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Onsite Access, Inc.
1372 Broadway, New York, NY 10018 * (212) 324-1500
Business Description The company provides comprehensive communications solutions for small and medium-sized business customers in multi-tenant commercial office buildings.
Filing
Information

Not yet
public

To Trade As  OSAX (NASNTL) Industry  Telecommunications (SIC 4813)
Type of Stock Offered Common Shares Filing Date  12/15/99
Domestic Shares Filed 16,670,000 Filing Range  $11.00 - $13.00
Foreign Shares Filed  0 Offering Amount  $200,040,000
Company Shares  16,670,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Salomon Smith Barney Lead Manager (212) 723-7300
CIBC World Markets Co-manager (212) 667-7400
J.P. Morgan & Co. Co-manager (212) 648-0517
Thomas Weisel Partners LLC Co-manager (415) 364-2500
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data     12/31/96 12/31/97 12/31/98 9/30/98 9/30/99
Revenues   - - 0.020 0.348 0.944 0.590 2.317
Income from Oper.   - - -0.058 -1.056 -4.534 -3.153 -16.345
Net Income   - - -0.061 -1.120 -4.928 -3.374 -18.171
E.P.S   - - -0.020 -0.330 -1.190 -1.080 -4.060
Revenue Growth (%)      - - 1,640.00 171.264   292.71
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -3.34 -2.12 -10.88
Cash Flow - Inv.     -1.24 -0.89 -10.91
Cash Flow - Fin.     5.38 3.05 39.45
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    37.22 Current Assets    19.72 Current Ratio    3.81
Total Liab.    48.06 Current Liab.    5.17 Debt Ratio    129.13%
Total Equity    -10.84 Working Cap.    14.55 Debt to Equity Ratio    -
Cash    18.58    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used to fund continued deployment of our network services in existing markets, as well as a planned rollout into additional markets, continued development of sales, marketing and infrastructure activities and for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Fried, Frank, Harris, Shriver & Jacobson
Bank's Law Firm  Cravath, Swaine & Moore
Auditor  Ernst & Young
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Reckson Service Industries, Inc. 36.20  
Spectrum Equity Investors III, L.P. 15.10  
J.P. Morgan Investment Corporation 10.70  
Crosspoint Venture Partners 10.70  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 2/13/00 11:38:58 PM
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