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International Integration Incorporated
101 Main Street, Cambridge, MA 02142 * (617) 250-2500

The company provides application migration and custom software development services on a fixed-price, fixed-time basis to Fortune 1000 companies and other large enterprises.

Primary Underwriting Group
ManagerTierPhone
Morgan Stanley Dean Witter Discover & Co.Lead Manager (212) 761-5900
BT Alex BrownCo-manager (410) 727-1700
UBS Securities Inc.Co-manager (212) 821-4510

Offering Information
NASNTL:ICUB High-Tech: SIC 7371
Type of Shares:Common Shares Filing Date:4/24/98
U.S. Shares:2,500,000 Offer Date:6/22/98
Non-U.S. Shares:0 Filing Range:$11.00 - $13.00
Primary Shares:2,500,000 Offer Price:$12.00
Secondary Shares:0 Gross Spread:$0.84
Offering Amount: $30,000,000 Selling:$0.50
Expenses:$950,000 Reallowance:$0.10
Post-IPO Shares: -
Employees:178

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Hale and Dorr
Bank's Law Firm: Testa, Hurwitz & Thibeault
Registrar/Transfer Agent: Boston Equiserve Limited Partnership
Auditor: Coopers & Lybrand

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$26.86$8.83$5.60Assets:$19.52
Net Income:$4.33$1.37$0.93Curr Assets:$17.03
EPS:$0.34$0.10$0.07Liabilities:$8.48
Prior EPS:$0.13Curr Liab:$7.85
Cash Flow/Oper:$8.21-$0.73$6.51Equity:$11.04
Cash Flow/Fin:$0.46$0.00$0.07Cash:$9.83
Cash Flow/Inv:-$1.74-$0.26-$0.57Working Cap:$9.17

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including working capital, capital expenditures and potential acquisitions.

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