| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Pilot Network Services, Inc. |
| 1080 Marina Village Parkway, Alameda, CA 94501 * (510) 433-7800 |
| The company is a leading provider of comprehensive security services that incoprorate high-bandwidth connectivity and enable secure electronic commerce over the Internet. |
| Manager | Tier | Phone |
| CS First Boston | Lead Manager | (212) 325-2000 |
| BancAmerica Robertson Stephens | Co-manager | (415) 989-8500 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| NASNTL: | PILT | Internet: | SIC 7379 | |
| Type of Shares: | Common Shares | Filing Date: | 6/22/98 | |
| U.S. Shares: | 3,250,000 | Offer Date: | 8/11/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 3,110,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 140,000 | Gross Spread: | ||
| Offering Amount: | $45,500,000 | Selling: | ||
| Expenses: | $1,000,000 | Reallowance: | ||
| Post-IPO Shares: | 13,745,686 | |||
| Employees: | 102 |
| Issuer's Law Firm: | Venture Law Group |
| Bank's Law Firm: | Gunderson Dettmer Stough Villeneuve Franklin |
| Registrar/Transfer Agent: | U. S. Stock Transfer Corporation |
| Auditor: | KPMG Peat Marwick |
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 | ||
| 3/31/98 | 3/31/98 | ||||
| Revenue: | $11.32 | Assets: | $8.92 | ||
| Net Income: | -$6.70 | Curr Assets: | $2.79 | ||
| EPS: | Liabilities: | $21.34 | |||
| Prior EPS: | Curr Liab: | $5.75 | |||
| Cash Flow/Oper: | -$1.92 | Equity: | -$12.41 | ||
| Cash Flow/Fin: | $1.75 | Cash: | $1.45 | ||
| Cash Flow/Inv: | -$1.47 | Working Cap: | -$2.96 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including working capital, capital expenditures and repayment of certain indebtedness. |