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Realax Software AG
AM Hardtwald 3, Ettlingen, Germany 76275

The company develops, markets and supports virtual reality software and solutions for commercial applications. The applications are used for digital prototyping, simulation, manufacturing, marketing and entertainment.

Primary Underwriting Group
ManagerTierPhone
New York Broker, Inc.Lead Manager

Offering Information
NASNTL:RLAXY High-Tech: SIC 7372
Type of Shares:American Depositary Receipts Filing Date:
U.S. Shares:1,068,000 Offer Date:1/30/98
Non-U.S. Shares:0 Filing Range:$5.00 - $6.00
Primary Shares:1,068,000 Offer Price:$5.50
Secondary Shares:0 Gross Spread:$0.44
Offering Amount: $5,874,000 Selling:$0.35
Expenses:$0 Reallowance:$0.00
Post-IPO Shares: -

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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