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Interliant, Inc.
215 First Street, Cambridge, MA 02142 * (617) 374-4700
Business Description The company is a provider of a comprehensive suite of hosting and enhanced Internet services that enable its customers to deploy and manage their web sites and network based applications more effectively then internally developed solutions.
Offering
Information

Company has
gone public

Trading As  INIT (NASNTL) Industry  Internet (SIC 7379)
Type of Stock Offered  Common Shares Filing Date  03/12/1999
Domestic Shares Offered  7,000,000 Offer Date  07/07/1999
Foreign Shares Offered  0 Filing Range  $9.00 - $11.00
Company Shares  6,125,000 Offer Price  $10.00
Selling Shrhldrs Shares  875,000 Gross Spread  $0.700
Gross Proceeds  $70,000,000 Selling  $0.400
Expenses  - - Reallowance  $0.100
Post-IPO Shares  42,208,979 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
CIBC World Markets Co-manager (212) 667-7400
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data       12/31/1997 12/31/1998    
Revenues   - - - 0.000 4.905 - -
Income from Oper.   - - - -0.158 -9.848 - -
Net Income   - - - -0.158 -9.710 - -
E.P.S   - - - -0.050 -1.100 - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -6.00 - -
Cash Flow - Inv.     -17.92 - -
Cash Flow - Fin.     29.82 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    27.22 Current Assets    8.26 Current Ratio    1.83
Total Liab.    4.50 Current Liab.    4.50 Debt Ratio    16.54%
Total Equity    22.72 Working Cap.    3.76 Debt to Equity Ratio    0.20
Cash    6.81    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for acquisitions, increased sales and marketing activities, capital expenditures including the build-out of data centers, repayment of a promissory note assumed in connection with the acquisition of Interliant Texas, working capital and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Dewey Ballantine
Bank's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Auditor  Ernst & Young
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Last updated: 09/29/1999 3:51:34 AM
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