According to the offering prospectus, of the 1'070'000 in the Commercial Register registered shares, 310'000, or 29% of the company's outstanding stock, were offered to the public. Should the underwriters elect to exercise their green-shoe option, that proportion could rise to 32%. 230'000 of the publicly offered shares were part of a capital increase associated with the IPO.
One core competency of Crealogix is a consulting, technology and multimedia/design services package that is offered to customers on an infrastructure- and product-independent basis. For clients such as ABB, Credit Suisse Group, Helsana and Julius Baer, to name just a few, the company has developed and implemented tailor-made Internet applications for central business processes. Notable examples of this are youtrade, yourhome and Fundstreet.
Crealogix Holding AG was founded in Zurich in 1996 and currently employs a total of 130 individuals in Zurich, Bubikon (CH) and Toronto. In the 1999/2000 fiscal year ended June 30th, the company recorded a net profit of CHF 4.5 million, an earnings gain of 181% over the prior year.
