| International Business Systems AB | |||
| (www.ibs.se) | |||
| Proposed Ticker: | IBSBY | Box 1350 | |
| Exchange: | NASDAQ-National Market | Solna, SWEDN S-171 26 | |
| Industry: | Service | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 3/3/97 | |
| U.S. Shares Filed: | 6,636,055 | Filing Price: | $9.35 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $62,047,117 | |
| Primary Shares: | 4,000,000 | Expenses: | - | |
| Secondary Shares: | 2,636,055 | Shares Out After: | 15,121,020 |
| Manager | Tier | Phone |
| CS First Boston | Lead Manager | (212) 325-2000 |
| Enskilda Securities | Co-manager | |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Issuer's Law Firm: | Brobeck, Phleger & Harrison |
| Bank's Law Firm: | Rogers & Wells |
| Auditor: | KPMG Accountants N.V. |
| Registrar/Transfer Agent: | Bank of New York |
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: | $141.85 | Assets: | $81.24 | ||
| Net Income: | $1.67 | Curr Assets: | |||
| EPS: | $0.15 | Liabilities: | $58.30 | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | $22.94 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a provider of client/server enterprise resource planning solutions for managing the distribution, manufacturing, logistics and financial operations of distribution and manufacturing companies worldwide. The company's principal proprietary software product, Application SoftWare or ASW, provides a comprehensive and integrated ERP solution. ASW consists of a series of integrated applications modules which can be combined to meet customer-specific needs. These modules include, among others, Sales and Distribution, Inventory Control, Warehouse Management, Service, Manufacturing, Financials, EIS/Data Warehousing and other analysis and decision support tools. ASW Client/Server (Release 3), the most recent release of the company's software product, incorporates certain object-oriented modules and is used in a wide variety of client/server solutions integrating the International Business Machine Corporation AS/400 server with personal computer networks. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the repayment of debt, for the expansion of sales, service and marketing organization and for general corporate purposes. |