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Optical Access, Inc.
20415 Nordhoff Street, Chatsworth, CA 91311 * (818) 407-1801
Business Description The company designs, manufactures and markets an optical wireless solution that delivers high-speed communications traffic to the portion of the communications network commonly known as the last mile, which extends from the end user to the service provider's central office.
Filing
Information

Not yet
public

To Trade As  OPXS (NASNTL) Industry  High-Tech (SIC 3674)
Type of Stock Offered Common Shares Filing Date  10/6/00
Domestic Shares Filed 5,000,000 Filing Range  $11.00 - $13.00
Foreign Shares Filed  0 Offering Amount  $60,000,000
Company Shares  5,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Being spun off from  MRV, Inc.
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Bear, Stearns & Co. Inc. Lead Manager (212) 272-4850
CIBC World Markets Co-manager (212) 667-7400
First Security Van Kasper Co-manager (415) 954-0650
U.S. Bancorp Piper Jaffray Co-manager (612) 342-6220
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       12/31/98 12/31/99 6/30/99 6/30/00
Revenues   - - - 0.000 8.473 1.735 7.918
Income from Oper.   - - - -3.213 -2.313 -2.127 -6.917
Net Income   - - - -3.213 -2.313 -2.127 -6.932
E.P.S   - - - - - - -
Revenue Growth (%)      - - - -   356.37
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -4.48 -3.21 0.27
Cash Flow - Inv.     -0.92 -0.35 -0.20
Cash Flow - Fin.     5.55 3.67 0.11
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/00 Financial Ratios
Total Assets    39.69 Current Assets    6.29 Current Ratio    1.42
Total Liab.    5.46 Current Liab.    4.44 Debt Ratio    13.75%
Total Equity    34.24 Working Cap.    1.86 Debt to Equity Ratio    0.16
Cash    0.32    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for product development, working capital and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Kirkpatrick & Lockhart
Bank's Law Firm  Paul, Hastings, Janofsky & Walker
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
MRV, Inc.    
Note: represents ownership of 5% or more prior to the offering.

Last updated: 11/26/00 11:25:09 PM
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