| RWD Technologies, Inc. | |||
| Ticker: | RWDT | 10480 Little Patuxent Parkway, Suite 1200 | |
| Exchange: | NASDAQ-National Market | Columbia, MD 21044 | |
| Industry: | Service (SIC Code 7389) | (410) 730-4377 | |
| Type of Shares: | Common Shares | Filing Date: | 2/14/97 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 6/19/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.91 | |
| Offering Amount: | $33,000,000 | Selling: | $0.50 | |
| Expenses: | $985,000 | Reallowance: | $0.10 | |
| Shares Out After: | 13,795,367 |
| Manager | Tier | Phone |
| William Blair & Company | Lead Manager | (312) 364-8990 |
| Montgomery Securities | Co-manager | (415) 627-2100 |
| Issuer's Law Firm: | Piper & Marbury |
| Bank's Law Firm: | Jones, Day, Reavis & Pogue |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $65.01 | Assets: | $29.86 | ||
| Net Income: | $5.17 | Curr Assets: | |||
| EPS: | $0.42 | Liabilities: | $9.73 | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | $11.90 | Equity: | $20.13 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company provides a broad range of integrated solutions designed to improve the productivity and effectiveness of workers in complex operating environments. As the scope and complexity of technology used by businesses accelerates and the global business environment becomes more competitive, companies are increasingly focused on maximizing the return on their advanced technology investments. To achieve this goal, companies must ensure their employees receive effective performance support, including the tools and training to operate these advanced systems effectively. Founded in 1988, the company initially provided conventional performance support services such as classroom training and hard copy documentation to plant personnel in large industrial companies employing complex manufacturing systems and technologies. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay money owed to two stockholders and for general corporate purposes including working capital and possible acquisitions. |