META Group Inc. announces filing of registration statement for initial public offering.

STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 6, 1995--META Group Inc. (proposed NASDAQ/NMS:METG) announced today that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of 2,400,000 shares of common stock.

The offering price is anticipated to be between $12 and $14 per share. Of the 2,400,000 shares being offered, 1,500,000 shares will be sold by the company and 900,000 shares will be sold by selling stockholders. In addition, the company has granted the underwriters an option to buy up to an additional 360,000 shares to cover over-allotments, if any. The offering will be managed by Robertson, Stephens & Co. L.P., Donaldson, Lufkin & Jenrette Securities Corp. and First Albany Corp.

The net proceeds to the company from the offering will be used for general corporate purposes, including working capital and product development.

META Group is a leading independent market assessment company providing research and analysis of developments and trends in the computer hardware, software, communications and related information technology ("IT") industries to IT users and vendors.

IT user organizations utilize META Group's research, analysis and recommendations to develop and employ cost-effective strategies for selecting, financing and implementing timely IT solutions. IT vendors use META Group's services for help in product positioning, marketing and market planning, as well as for internal IT decision making.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.

Copies of the preliminary prospectus relating to the offering may be obtained from Robertson, Stephens & Co. L.P., 555 California St., Suite 2600, San Francisco, CA 94104, 415/781-9700; Donaldson, Lufkin & Jenrette Securities Corp., 140 Broadway, New York, NY 10005, 212/504-4530; and First Albany Corp., 41 State Street, Albany, NY 12207, 518/447-8500.

CONTACT: META Group Inc.

Bernard F. Denoyer, 203/973-6700