IPO Company Profile
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800 Travel Systems, Inc.
4802 Gunn Highway, Tampa, FL 33624 * (813) 908-0404

The company is among the 100 largest independent travel agencies in the United States.

Primary Underwriting Group
ManagerTierPhone
First London Securities CorporationLead Manager (800) 248-9461

Offering Information
NASSCM:IFLY Transportation: SIC 4724
Type of Shares:Common Shares Filing Date:6/2/97
U.S. Shares:1,350,000 Offer Date:1/14/98
Non-U.S. Shares:0 Filing Range:$4.50 - $5.50
Primary Shares:1,350,000 Offer Price:$5.00
Secondary Shares:0 Gross Spread:$0.50
Offering Amount: $6,750,000 Selling:$0.30
Expenses:$724,750 Reallowance:$0.10
Post-IPO Shares:7,807,129

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Phillips, Nizer, Benjamin, Krim & Ballon
Bank's Law Firm: Jackson & Walker
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Killman, Murrell & Company

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 3/31/97 3/31/96 3/31/97
Revenue:$3.24$1.64$0.36Assets:$2.62
Net Income:-$3.21-$0.32-$1.18Curr Assets:
EPS:-$0.65-$0.05-$0.29Liabilities:$1.27
Prior EPS:-$0.03Curr Liab:
Cash Flow/Oper:-$1.10Equity:$1.35
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Use of Proceeds
The proceeds from the proposed offering will be used to repay indebtedness, including indebtedness incurred to redeem Common Stock, to train additional reservation agents and for working capital and for general corporate purposes.

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