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Buildnet Files Registration Statement for Proposed Initial Public Offering.


Business Editors

DURHAM, N.C.--(BUSINESS WIRE)--March 20, 2000

BuildNet, Inc. announced today that it filed a Registration Statement with the Securities and Exchange Commission relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the proposed $200,000,000 initial public offering of its common stock. All the shares of common stock will be sold by BuildNet.

BuildNet is developing the BuildNet Exchange to provide secure Internet-based procurement, e-commerce and information services See Information Systems.  for homebuilders, suppliers and manufacturers. BuildNet is a provider of builder and supplier management software to the residential construction industry.

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.  will act as the lead manager of the offering. Robertson Stephens, Salomon Smith Barney and 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.  will act as the co-managers. A preliminary prospectus Preliminary Prospectus

A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders
, when available, may be obtained directly from Credit Suisse First Boston Corporation, Eleven Madison Avenue, 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 10010-3629 (telephone number (212) 325-2580).

A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 20, 2000
Words:237
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