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Entrust Technologies, Inc.
2323 North Central Expressway, Richardson, TX 75080 * (972) 994-8000

The company develops, markets and sells products and services that allow enterprises to manage trusted, secure electronic communications and transactions over today's advanced networks, including the Internet, extranets and intranets.

Primary Underwriting Group
ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-5959
Donaldson, Lufkin & Jenrette Securities Corp.Co-manager (212) 371-0641
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Offering Information
NASNTL:ENTU Internet: SIC 7371
Type of Shares:Common Shares Filing Date:6/19/98
U.S. Shares:7,767,000 Offer Date:8/17/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:7,767,000 Offer Price:$16.00
Secondary Shares:0 Gross Spread:$1.12
Offering Amount: $116,505,000 Selling:$0.68
Expenses: - Reallowance:$0.10
Post-IPO Shares: -
Employees:350

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Hale and Dorr
Bank's Law Firm: Ropes & Gray
Auditor: Deloitte & Touche

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:$25.01$9.92$4.10Assets:$25.92
Net Income:$0.51$0.14$0.22Curr Assets:$22.93
EPS:$0.02$0.01Liabilities:$11.15
Prior EPS:Curr Liab:$9.86
Cash Flow/Oper:-$2.14-$1.23$3.99Equity:$14.77
Cash Flow/Fin:$15.67$0.00$14.22Cash:$5.41
Cash Flow/Inv:-$9.51$2.62$0.00Working Cap:$13.07

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

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