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XIRCOM FILES FOR INITIAL PUBLIC OFFERING OF 3,000,000 SHARES OF COMMON STOCK

 XIRCOM FILES FOR INITIAL PUBLIC OFFERING OF
 3,000,000 SHARES OF COMMON STOCK
 CALABASAS, Calif., Feb. 13 /PRNewswire/ -- Xircom, Inc., announced today that it has filed a registration statement with the Securities and Exchange Commission with respect to a proposed initial public offering of 3,000,000 shares of common stock. The offering price of the stock is expected to be between $10 and $12 per share. The offering will be managed by Morgan Stanley & Co. Incorporated and Hambrecht & Quist Incorporated.
 The company will offer 2,000,000 shares to the public and certain of its stockholders will offer 1,000,000 shares. The U.S. underwriters will offer 2,400,000 shares in the United States and Canada, and the international underwriters will offer 600,000 shares. The net proceeds to the company will be used for working capital and general corporate purposes, and to repay outstanding indebtedness.
 Xircom designs, develops, manufactures, markets and supports easy- to-use networking and connectivity products that extend networks to computer users who previously could not readily connect to local area networks. The company is the leading supplier of external LAN adapters, which connect portable and desktop PCs to a LAN through the universal PC parallel port. The company has sold over 150,000 external LAN adapters to date. The company recently expanded its product line by introducing Network Simplicity, a product which provides in one package all the principal components necessary to easily implement a LAN.
 Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, NY 10020, or Hambrecht & Quist Incorporated, One Bush St., San Francisco, CA 94104.
 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 sales 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.
 -0- 2/13/92
 /CONTACT: Wallace B. Jones of Xircom, 818-878-7600/ CO: Xircom, Inc. ST: California IN: CPR SU: OFR


GK -- NY020 -- 9607 02/13/92 09:44 EST
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Publication:PR Newswire
Date:Feb 13, 1992
Words:406
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