| Evolving Systems, Inc. | |||
| Proposed Ticker: | EVOL | 6892 South Yosemite | |
| Exchange: | NASDAQ-National Market | Englewood, CO 80112 | |
| Industry: | Service (SIC Code 7389) | (303) 802-1000 | |
| # of Employees: | 313 | ||
| Type of Shares: | Common Shares | Filing Date: | 1/9/98 | |
| U.S. Shares Filed: | 4,000,000 | Filing Range: | $10.00 - $12.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $44,000,000 | |
| Primary Shares: | 4,000,000 | Expenses: | $875,000 | |
| Secondary Shares: | 0 | Shares Out After: | 10,830,756 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| UBS Securities Inc. | Co-manager | (212) 821-4510 |
| Issuer's Law Firm: | Cooley Godward Castro Huddleson & Tatum |
| Bank's Law Firm: | Brobeck, Phleger & Harrison |
| Auditor: | Price Waterhouse |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $36.92 | $30.03 | $27.42 | Assets: | $28.43 |
| Net Income: | -$0.88 | -$0.15 | -$1.05 | Curr Assets: | $18.65 |
| EPS: | -$0.16 | -$0.02 | Liabilities: | $27.38 | |
| Prior EPS: | $4.23 | -$0.50 | Curr Liabilities: | $13.06 | |
| Cash Flow/Oper: | $1.47 | -$2.20 | $6.64 | Equity: | $1.04 |
| Cash Flow/Fin: | $2.56 | -$2.08 | -$2.80 | Cash: | $3.13 |
| Cash Flow/Inv: | -$2.12 | -$2.08 | Working Cap: | $5.59 | |
| Business Description |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness, working capital and general corporate purposes. |