Fremont, Calif.

Went public 8/15/2000 at $8 per share

Filing Range: 6.5 mil. shares @ $10 to $12

Shares Outstanding: 59 mil. shares

Underwriters: Chase H&Q/J.P. Morgan & Co./SG Cowen Securities Corp./Wit SoundView Group Inc.

Company Counsel: Fenwick & West LLP

Manager Counsel: Gibson Dunn & Crutcher

Auditor: Pricewaterhouse Coopers LLP

The Company:

Manufactures CompactFlash and SmartMedia Cards, two types of digital film for use in digital cameras. The company also provides the ATA flash controller to a select group of companies, which enables them to manufacture and market flash memory products. The company also provides these products via the Internet.

Venture Backers:

St. Paul Venture Capital Inc.

Mellon Ventures

APV Technology Partners

GE Capital Equity Capital Group

Tech Ventures Inc.

Van Wagoner Capital Management

SunAmerica Ventures

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 05/01/1997 1 Early Stage 3000.0

2 02/01/1998 3 Later Stage 9000.0

3 01/01/1999 4 Expansion 11500.0

4 09/30/1999 7 Expansion 30169.9

5 06/30/2000 4 Later Stage 13300.0


(Data in $ millions)



Total Revenues: $29.2

Net Income: -15.3