IPO Company Profile
SEC Filings | Peer IPO Companies
Metalogics, Inc.
Riverview Historical Plaza, 33-41 Newark Street, Suite 4-C, Hoboken, NJ 07030 * (201) 656-0906

The company provides enterprise management solutions designed to access the status and interoperability of enterprise-wide computer and microprocessor-embedded systems predominately to the healthcare industry.

Primary Underwriting Group
ManagerTierPhone
Cruttenden Roth IncorporatedLead Manager (800) 678-9147
Barington Capital Group, L.P.Co-manager (212) 974-5700
Josephthal Lyon & Ross, Inc.Co-manager (212) 907-4545

Filing Information (withdrawn)
NASNTL:ML High-Tech: SIC 7372
Type of Shares:Common Shares Filing Date:7/30/98
U.S. Shares Filed:2,300,000 Filing Range:$11.00 - $13.00
Non-U.S. Shares Filed:0 Offering Amount: $27,600,000
Primary Shares:2,300,000 Expenses:$500,000
Secondary Shares:0 Post-IPO Shares:6,000,000
Employees:18

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Greenberg Traurig Hoffman Lipoff Rosen & Quentel
Bank's Law Firm: Freshman, Marantz, Orlanski, Cooper & Klein
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: KPMG Peat Marwick

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:$1.65$0.43$0.21Assets:$0.46
Net Income:-$0.61-$0.24-$0.06Curr Assets:$0.22
EPS:-$0.16-$0.07-$0.02Liabilities:$1.33
Prior EPS:$0.01Curr Liab:$1.33
Cash Flow/Oper:$0.08$0.27-$0.01Equity:-$0.87
Cash Flow/Fin:-$0.07Cash:$0.13
Cash Flow/Inv:-$0.09-$0.08Working Cap:-$1.11

Use of Proceeds
The proceeds from the proposed offering will be used to finance current Y2K assessment and expected mitigation projects, to expand sales and marketing, to enhance the company's ongoing product development programs and for working capital and for general corporate purposes.

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