Great Valley, Pa.
Went public 8/4/2000 at $11 per share
Filing Range: 3 mil. shares @ $10 to $12
Shares Outstanding: 12.12 mil. shares
Underwriters: Friedman, Billings, Ramsey & Co. Inc./Stifel, Nicolaus &
Co. Inc./Janney Montgomery Scott Inc.
Company Counsel: Cozen & O’Connor
Manager Counsel: Jenkins & Gilchrist
Auditor: Arthur Andersen & Co.
Makes flight information computers, electronic displays and monitoring systems that measure critical flight information such as airspeed, altitude and engine and fuel data. Innovative Solutions and Support’s reduced vertical separation minimum (RVSM) products allow planes to fly vertically closer together on heavily traveled routes.
Mid-Atlantic Venture Funds
Churchill Investment Partners
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 08/01/1988 2 Early Stage 500.0
2 04/01/1997 1 Expansion 100.0
(Data in $ millions)
Total Revenues: $22.5
Net Income: 4.2