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Tality Corporation
2655 Seely Avenue, Building 9, San Jose, CA 95134 * (408) 943-1234
Business Description The Company is a leading global provider of innovative engineering services for the design of complex electronic systems and integrated circuits, or chips.
Filing
Information

IPO has been
postponed

To Trade As  TLTY (NASNTL) Industry  High-Tech (SIC 7373)
Type of Stock Offered Class A Common Shares Filing Date  7/17/00
Domestic Shares Filed 12,750,000 Filing Range  $10.00 - $12.00
Foreign Shares Filed  0 Offering Amount  $140,250,000
Company Shares  12,750,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  15,120,000
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
Lehman Brothers Incorporated Co-manager (212) 526-8100
SG Cowen Co-manager (212) 495-6000
UBS Warburg LLC Co-manager  
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 12/30/95 12/28/96 1/3/98 1/2/99 1/1/00 4/3/99 4/1/00
Revenues   47.249 88.400 90.690 105.262 128.873 26.825 43.027
Income from Oper.   -19.258 -31.080 -60.677 -149.835 -60.317 -18.863 -12.505
Net Income   -19.457 -31.609 -61.234 -151.260 -62.253 -19.506 -12.957
E.P.S   - - - - - - -
Revenue Growth (%)      87.09 2.59 16.07 22.431   60.40
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -55.37 -22.46 -18.00
Cash Flow - Inv.     -50.87 -5.64 -10.52
Cash Flow - Fin.     106.24 28.10 28.52
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 4/1/00 Financial Ratios
Total Assets    153.91 Current Assets    66.64 Current Ratio    2.10
Total Liab.    35.59 Current Liab.    31.68 Debt Ratio    23.12%
Total Equity    118.32 Working Cap.    34.96 Debt to Equity Ratio    0.30
Cash    29.12    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general partnership purposes, including working capital, capital expenditures, sales and marketing activities and potential acquisitions and investments.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Gibson, Dunn & Crutcher
Bank's Law Firm  Sullivan & Cromwell
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Cadence Design Systems, Inc. 98.10  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 10/14/00 4:17:44 PM
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