| Vialog Corporation | |||
| Proposed Ticker: | - | 46 Manning Road | |
| Exchange: | NASDAQ-National Market | Billerica, MA 01821 | |
| Industry: | Service (SIC Code 4813) | (508) 667-2000 | |
| Type of Shares: | Common Shares | Filing Date: | 2/28/97 | |
| U.S. Shares Filed: | 4,200,000 | Filing Range: | $12.00 - $14.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $54,600,000 | |
| Primary Shares: | 4,200,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: | 9,148,604 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| Issuer's Law Firm: | Mirick, O'Connell, Demallie & Lougee LLP |
| Bank's Law Firm: | Foley Hoag & Eliot |
| Auditor: | KPMG Peat Marwick |
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: | $50.61 | Assets: | $63.00 | ||
| Net Income: | $1.28 | Curr Assets: | |||
| EPS: | $0.13 | Liabilities: | $56.61 | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | $0.18 | Equity: | $6.39 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company was founded on January 1, 1996 with the intention of becoming a leading provider of value-added electronic group communications services. These services include audio, video and data teleconferencing. Through the combination of seven private conference service bureaus simultaneously with the closing of this Offering, the company will establish one of the largest and most geographically diverse networks of sales and operations centers focused solely on the electronic group communications market. The company intends to establish its brand, VIALOG, as synonymous with superior electronic group communications services. The company believes it will increase its market share by emphasizing superior customer service, enhanced and customized services, targeted marketing and relationship selling. The company has approximately 10,000 ports of teleconferencing capability with which it services its customers. These customers include Fortune 500 companies and several telecommunications providers as well as medium and small businesses and institutions. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay the cash portion of the purchase price for the Founding Companies, to repay indebtedness of the Founding Companies to repay Notes issued by Vialog prior to the offering, and for working capital and for general corporate purposes including future acquisition. |