| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Hiway Technologies, Inc. |
| 5050 Blue Lake Drive, Suite 100, Boca Raton, FL 33431 * (561) 989-8574 |
| The company is a leading global provider of Web hosting and related enhanced Internet services to small and medium sized businesses. |
| Manager | Tier | Phone |
| BT Alex Brown | Lead Manager | (410) 727-1700 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 371-0641 |
| NASNTL: | HWAY | Internet: | SIC 4813 | |
| Type of Shares: | Common Shares | Filing Date: | 6/10/98 | |
| U.S. Shares Filed: | 4,000,000 | Filing Range: | $13.00 - $15.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $56,000,000 | |
| Primary Shares: | 3,500,000 | Expenses: | - | |
| Secondary Shares: | 500,000 | Post-IPO Shares: | ||
| Employees: | 274 |
| Issuer's Law Firm: | Fenwick & West |
| Bank's Law Firm: | Venture Law Group |
| Auditor: | Coopers & Lybrand |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $26.18 | $8.84 | $5.37 | Assets: | $22.36 |
| Net Income: | $2.87 | $0.79 | $0.74 | Curr Assets: | $10.62 |
| EPS: | $0.08 | $0.02 | $0.02 | Liabilities: | $12.13 |
| Prior EPS: | $0.02 | $2.38 | $1.53 | Curr Liab: | $6.41 |
| Cash Flow/Oper: | $6.48 | $0.04 | -$0.39 | Equity: | $10.23 |
| Cash Flow/Fin: | $3.06 | -$1.56 | -$0.92 | Cash: | $6.53 |
| Cash Flow/Inv: | -$5.45 | Working Cap: | $4.22 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes. |