IPO Company Profile
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Cumetrix, Inc.
1304 John Reed Court, City of Industry, CA 91745 * (626) 968-9868

The company distributes computer equipment and related hardware components and software to value added resellers, systems integrators, original equipment manufacturers, independent software vendors and major government and corporate accounts.

Primary Underwriting Group
ManagerTierPhone
Joseph Stevens & Company, L.P.Lead Manager (212) 361-3020

Offering Information
NASSCM:CDSC Wholesale: SIC 5045
Type of Shares:Common Shares Filing Date:12/23/97
U.S. Shares:2,350,000 Offer Date:4/7/98
Non-U.S. Shares:0 Filing Range:$4.50 - $5.50
Primary Shares:2,350,000 Offer Price:$5.00
Secondary Shares:0 Gross Spread:$0.46
Offering Amount: $11,750,000 Selling:$0.15
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:6,550,000
Employees:22

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Troop Meisinger Steuber & Pasich, LLP
Bank's Law Firm: Orrick, Herrington & Sutcliffe
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
3/31/97 9/30/97 9/30/96 9/30/97
Revenue:$25.94$29.39$10.29Assets:$8.50
Net Income:$0.03$0.38-$0.12Curr Assets:$7.33
EPS:$0.01$0.08-$0.03Liabilities:$7.54
Prior EPS:Curr Liab:$7.53
Cash Flow/Oper:$0.39-$0.46$0.25Equity:$0.96
Cash Flow/Fin:$0.27$0.45$0.18Cash:$0.35
Cash Flow/Inv:-$0.18-$0.12-$0.13Working Cap:-$0.20

Use of Proceeds
The proceeds from the proposed offering will be used for expansion of the company's ACSA Solution, repayment of bridge notes and other indebtedness, and working capital and general corporate purposes.

Additional Underwriter Compensation
Warrant to purchase 180,000 shares/units at a nominal price.

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