HK Systems, Inc.
Proposed Ticker:HKS 2855 S. James Drive
Exchange:New York Stock Exchange New Berlin, WI 53151
Industry:Service (SIC Code 8999) (414) 860-7000
# of Employees:1150

Filing Information
Type of Shares:Common Shares Filing Date:12/23/97
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $100,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Lehman Brothers IncorporatedLead Manager (212) 526-8100
Furman Selz IncorporatedCo-manager (212) 309-8285
Robert W. Baird & CompanyCo-manager (414) 765-3632

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Foley & Lardner
Bank's Law Firm: Mayer, Brown & Platt
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
10/31/97 10/31/97
Revenue:$246.15Assets:$131.36
Net Income:$5.84Curr Assets:$66.50
EPS:$0.77Liabilities:$109.77
Prior EPS:$0.36Curr Liabilities:$54.31
Cash Flow/Oper:$22.66Equity:$21.59
Cash Flow/Fin:$15.96Cash:$0.33
Cash Flow/Inv:-$38.44Working Cap:$12.18

Business Description
The company is a leading provider of supply chain solutions. The company develops, implements and supports integrated solutions to the complex material handling and supply chain needs of a wide array of industries.

Use of Proceeds
The proceeds from the proposed offering will be used to repay indebtedness and to pay accrued dividends on preferred stock.

©1997 IPO Data Systems, Inc. - All rights reserved.