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Landacorp, Inc.
4151 Ashford Dunwoody Rd., Suite 505, Atlanta, GA 30319 * (404) 531-9956
Business Description The company offers business-to-business e-medical management solutions to healthcare payers and providers that are designed to help our clients control the cost and improve the quality of healthcare delivery.
Offering
Information

Company has
gone public

Trading As  LCOR (NASNTL) Industry  Service (SIC 7389)
Type of Stock Offered  Common Shares Filing Date  9/20/99
Domestic Shares Offered  3,500,000 Offer Date  2/8/00
Foreign Shares Offered  0 Filing Range  $8.00 - $10.00
Company Shares  3,500,000 Offer Price  $10.00
Selling Shrhldrs Shares  0 Gross Spread  $0.700
Gross Proceeds  $35,000,000 Selling  $0.420
Expenses  - - Reallowance  $0.100
Post-IPO Shares  13,200,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Hambrecht & Quist Incorporated Lead Manager (415) 439-3626
SG Cowen Co-manager (212) 495-6000
Volpe Brown Whelan & Company Co-manager (415) 274-4463
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   - - 1.939 4.038 6.217 2.583 4.651
Income from Oper.   - - -1.697 -0.803 -1.985 -0.724 -0.953
Net Income   - - -1.897 -1.011 -1.910 -0.701 -0.904
E.P.S   - - -1.740 -0.910 -1.830 -0.660 -0.820
Revenue Growth (%)      - - 108.25 53.962   80.06
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -2.39 -2.50 0.60
Cash Flow - Inv.     -0.40 -1.93 -0.26
Cash Flow - Fin.     4.67 4.67 0.00
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    4.35 Current Assets    3.82 Current Ratio    1.14
Total Liab.    3.35 Current Liab.    3.35 Debt Ratio    77.13%
Total Equity    0.99 Working Cap.    0.46 Debt to Equity Ratio    3.37
Cash    2.37    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes, including development and implementation of new applications; enhancing our sales and marketing organization; and possible strategic partnerships and acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Alston & Bird
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 5/29/00 12:56:42 AM
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