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QuickLogic Corporation
1277 Orleans Drive, Sunnyvale, CA 94089 * (408) 990-4000
Business Description The company develops, markets and supports advanced field programmable gate array semiconductors, or FPGAs, and associated software tools.
Offering
Information

Company has
gone public

Trading As  QUIK (NASNTL) Industry  High-Tech (SIC 3674)
Type of Stock Offered  Common Shares Filing Date  8/10/99
Domestic Shares Offered  6,667,000 Offer Date  10/14/99
Foreign Shares Offered  0 Filing Range  $8.00 - $10.00
Company Shares  3,333,500 Offer Price  $10.00
Selling Shrhldrs Shares  3,333,500 Gross Spread  $0.700
Gross Proceeds  $66,670,000 Selling  $0.420
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Robertson, Stephens & Company Lead Manager (415) 989-8500
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
SoundView Financial Group, Inc. Co-manager (203) 462-7242
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data     12/31/96 12/31/97 12/31/98 6/30/98 6/30/99
Revenues   - - 23.758 28.460 30.007 14.078 18.425
Income from Oper.   - - -3.897 -33.920 0.042 -0.305 0.900
Net Income   - - -3.597 -33.648 0.245 -0.189 0.987
E.P.S   - - -4.660 -10.410 0.060 -0.050 0.230
Revenue Growth (%)      - - 19.79 5.436   30.88
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - 0.14 4.88 -
Net Profit Margin (%)    - - - - 0.82 5.36 -
Cash Flow - Oper.     2.32 1.72 2.29
Cash Flow - Inv.     -0.68 -0.17 -1.03
Cash Flow - Fin.     -1.38 -1.46 -0.66
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    19.41 Current Assets    16.20 Current Ratio    0.86
Total Liab.    19.10 Current Liab.    18.94 Debt Ratio    98.44%
Total Equity    0.30 Working Cap.    -2.74 Debt to Equity Ratio    63.26
Cash    8.19    Return on Assets   5.09%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes principally working capital, and payment of an outstanding settlement obligation.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Orrick, Herrington & Sutcliffe
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 10/24/99 8:35:38 PM
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