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Silicon Energy Corp.
1010 Atlantic Avenue, Alameda, CA 94501 * (510) 263-2600
Business Description The company develops and sells Internet-based energy technology software that enables enterprises to reduce energy costs and related expenditures.
Filing
Information

Not yet
public

To Trade As  SLCN (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered Common Shares Filing Date  6/14/2001
Domestic Shares Filed 5,500,000 Filing Range  $8.00 - $10.00
Foreign Shares Filed  0 Offering Amount  $49,500,000
Company Shares  5,500,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  29,392,474
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
CIBC World Markets Co-manager (212) 667-7400
Lehman Brothers Incorporated Co-manager (212) 526-8100
Stephens Inc. Co-manager (501) 377-2130
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     12/31/1998 12/31/1999 12/31/2000 3/31/2000 3/31/2001
Revenues   - - 0.019 0.520 6.148 0.650 4.314
Income from Oper.   - - -1.529 -7.196 -28.539 -3.880 -6.779
Net Income   - - -1.548 -7.582 -30.148 -4.146 -7.373
E.P.S   - - -1.620 -3.090 -6.380 -0.970 -1.110
Revenue Growth (%)      - - 2,636.84 1,082.308   563.69
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -27.78 -3.93 -7.10
Cash Flow - Inv.     -15.79 -0.29 8.23
Cash Flow - Fin.     29.67 0.31 -1.47
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/2001 Financial Ratios
Total Assets    27.21 Current Assets    19.19 Current Ratio    1.51
Total Liab.    60.84 Current Liab.    12.74 Debt Ratio    223.59%
Total Equity    -33.63 Working Cap.    6.45 Debt to Equity Ratio    -
Cash    6.16    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including sales and marketing expenses, research and development and development of software, general and administrative expenses and working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Simpson, Thacher & Bartlett
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  Pricewaterhouse Coopers LLC
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
JMI Equity Fund affiliated entities 17.40  
Integral Capital Partners affiliated entities 10.10  
Stephens Group affiliated entities 8.90  
Red Rock Ventures 7.10  
GE Capital Equity Investment, Inc. 6.80  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 9/14/2001 2:48:07 PM
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