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Quest Software, Inc.
610 Newport Center Drive, Newport Beach, CA 92660 * (949) 720-1434
Business Description The company is a leading provider of application and information availability software solutions that enhance the performance and reliability of an organization's e-business, packaged and custom applications and enable the delivery of information across the extended enterprise.
Offering
Information

Company has
gone public

Trading As  QSFT (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered  Common Shares Filing Date  06/11/1999
Domestic Shares Offered  4,400,000 Offer Date  08/13/1999
Foreign Shares Offered  0 Filing Range  $12.00 - $14.00
Company Shares  4,400,000 Offer Price  $14.00
Selling Shrhldrs Shares  0 Gross Spread  $0.980
Gross Proceeds  $61,600,000 Selling  $0.590
Expenses  - - Reallowance  $0.100
Post-IPO Shares  38,124,600 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
BancBoston Robertson Stephens Lead Manager (415) 989-8500
CIBC World Markets Co-manager (212) 667-7400
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
FAC/Equities Co-manager (518) 447-8641
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data 12/31/1994 12/31/1995 12/31/1996 12/31/1997 12/31/1998 03/31/1998 03/31/1999
Revenues   5.686 9.524 12.862 18.315 34.790 7.043 12.814
Income from Oper.   0.037 2.335 -0.372 1.448 3.689 1.435 1.416
Net Income   0.017 2.358 0.016 0.289 2.346 0.868 0.883
E.P.S   - 0.120 - 0.010 0.050 0.020 0.020
Revenue Growth (%)      67.50 35.05 42.40 89.954   81.94
Net Income Growth (%)      13,770.59 -99.32 1,706.25 711.76   1.73
Oper. Profit Margin (%)    0.65 24.52 - 7.91 10.60 11.05 20.37
Net Profit Margin (%)    0.30 24.76 0.12 1.58 6.74 6.89 12.32
Cash Flow - Oper.     8.18 1.54 4.40
Cash Flow - Inv.     -1.29 -0.35 -0.88
Cash Flow - Fin.     -0.01 - 0.00
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    22.47 Current Assets    19.87 Current Ratio    1.20
Total Liab.    16.56 Current Liab.    16.56 Debt Ratio    73.70%
Total Equity    5.91 Working Cap.    3.31 Debt to Equity Ratio    2.80
Cash    12.50    Return on Assets   3.93%
Use Of
Proceeds
The proceeds from the proposed offering will be used to redeem all outstanding shares of our Series B Redeemable Preferred Stock, to repay indebtedness and for general corporate purposes including working capital, expanding our sales and marketing efforts, product development, expanding our customer support organization, possible acquisitions and capital expenditures.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Registrar/Transfer Agent  U. S. Stock Transfer Corporation
Auditor  Deloitte & Touche
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Last updated: 09/29/1999 3:52:15 AM
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