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| BackWeb Technologies Ltd. |
| 3 Abba Hillel Street, Ramat Gan, Israel 95110 |
| Business Description | The company is a leading provider of Internet communication infrastructure and applications that enable companies to manage the priority delivery of time-sensitive, business-critical information to the extended enterprise. |
| Offering Information Company has | |||
| Trading As | BWEB (NASNTL) | Industry | High-Tech (SIC 7372) |
| Type of Stock Offered | Ordinary Shares | Filing Date | 05/14/1999 |
| Domestic Shares Offered | 5,500,000 | Offer Date | 06/07/1999 |
| Foreign Shares Offered | 0 | Filing Range | $8.00 - $10.00 |
| Company Shares | 5,500,000 | Offer Price | $12.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.840 |
| Gross Proceeds | $66,000,000 | Selling | $0.500 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 35,041,640 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| BancBoston Robertson Stephens | Co-manager | (415) 989-8500 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Wit Capital Corporation | Co-manager | (212) 253-4400 |
| Use Of Proceeds |
The proceeds from the proposed offering will be used to repay debt and for general corporate purposes. |