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Neopoint, Inc.
4225 Executive Square, Suite 600, La Jolla, CA 92037 * (858) 280-2800
Business Description The company is a leading provider of advanced SmartPhones and intelligent mobile portal services of wireless devices.
Filing
Information

Not yet
public

To Trade As  NEOI (NASNTL) Industry  Telecommunications (SIC 3663)
Type of Stock Offered Common Shares Filing Date  1/11/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $75,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
Chase H&Q; Co-manager (415) 439-3626
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
U.S. Bancorp Piper Jaffray Co-manager (612) 342-6220
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       12/31/97 12/31/98 9/30/98 9/30/99
Revenues   - - - - 0.651 0.232 23.619
Income from Oper.   - - - -0.964 -7.597 -4.814 -15.700
Net Income   - - - -0.958 -7.542 -4.814 -15.528
E.P.S   - - - - -8.340 -6.580 -12.950
Revenue Growth (%)      - - - -   10,080.60
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -6.45 -4.00 -1.95
Cash Flow - Inv.     -0.46 -0.44 -1.80
Cash Flow - Fin.     16.36 5.96 6.20
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    35.99 Current Assets    30.80 Current Ratio    1.27
Total Liab.    24.28 Current Liab.    24.18 Debt Ratio    67.45%
Total Equity    11.72 Working Cap.    6.63 Debt to Equity Ratio    2.07
Cash    12.64    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes, including research and development expenditures, sales and marketing expenditures and potential acquisitions or investments.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Latham & Watkins
Bank's Law Firm  Brobeck, Phleger & Harrison
Auditor  Ernst & Young
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Transpac Capital Pte Ltd. 31.30  
LG Information & Communications, Ltd. 26.10  
Siemens Aktiengesellschaft, Information and Communication Products 19.70  
William Y. Son 10.70  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:51 AM
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