IPOs/Recent Issues – EPRISE –

Framingham, Mass.

Went public 3/24/2000 at $15 apiece

Filing Range:4 mil. shares @ $12 to $14

Shares Outstanding:22.94 mil. shares

Underwriters:Deutsche Banc Alex. Brown

Dain Rauscher Wessels/Wit SoundView

FINANCIALS

(Data in $ millions)

Y/E Y/E

12/98 12/99

Total Revenue $.81 $3.66

Net Loss -5.26 -6.41

The Company:

Eprise develops software products and services enabling businesses to maintain, update, expand and manage the information contained on their Web sites. The company’s core product, Eprise Participant Server, enables a business organization to distribute Web content management function among the appropriate individuals within the enterprise who are charged with particular aspects of the Web business. These individuals need no knowledge of programming languages or other technical skills to use Eprise Participant Server, thereby minimizing a customer’s reliance on information technology professionals and consultants. Eprise Participant Server, however, ensures that changes to Web content are carefully managed through rules contained in the software which govern Web content access and approval rights. To date, the company has licensed Eprise Participant Server to over 30 clients in a broad spectrum of industries, including the financial services, technology and manufacturing. For the nine months ended September 30, 1999, American Express accounted for 23% of revenue. Other customers include, Asset International, Bausch & Lomb, BP Amoco and Eastman Chemical.

Proceeds:

The company will use the proceeds generated by this offering for working capital and general corporate purposes, as well as repayment of a term note outstanding to Silicon Valley Bank in the amount of approximately $164,675.

Venture Backers:

Prism Venture Partners, Alliance Technology Ventures, Tredegar Investments Inc., Brookside Capital Investors LP, Van Wagoner Funds, Axiom Venture Partners LP, Still River Management Co. Inc.

Board Members:

Joseph Forgione

Jonathan Radoff

Edson de Castro

Deborah Bessemer

Robert Fleming

Alain Hanover

Nicholas Papantonis

Joseph Tischler