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Integrity Software, Inc.
Camden Lock, South Dock Road, Dublin, Ireland
Business Description The company is a Dublin based software company that develops, markets, implements and supports web-enabled, enterprise-wide software applications for smaller to mid-sized organizations in the distribution and contracting industries.
Filing
Information

Not yet
public

To Trade As  INTY (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered Common Shares Filing Date  3/24/00
Domestic Shares Filed 3,000,000 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $0
Company Shares  3,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  16,957,808
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Needham & Company Lead Manager (212) 705-0344
A.G. Edwards & Sons, Inc. Co-manager (314) 955-3039
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 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99    
Revenues   4.755 2.776 2.002 10.403 49.158 - -
Income from Oper.   0.113 0.114 0.064 0.757 -2.771 - -
Net Income   0.071 0.073 0.045 0.640 -2.387 - -
E.P.S   3.550 3.650 0.190 0.320 -0.210 - -
Revenue Growth (%)      -41.62 -27.88 419.63 372.537   -
Net Income Growth (%)      2.82 -38.36 1,322.22 -   -
Oper. Profit Margin (%)    2.38 4.11 3.20 7.28 - - -
Net Profit Margin (%)    1.49 2.63 2.25 6.15 - - -
Cash Flow - Oper.     2.96 - -
Cash Flow - Inv.     -4.20 - -
Cash Flow - Fin.     2.17 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    15.36 Current Assets    7.24 Current Ratio    0.80
Total Liab.    9.21 Current Liab.    9.01 Debt Ratio    59.98%
Total Equity    6.15 Working Cap.    -1.76 Debt to Equity Ratio    1.50
Cash    1.07    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used to finance research and development activities, as well as potential future acquisitions and for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Clifford Chance
Bank's Law Firm  Heller, Ehrman, White & McAuliffe
Registrar/Transfer Agent  Interwest Transfer Company
Auditor  BDO Simpson Xavier
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Kielduff Investments Limited 11.00  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:36 AM
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