Tel Aviv, Israel
Went public 3/23/2000 at $20 apiece
Filing Range:4.5 mil. shares @ $15 to $17
Shares Outstanding:23.65 mil. shares
Underwriters:CIBC World Markets
Dain Rauscher Wessels/US Bancorp Piper Jaffray
(Data in $ millions)
Total Revenue $33.01 $44.75
Net Loss -2.3 -3.63
BreezeCOM develops, manufactures and markets wireless access products. The compay’s products enable indoor and outdoor, fixed and mobile, wireless connectivity to a local area computer network, and other types of network structures. As well the company offers wireless broadband solutions for voice and Internet connections. The company currently manufacturers and sells the BreezeNET product line for wireless LANs; the BreezeLINK product line for wireless point to backbone connectivity; and the BreezeACCESS family of point to multi-point wireless Internet access and broadband wireless local loop products. BreezeCOM intends to concentrate on the wireless Internet access, wireless LAN and broadband wireless local loop solutions markets for business enterprises as well as public access providers, including local exchange carriers and ISPs. Founded in 1993, BreezeCOM has approximately 270 employees, with subsidiaries in the U.S., United Kingdom, France, China and Uruguay.
The company will use the proceeds generated by this offering for marketing, distribution and research and development. Additional proceeds may be used for aquisitions.
Star Ventures, HM Investments LP, Clal Ltd., Warburg, Pincus Ventures Inc., Weiss, Peck & Greer Venture Partners LP
Ing. Meir Barel