multiple platforms. The company's customers include approximately 240 of the Fortune 1000 companies and are widely dispersed among telecommunications, financial, life sciences, transportation, defense, earth sciences, research and educational markets. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for development and marketing of new products and for working capital and other general corporate purposes. |