| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Exodus Communications, Inc. |
| 2650 San Tomas Expressway, Santa Clara, CA 95051 * (408) 346-2200 |
| The company is a leading provider of Internet system and network management solutions for enterprises with mission critical Internet operations. |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| Nationsbanc Montgomery Securities, Inc. | Co-manager | (415) 627-2100 |
| NASNTL: | EXDS | Internet: | SIC 4813 | |
| Type of Shares: | Common Shares | Filing Date: | 1/16/98 | |
| U.S. Shares: | 4,500,000 | Offer Date: | 3/18/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 4,500,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.05 | |
| Offering Amount: | $63,000,000 | Selling: | $0.00 | |
| Expenses: | $1,400,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | - | |||
| Employees: | 220 |
| Issuer's Law Firm: | Fenwick & West |
| Bank's Law Firm: | Wilson, Sonsini, Goodrich & Rosati |
| Registrar/Transfer Agent: | Boston Equiserve Limited Partnership |
| Auditor: | KPMG Peat Marwick |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $3.13 | $7.50 | $2.02 | Assets: | $24.88 |
| Net Income: | -$4.13 | -$14.57 | -$2.09 | Curr Assets: | $13.68 |
| EPS: | -$0.33 | -$0.99 | Liabilities: | $15.25 | |
| Prior EPS: | Curr Liab: | $8.87 | |||
| Cash Flow/Oper: | -$3.00 | -$9.60 | -$1.51 | Equity: | $9.63 |
| Cash Flow/Fin: | $10.17 | $24.79 | $3.40 | Cash: | $3.88 |
| Cash Flow/Inv: | -$3.62 | -$15.03 | -$1.81 | Working Cap: | $4.81 |
| Competition |
| The market served by the Company is highly competitive. There are few substantial barriers to entry, and the Company expects that it will face additional competition from existing competitors and new market entrants in the future. The principal competitive factors in this market include Internet system engineering expertise, customer service, network capability, reliability, quality of service and scalability, broad geographic presence, brand name, technical expertise and functionality, the variety of services offered, the ability to maintain and expand distribution channels, customer support, price, the timing of introductions of new services, network security, financial resources and conformity with industry standards. There can be no assurance that the Company will have the resources or expertise to compete successfully in the future. |
| Business Plan |
| The Company's objective is to become the leading provider of Internet system and network management solutions for enterprises with mission-critical Internet operations. To achieve this objective, the Company's strategy includes the following key elements: (I) Extend Market Leadership, (ii) Focus on Collaborative Management and Internet Technology Services, (iii) Continue Domestic Expansion and Establish Global Presence, (iv) Leverage Expertise to Address New Market Opportunities and (v) Establish Strategic Relationships for Technology and Distribution. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and general corporate purposes. |