[ Be Logo ] [ Home ][ Site Map ][ Search ][ Contact ][ Home Banner ]

Questions and Answers

Stock Information

Financial Documents

Financial News

Transfer Agent

Safe Harbor Disclosure

Executive Profiles

Board of Directors

Trademark & Copyright

|
  Be Incorporated Announces The Sale of 6,000,000 Shares of Common Stock

  For more information, contact:

Be, Inc.
Sylvie Pelaprat sylvie@be.com
+1 (650) 462-4113

CHEN PR
Shelly Eckenroth or Mary Leddy
+1 (650) 357-8749

In Europe:
Marie-Françoise Lelong-Weinberg
mflelong@beeurope.com
+33-1-55-91-7736

Be Incorporated Announces The Sale of 6,000,000 Shares of Common Stock

MENLO PARK, CA, July 20, 1999 - Be Incorporated (Nasdaq: BEOS) today announced the initial public offering of 6,000,000 shares of its Common Stock at an initial public offering price of $6.00 per share. The underwriters have an option to purchase up to an additional 900,000 shares at the initial public offering price to cover over-allotments, if any. The initial public offering is being managed by Volpe Brown Whelan & Company, LLC and Needham & Company, Inc.

Be Incorporated offers the BeOS® operating system, an operating system designed for digital media applications and Internet appliances. BeOS is capable of providing faster and more predictable processing times for digital media applications than traditional desktop operating systems. BeOS can run on a wide range of devices including Internet appliances, desktop PCs and high-performance multiprocessor workstations. BeOS is promoted through relationships with OEMs, applications developers, consumer electronic manufacturers and Internet service and content providers.

A prospectus relating to the offering may be obtained from Volpe Brown Whelan & Company, LLC at One Maritime Plaza, 5th Floor, San Francisco, CA 94111; or Needham & Company, Inc. at 3000 San Hill Road, Building 2, Suite 190, Menlo Park, CA 94025.

A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of the 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.

The statements contained in this Press Release may contain "forward-looking statements". Actual events or results may differ materially as a result of risks facing Be Incorporated or actual results differing from the assumptions underlying such statements. Such risks and assumptions include, but are not limited to, risks related to competition and market acceptance of BeOS, ability to establish and maintain strategic relationships, availability of third party applications that operate on BeOS, and ability to increase sales and market awareness for BeOS. All forward-looking statements are expressly qualified in their entirety by the "Risk Factors" and other cautionary statements included in the Company's amended Registration Statement on Form S-1 (Commission File No. 333- 77855).

# # #

 

About Be®

Be Incorporated., founded in 1990 by Jean-Louis Gassée, is a software company focusing on building new foundations for the next generation of digital content and media design tools. With a team of industry-leading engineers and business executives in the United States and Europe, the company is dedicated to removing the limitations of existing computer architectures and delivering a new level of price performance on both personal computers and Internet appliances. In 1997, Be published the first public release of the Be Operating System (BeOS®), the core product of this strategy. Additional information on Be and BeOS is available online at http://www.be.com/. Be Incorporated is headquartered in Menlo Park, California.



.
Copyright © 2002 by Be, Inc. All rights reserved. (Legal Info)
Comments, questions, or confessions about our site? Please write the Webmaster!