Louisville, Colo.

Went public 7/25/2000 at $8 per share

Filing Range: 7 mil. shares @ $8 to $10

Shares Outstanding: 46.7 mil. shares

Underwriters: Salomon Smith Barney/Robertson Stephens/

Thomas Weisel Partners LLC/CIBC World Markets

Company Counsel: Cooley Godward LLP

Manager Counsel: Cravath, Swaine & Moore

Auditor: KPMG LLP

The Company:

Manages and delivers audio/video content over the Internet. The company supports its customers through two primary services: video-on-demand by way of the Internet, a dial-in PPP connection, and Video Codec; and live simulcast via the Internet.

Venture Backers:

Centennial Ventures

Softbank Venture Capital

GE Capital Equity Capital Group

Matsushita Electric Corp. of America

Panasonic Ventures


Intel Corp.

Nexus Group LLC

Pequot Capital Management Inc.

Viventures Inc.

Highland Capital Partners

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 09/01/1997 2 Early Stage 1000.0

2 11/11/1997 2 Early Stage 1000.0

3 06/05/1998 4 Early Stage 10400.0

4 11/18/1999 12 Expansion 99999.8

5 12/15/1999 1 Expansion 7976.0


(Data in $ millions)



Total Revenues: $2.2

Net Income: -10.9