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Analytical Graphics, Inc.
325 Technology Drive, Malvern, PA 19355 * (610) 578-1000

The company is the leading provider of commercial off-the-shelf software solutions for the space industry.

Primary Underwriting Group
ManagerTierPhone
Lehman Brothers IncorporatedLead Manager (212) 526-8100
Hambrecht & Quist IncorporatedCo-manager (415) 439-3626
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Filing Information
NASNTL:AGIX High-Tech: SIC 7372
Type of Shares:Common Shares Filing Date:8/5/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $56,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Buchanan Ingersoll
Bank's Law Firm: Chadbourne & Parke
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Pricewaterhouse Coopers LLC

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 6/30/98 6/30/97 6/30/98
Revenue:$12.86$6.51$6.53Assets:$7.28
Net Income:-$1.42-$2.59$0.53Curr Assets:$4.76
EPS:-$0.22-$0.39Liabilities:$8.74
Prior EPS:Curr Liab:$5.70
Cash Flow/Oper:$0.72-$1.62$0.06Equity:-$1.47
Cash Flow/Fin:$0.69$2.41$0.30Cash:$1.11
Cash Flow/Inv:-$1.67-$0.54-$0.57Working Cap:-$0.94

Use of Proceeds
The proceeds from the proposed offering will be used for repayment of bank indebtedness, payment of cumulative dividends attributable to preferred stock, expansion of sales and marketing activities, research and development activities, working capital and general corporate purposes including potential strategic acquisitions.

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