Blue Martini Software Announces Initial Public Offering.Business Editors SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--July 25, 2000 Blue Martini Software Blue Martini Software (Blue Martini Software, Inc.) was a privately held software manufacturer and professional services provider based in San Mateo, California that sells and supports an eponymous e-commerce enterprise application that supports sales online, by phone, and at the , Inc, (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BLUE) today announced an initial public offering of 7,500,000 shares of common stock at a price of $20 per share 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. co-managed by Goldman, Sachs & Co, Dain Rauscher Wessels, Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and U.S. Bancorp Piper Jaffray. The company has granted the underwriters an option to purchase up to 1,125,000 additional shares of common stock to cover over-allotments. All of the shares are being offered by Blue Martini Software. The shares will trade on the Nasdaq National Market under the symbol "BLUE". A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. A copy of the prospectus relating to the offering and meeting the requirements of the Securities Act of 1933 may be obtained from Goldman Sachs & Co., Prospectus Department, 85 Broad Street, 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 , New York 10004. Blue Martini Software provides software and services that enable companies to build brand equity through direct customer interaction across Internet-based customer "touch points" such as websites, mobile wireless devices and on-line trading exchanges and traditional customer touch points, such as stores and call centers. This press release may contain forward-looking statements. Such statements are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to in such statements. These risks are identified in Blue Martini Software's registration statement on Form S-1 (Registration No. 333-36062) filed with the Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion