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ArrowPoint Communications, Inc.
50 Nagog Park, Acton, MA 01720 * (978) 206-3000
Business Description The company provides intelligent Web switches that enable their customers to deploy a global Web network architecture to optimize e-commerce transactions and the delivery of web content.
Offering
Information

Company has
gone public

Trading As  ARPT (NASNTL) Industry  High-Tech (SIC 3571)
Type of Stock Offered  Common Shares Filing Date  1/27/00
Domestic Shares Offered  5,000,000 Offer Date  3/30/00
Foreign Shares Offered  0 Filing Range  $30.00 - $32.00
Company Shares  5,000,000 Offer Price  $34.00
Selling Shrhldrs Shares  0 Gross Spread  $2.380
Gross Proceeds  $170,000,000 Selling  $1.420
Expenses  - - Reallowance  $0.100
Post-IPO Shares  32,220,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
J.P. Morgan & Co. Co-manager (212) 648-0517
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data     12/31/97 12/31/98 12/31/99    
Revenues   - - - 0.201 12.377 - -
Income from Oper.   - - - - - - -
Net Income   - - -2.856 -9.447 -12.606 - -
E.P.S   - - -11.360 -6.260 -3.990 - -
Revenue Growth (%)      - - - 6,057.711   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -9.39 - -
Cash Flow - Inv.     -3.60 - -
Cash Flow - Fin.     19.38 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    23.21 Current Assets    18.88 Current Ratio    2.21
Total Liab.    43.06 Current Liab.    8.53 Debt Ratio    185.58%
Total Equity    -19.86 Working Cap.    10.35 Debt to Equity Ratio    -
Cash    10.73    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including funding expansion of product development and sales and marketing activities and working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Hale and Dorr
Bank's Law Firm  Ropes & Gray
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Matrix Partners 26.31  
North Bridge Venture Partners 19.12  
Chin-Cheng Wu 8.84  
Accel Partners 8.31  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:55:58 AM
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