@Road Announces Initial Public Offering At $9 Per Share.Business Editors & High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Sept. 29, 2000 @Road(SM) (Nasdaq:ARDI ARDI Association Rwandaise pour la Promotion du Développement Intégré (French) ARDI Accounts Receivable Dollar Inventory ARDI Action Rwandaise pour le Developpement Integre ARDI Annually Renewable Disability Income ) Friday announced the initial public offering of 7 million shares of its common stock at a price of $9 per share. The shares are being offered through an underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. led by Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , Chase H&Q and U.S. Bancorp Piper Jaffray. @Road has granted the underwriters an option to purchase up to 1,050,000 additional shares of common stock to cover over-allotments, if any. A copy of the prospectus may be obtained from Credit Suisse First Boston Corp., Eleven Madison Avenue, Attn: Prospectus Dept., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10010-3629. About @Road Based in Fremont, @Road is an Internet information services See IIS. company that provides location-enhanced wireless Internet solutions for mobile commerce. Its technology platform combines wireless, positioning and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. technologies with the Internet into a fully integrated network that supports the delivery of location-enhanced wireless Internet services for businesses, mobile professionals and consumers. A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This news release shall not constitute an offer to sell or the solicitation to buy, nor shall there by any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Note to Editors: @Road and the @Road logo are trademarks and/or service marks of At Road Inc. |
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