IPO Company Profile
SEC Filings | Peer IPO Companies
FileTek, Inc.
9400 Key West Avenue, Rockville, MD 20850 * (301) 251-0600

The company develops, and supports integrated data storage and access management solutions through efficient collection, storage and management of, and timely, shared access to, massive amounts of data.

Primary Underwriting Group
ManagerTierPhone
Nationsbanc Montgomery Securities, Inc.Lead Manager (415) 627-2100
BancAmerica Robertson StephensCo-manager (415) 989-8500

Filing Information
NASNTL:FLTK High-Tech: SIC 7372
Type of Shares:Common Shares Filing Date:7/2/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $50,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:98

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Piper & Marbury
Bank's Law Firm: Buchanan Ingersoll
Registrar/Transfer Agent: Boston Equiserve Limited Partnership
Auditor: Ernst & Young

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:$23.70$8.55$6.10Assets:$24.79
Net Income:$1.51$2.02$0.33Curr Assets:$20.81
EPS:$0.19$0.21$0.04Liabilities:$20.48
Prior EPS:$0.17Curr Liab:$20.12
Cash Flow/Oper:$13.22$3.70-$0.21Equity:$4.31
Cash Flow/Fin:-$5.36-$0.20$0.56Cash:$10.55
Cash Flow/Inv:-$0.72-$0.12-$0.36Working Cap:$0.68

Use of Proceeds
The proceeds from the proposed offering will be used for working capital, general corporate purposes, expansion of sales and marketing, customer support and product development activities, international expansion, and possible acquisitions.

©1998 IPO Data Systems, Inc. - All rights reserved.