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DPEC, Inc.
851 West Third Street, Columbus, OH 43212 * (614) 781-7300
Business Description The company is a leading provider of web-based training sources and services designed to meet the needs of businesses, government agencies, non-profit organizations and individual consumers worldwide.
Filing
Information

Not yet
public

To Trade As  DPEC (NASNTL) Industry  Internet (SIC 7371)
Type of Stock Offered Common Shares Filing Date  09/17/1999
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $50,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Lehman Brothers Incorporated Lead Manager (212) 526-8100
J.C. Bradford & Co. Co-manager (615) 748-9347
Warburg Dillon Read LLC Co-manager (203) 719-4290
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     12/31/1996 12/31/1997 12/31/1998 06/30/1998 06/30/1999
Revenues   - - 6.845 7.881 11.000 4.851 6.398
Income from Oper.   - - - - - - -
Net Income   - - -0.355 0.180 1.424 0.816 -0.076
E.P.S   - - -9.870 5.670 42.740 24.810 -2.260
Revenue Growth (%)      - - 15.14 39.576   31.89
Net Income Growth (%)      - - - 691.11   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - 2.28 12.95 - 16.82
Cash Flow - Oper.     2.03 0.54 -0.12
Cash Flow - Inv.     -0.30 -0.08 -0.38
Cash Flow - Fin.     0.10 -0.45 -0.43
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 06/30/1999 Financial Ratios
Total Assets    3.69 Current Assets    3.00 Current Ratio    1.27
Total Liab.    5.23 Current Liab.    2.36 Debt Ratio    141.55%
Total Equity    -1.53 Working Cap.    0.64 Debt to Equity Ratio    -
Cash    0.90    Return on Assets   38.57%
Use Of
Proceeds
The proceeds from the proposed offering will be used to expand our business and pay our debt.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Vorys Sater Seymour Pease
Bank's Law Firm  Weil, Gotshal & Manges
Auditor  Deloitte & Touche
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Last updated: 09/29/1999 3:51:09 AM
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