Venture Backed IPOs 4-22-02

Recently Filed Venture Backed IPOs

Company (Symbol) Business Filing Date Amount Filed (M) Last Round Last Round (M) Book Manager VCs
Medical Staffing Network Holdings (MRN) Boca Raton, FL Medical staffing services 4/18/02 $148.4 $19.0 Lehman Brothers / Deutsche Banc Alex Brown (Co-Leads), Navis Partners U.S. Bancorp Piper Jaffray Ventures, Warburg Pincus LLC
JetBlue Airways Corp. (JBLU) Kew Gardens, NY Low fare U.S. airline operation 4/12/02 $158.4 $27.0 Morgan Stanley / Merrill Lynch (Co-Leads) J.P. Morgan Partners, Weston Presidio
CTI, Inc. (CTMI)- Buyout Backed Knoxville, TN 685-218-2000 Metabolic imaging device manufacturer 4/5/02 $230.0 10/8/99 $20.0 CFSB/USBancorp / Bear Stearns (Co-Leads) Wachovia Capital Partners
Inveresk Research Group (IRGI) Cary, NC Drug development services 4/2/02 $150.0 4/11/01 $123.1 Bear Stearns / UBS Warburg Candover Investments (Buyout)
Advantage Payroll Services Inc. (APAY) Auburn, ME Outsourced payroll processing 3/18/02 $143.7 9/30/99 $0.0 Lehman Bros. Willis Stein
United States Marine Repair Inc. Norfolk, VA Ship repair for the U.S. Navy 3/13/02 $160.0 11/26/01 $25.0 Lehman Bros. The Carlyle Group
Regal Entertainment Corp. (RGC) Englewood, CO Domestic movie theater operator 3/11/02 $345.0 3/12/02 $0.0 CSFB/Lehman Bros. Oaktree Capital
AmeriChoice Corp. (AMCH) Vienna, VA Public-sector health-care services 3/11/02 $115.0 5/21/95 $16.6 Banc of America/UBS TA Associates
Republic Airways Holdings Inc. (RJET) Indianapolis, IN Regional airline carrier 3/11/02 $85.0 3/13/02 $0.0 Merrill Lynch Wexford Management
Mitokor Inc. (MITO) San Diego, CA Mitochondrial pharmaceuticals 3/8/02 $60.0 12/21/01 $75.8 RBC Capital Markets Alta Partners
Netflix (NFLX) Los Gatos, CA Online DVD rentals 3/7/02 $115.0 9/30/01 $0.0 Merrill Lynch Technology Crossover Ventures

Completed Venture Backed IPOs

Issuer (symbol) Date Priced Offer Price 4/18 close Lead VC Backer Company Counsel Lead Underwriter
Medsource Technologies Inc. (MEDT) Minneapolis, MN Medical device manufacturing services 3/27/02 $12.00 $15.00 Brown Bros. (Buyout- backed) Ropes & Gray MS
WCI Communities Inc. (WCI) Bonita Springs, FL Home building and real estate developer 3/12/02 $19.00 $25.04 Citicorp VC Simpson Thacher UBS/CSFB
Petco Animal Supplies Inc. (PETC) San Diego Retail pet supplies 2/22/02 $19.00 $22.99 TCW Capital (Buyout- backed) Latham & Watkins Merrill Lynch
PayPal Inc. (PYPL) Palo Alto, CA Web-based payment service 2/15/02 $13.00 $24.46 JPMorgan Partners Latham & Watkins Smith Barney
Zymogenetics Inc. (ZGEN) Seattle Biopharmaceuticals 1/31/02 $12.00 $11.95 Warburg Pincus Perkins Coie Lehman Bros.
Synaptics (SYNA) San Jose, CA Computer touchpads 1/29/02 $11.00 $19.33 Sprout Group Greenberg Traurig Bear Stearns
Bruker AXS Inc. (BAXS) Madison, WI Advanced X-ray systems 12/14/01 $6.50 $3.60 Thomas Weisel Hutchins Wheeler UBS
American Pharmaceuticals (APPX) Westwood, CA Injectable pharmaceuticals 12/14/01 $16.00 $14.00 BioAsia Investments Morrison & Foerster CIBC
NetScreen Technologies Inc. (NSCN) Sunnyvale, CA Security software 12/11/01 $14.00 $16.00 Sequoia Capital Fenwick & West GS
Lawson Software Inc. (LWSN) St. Paul, MN Software development 12/6/01 $14.00 $10.60 St. Paul Venture Capital Dorsey & Whitney Lehman Bros.
MCG Capital Corp. (MCGC) Arlington, VA Financial borrowing services 11/28/01 $17.00 $19.05 Wachovia Capital Fried Frank FBR
Magma Design Automation Inc. (LAVA) Cupertino, CA Deep submicron design software 11/20/01 $13.00 $19.96 CDIB Venture Pillsbury Winthrop CSFB