| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| American Bank Note Holographics, Inc. |
| 399 Executive Boulevard, Elmsford, NY 10523 * (914) 592-2355 |
| The company is a world leader in the origination, production and marketing of mass-produced secure holograms. |
| Manager | Tier | Phone |
| Nationsbanc Montgomery Securities, Inc. | Lead Manager | (415) 627-2100 |
| Lazard Freres & Co. | Co-manager | (212) 632-6717 |
| Raymond James & Associates, Inc. | Co-manager | (813) 573-8108 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| NASNTL: | ABH | Manufacturing: | SIC 3398 | |
| Type of Shares: | Common Shares | Filing Date: | 5/5/98 | |
| U.S. Shares: | 13,636,000 | Offer Date: | 7/14/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $9.50 | |
| Primary Shares: | 0 | Offer Price: | $8.50 | |
| Secondary Shares: | 13,636,000 | Gross Spread: | $0.60 | |
| Offering Amount: | $126,133,000 | Selling: | $0.35 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Post-IPO Shares: | 13,636,000 | |||
| Spin out parent firm: | American Banknote Corporation | |||
| Employees: | 110 | |||
| Issuer's Law Firm: | Paul, Hastings, Janofsky & Walker |
| Bank's Law Firm: | Fried, Frank, Harris, Shriver & Jacobson |
| Registrar/Transfer Agent: | Bank of New York |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $30.91 | Assets: | $35.82 | ||
| Net Income: | $7.54 | Curr Assets: | $21.29 | ||
| EPS: | $0.55 | Liabilities: | $6.04 | ||
| Prior EPS: | $0.35 | Curr Liab: | $3.99 | ||
| Cash Flow/Oper: | Equity: | $29.78 | |||
| Cash Flow/Fin: | Cash: | $0.25 | |||
| Cash Flow/Inv: | Working Cap: | $17.30 | |||
| Competition |
| The holography industry is highly competitive and highly fragmented, with approximately 50 companies in the security sector. A number of the Company's competitors are larger or are divisions of larger companies, and have greater financial resources, than the Company. In the holography industry, competition is generally based on technology, price, product quality and customer service. The Company also competes with other non-holographic methods or devices. The Company believes its leading position in the security sector of the holography market is attributable to its years of technical expertise and experience in the mass production of secure holograms, as well as its reputation for secure facilities and inventory control systems. |
| Business Plan |
| The Company's strategy is to maintain and expand its leading market position in the security sector of the holography market in the following manner: (I) Maintain Leadership in Transaction Cards, (ii) Grow Product Authentication Area, (iii) Promote Acceptance of Holograms on Documents of Value, (iv) Expand ABNH's Security Products and Services for Licensed Products, (v) Grow through Strategic Acquisitions, (vi) Focus on International Expansion, (vii) Continue the Development of Holographic Technology and (viii) Continue Operating Improvements. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used distributed to selling shareholder. |