| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Intellisys Group, Inc. |
| 140 East Dana Street, Mountain View, CA 94041 * (800) 828-6464 |
| The design, install and service custom integrated audio, video and data display, conferencing and networking systems. |
| Manager | Tier | Phone |
| Wedbush Morgan Securities | Lead Manager | (213) 688-8050 |
| NASNTL: | ISGP | High-Tech: | SIC 5099 | |
| Type of Shares: | Common Shares | Filing Date: | 10/16/98 | |
| U.S. Shares Filed: | 2,000,000 | Filing Range: | $8.00 - $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $18,000,000 | |
| Primary Shares: | 2,000,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 6,162,859 | |
| Employees: | 325 |
| Issuer's Law Firm: | Latham & Watkins |
| Bank's Law Firm: | Gibson, Dunn & Crutcher |
| Auditor: | KPMG Peat Marwick |
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: | $41.53 | $26.68 | $18.16 | Assets: | $25.57 |
| Net Income: | $0.79 | $0.50 | $0.13 | Curr Assets: | $21.51 |
| EPS: | $0.21 | $0.13 | $0.03 | Liabilities: | $20.57 |
| Prior EPS: | $0.05 | Curr Liab: | $19.75 | ||
| Cash Flow/Oper: | $0.24 | -$0.75 | $1.79 | Equity: | $5.00 |
| Cash Flow/Fin: | $0.35 | $3.40 | -$1.62 | Cash: | $0.12 |
| Cash Flow/Inv: | -$0.51 | -$2.65 | -$0.14 | Working Cap: | $1.75 |
| Competition |
| No firm data exists on the size of the multimedia presentation and communication services industry and the number and size of competitors within the industry. However, the Company's management believes, based on its experience in the industry, that the multimedia presentation and communication services industry is highly competitive and highly fragmented. Although the Company competes primarily with small, regional firms that offer more limited services, some participants in the industry have national, full service businesses and greater capabilities and financial resources. In addition, non- traditional competitors who offer more mature and sophisticated products and services (such as telecommunications, computing and energy management companies) have begun to add multimedia presentation and communication services and products to their existing technology products and services. The Company's primary competitors are: audiovisual equipment dealers; companies that rent and sell audiovisual equipment, primarily in connection with staging services for trade shows and other corporate events; independent design consulting firms; electrical contractors; manufacturers' sales and service divisions; office superstores and consumer electronics chains; and the in-house communications staffs of many clients and potential clients. |
| Business Plan |
| Our goal is to enhance our market position in the multimedia presentation and communication services industry by continuing to grow internally and through strategic acquisitions. Our strategy to achieve this goal contains the following key elements: 1) Serve as a Single Source Provider of Multimedia Communication Solutions 2) Stimulate internal growth 3) Make strategic acquisitions 4) Develop and maintain strong supplier relationships 5) Focus on staff professional development. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness, fund potential acquisitions, working capital and for general corporate purposes. |
| Additional Underwriter Compensation |
| Warrant to purchase 100,000 shares/units at $100.00 per share/unit. |