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Chaparral Network Storage, Inc.
1951 South Fordham Street, Longmont, CO 80503 * (303) 684-3200
Business Description The company is a leading provider of high performance products that facilitate the movement of data between networked storage devices.
Filing
Information

Not yet
public

To Trade As  CHAP (NASNTL) Industry  High-Tech (SIC 3577)
Type of Stock Offered Common Shares Filing Date  3/8/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $60,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
Needham & Company Co-manager (212) 705-0344
Salomon Smith Barney Co-manager (212) 723-7300
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       12/31/98 12/31/99 12/31/98 12/31/99
Revenues   - - - 0.000 0.237 0.143 6.296
Income from Oper.   - - - -0.035 -3.623 -2.021 -4.425
Net Income   - - - -0.035 -3.695 -2.021 -4.710
E.P.S   - - - - -1.400 -2.020 -0.500
Revenue Growth (%)      - - - -   4,302.80
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -2.91 -1.70 -4.85
Cash Flow - Inv.     -0.09 -0.04 -0.34
Cash Flow - Fin.     2.31 1.92 24.64
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    24.90 Current Assets    24.34 Current Ratio    9.18
Total Liab.    2.65 Current Liab.    2.65 Debt Ratio    10.64%
Total Equity    22.25 Working Cap.    21.69 Debt to Equity Ratio    0.12
Cash    19.68    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes including expenditures for research and development, sales and marketing efforts and potential acquisitions of or investments in complementary businesses, technologies or products.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Davis, Graham & Stubbs
Bank's Law Firm  Morrison & Foerster
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  KPMG LLC
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Harvest Storage Technology Group LLC 24.40  
William R. Childs 10.10  
Adaptec, Inc. 9.10  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:08 AM
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