Inc. –

NEW YORK – Inc., a provider of online investment services, went public March 17, offering 3 million shares of common stock. The stock priced at $14, above the company’s $11 to $13 filing range.

BancBoston Robertson Stephens Inc., CIBC Oppenheimer and Dain Rauscher Wessels were lead underwriters, leaving 21 million shares outstanding.

There were no selling shareholders. Venture investors include Chase Venture Capital Associates, Euclid Partners, America Online Inc. Investments, Rader Reinfrank Investors, Reuters America Inc., 77 Capital Partners, Softbank Ventures Inc. and Venture Fund I.

Founded April 1993, facilitates timely exchange of investment research and information between individuals, institutional investors, investment banks and brokerage firms. The company’s product line includes MultexNET, MultexEXPRESS, Multex Research-On-Demand and Multex Investor Network. The company’s clients include Fidelity Capital Markets, GE Capital, Hewlett-Packard and T. Rowe Price.

Multex has never been profitable and has incurred loses of $6.4 million in 1996, $8.0 million in 1997 and $9.7 million in 1998.

Proceeds from the offering, estimated at $42 million, will be used to boost the company’s sales and marketing efforts, expand its international operations and general corporate purposes.

Milton Pappas, chairman of Euclid Partners Corp., served as director from November 1993 to March 1994, resuming his duties in July 1996. Robert Greene, general partner of Chase Capital Partners, joined the board in July 1996. Peter LaBonte, vice president of Reuters Limited, and Lennert Leader, President of America Online Inc. Investments, have served as directors since April 1998 and December 1998, respectively. Herbert Skeete became a director in March 1999. Inc.- Selected Financial

(in thousands, except per share data)

Year Ended December 31,

1996 1997 1998

Revenue 2,647 6,014 13,182

Net loss -6,410 -8,037 -9,743

Pro forma net loss per share 0 0 -0.55