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Digital Commerce Corporation
575 Herndon Parkway, Herndon, VA 20170 * (703) 456-6500
Business Description The company is a leading provider of business-to-government e-commerce solutions for the procurement of products and services.
Filing
Information

Not yet
public

To Trade As  DCCN (NASNTL) Industry  Service (SIC 7389)
Type of Stock Offered Common Shares Filing Date  5/2/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $100,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Deutsch Banc Alex. Brown Lead Manager (410) 727-1700
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
Robertson, Stephens & Company Co-manager (415) 989-8500
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data     12/31/97 12/31/98 12/31/99 3/31/99 3/31/00
Revenues   - - 0.518 1.375 1.437 0.241 1.599
Income from Oper.   - - -5.717 -11.386 -14.738 -2.490 -9.189
Net Income   - - -6.192 -8.597 -16.093 -2.676 -9.490
E.P.S   - - -11.860 -5.870 -3.310 -0.610 -1.230
Revenue Growth (%)      - - 165.44 4.509   563.49
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     - -1.98 -5.60
Cash Flow - Inv.     - -0.22 -1.45
Cash Flow - Fin.     - -0.21 44.80
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/00 Financial Ratios
Total Assets    48.10 Current Assets    43.90 Current Ratio    -
Total Liab.    58.86 Current Liab.    - Debt Ratio    122.35%
Total Equity    -10.75 Working Cap.    32.80 Debt to Equity Ratio    -
Cash    41.46    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes principally additional sales and marketing expenses, investing in technology and working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Winstead Sechrest & Minick
Bank's Law Firm  Fulbright & Jaworski
Auditor  Ernst & Young
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Weston Presidio Capital III, L.P. 24.90  
Highland Capital Partners V Limited Partnership 24.90  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:15 AM
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