IPO Company Profile
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Curtis International Ltd.
7 Kodiak Crescent, Downsview, Canada M3J 3e5 * (416) 636-5553

The company designs, distributes and markets quality, value-priced consumer electronics products. The company offers a broad line of telecommunications, audio, video and computer products including, telephones, answering machines etc.

Primary Underwriting Group
ManagerTierPhone
Joseph Stevens & Company, L.P.Lead Manager (212) 361-3020

Offering Information
NASNTL:CURTF Wholesale: SIC 5064
Type of Shares:Common Shares Filing Date:6/12/98
U.S. Shares:1,650,000 Offer Date:11/12/98
Non-U.S. Shares:0 Filing Price:$5.00
Primary Shares:1,498,000 Offer Price:$5.25
Secondary Shares:152,000 Gross Spread:$0.52
Offering Amount: $8,250,000 Selling:
Expenses:$607,200 Reallowance:
Post-IPO Shares: -
Employees:37

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Gersten, Savage, Kaplowitz & Curtin
Bank's Law Firm: Broad and Cassel
Registrar/Transfer Agent: Continental Stock Transfer & Trust Co
Auditor: Schwartz Levitsky Feldman

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
2/28/98 2/28/98
Revenue:$22.34Assets:$9.70
Net Income:$0.75Curr Assets:
EPS:Liabilities:$8.28
Prior EPS:Curr Liab:
Cash Flow/Oper:-$2.56Equity:$1.42
Cash Flow/Fin:$3.30Cash:$2.02
Cash Flow/Inv:-$6.37

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

Additional Underwriter Compensation
Warrant to purchase 165,000 shares/units at a nominal price.
Exercise price of $5.50 for 4 year(s), 1 year(s) from 11/12/98.
$82,500.00 consulting agreement for 2 year(s).

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