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Idea Integration Corp.
One Independent Drive, Jacksonville, FL 32202 * (904) 360-2700
Business Description The company is a leading, full-service e-business solutions provider primarily to Fortune 1000 and middle market companies. Services include e-business strategy consulting, creative design, Web branding, and development and implementation of e-business software applications.
Filing
Information

Not yet
public

To Trade As  IDEA (NASNTL) Industry  High-Tech (SIC 7373)
Type of Stock Offered Common Shares Filing Date  8/11/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $90,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Being spun off from  MPS
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Robertson, Stephens & Company Lead Manager (415) 989-8500
Banc of America Securities LLC Co-manager (415) 627-2100
Legg Mason Wood Walker, Inc. Co-manager (410) 539-4038
Robinson-Humphrey Company, Inc., The Co-manager (404) 266-6450
SG Cowen Co-manager (212) 495-6000
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data     12/31/97 12/31/98 12/31/99 6/30/99 6/30/00
Revenues   - - 53.677 114.411 168.158 81.273 113.335
Income from Oper.   - - -9.462 17.775 26.540 13.077 5.611
Net Income   - - 5.403 9.631 14.643 7.239 2.161
E.P.S   - - 0.130 0.220 0.340 0.170 0.050
Revenue Growth (%)      - - 113.15 46.977   39.45
Net Income Growth (%)      - - 78.25 52.04   -70.15
Oper. Profit Margin (%)    - - - 15.54 15.78 4.95 16.09
Net Profit Margin (%)    - - 10.07 8.42 8.71 1.91 8.91
Cash Flow - Oper.     17.58 3.71 1.19
Cash Flow - Inv.     -4.52 -14.94 -71.89
Cash Flow - Fin.     19.82 14.20 70.93
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/00 Financial Ratios
Total Assets    336.96 Current Assets    55.89 Current Ratio    0.83
Total Liab.    77.26 Current Liab.    67.73 Debt Ratio    22.93%
Total Equity    259.70 Working Cap.    -11.84 Debt to Equity Ratio    0.30
Cash    5.05    Return on Assets   0.64%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including hiring additional personnel, strategic acquisitions and investments, working capital, and to repay indebtedness to MPS.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Lebdeuf, Lamb, Greene & Macrae
Bank's Law Firm  Brobeck, Phleger & Harrison
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 8/20/00 7:02:47 PM
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