good morning all... think i saw vign mentioned here yesterday...
Wednesday November 17, 8:01 am Eastern Time
Company Press Release
SOURCE: Vignette Corporation
Vignette Corporation Announces Secondary Public Offering
AUSTIN, Texas, Nov. 17 /PRNewswire/ -- Vignette Corporation (Nasdaq: VIGN - news) today announced that it has filed a Registration Statement with the Securities and Exchange Commission with respect to the offering of 1,229,500 shares of its common stock (on a pre-split basis). Of the shares included in the offering, 900,000 shares will be offered by Vignette and 329,500 shares will be offered for resale by certain stockholders of the company. The underwriters have the option to purchase up to an additional 184,425 shares to cover over-allotments. The underwriters for the offering will be Morgan Stanley Dean Witter, Hambrecht and Quist, Dain Rauscher Wessels, and US Bancorp Piper Jaffray.
All share information is on a pre-split basis and will not give effect to the two for one stock split which is payable December 1, 1999. Vignette Corporation common stock will begin trading on a split-adjusted basis on December 2, 1999.
A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission, but is not yet 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. There shall not be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities law of any such state.
About Vignette Corporation
Vignette Corporation, the leader in the category of e-Business software products and services, provides enterprise solutions for companies that are building businesses online. More than 390 global companies, including First Union National Bank, U S West, National Semiconductor, DaimlerChrysler, Nokia, Qualcomm, C|NET, Bertelsmann and Ziff-Davis' ZDNet, use Vignette solutions as part of their online strategy. Vignette has won numerous industry awards including the Crossroads A-list Award; Red Herring Magazine's 100 - Top 50 Public Companies in 1999, Best Overall Private Company in 1998 and 1998 Best Product Award for StoryServer. In April 1999, the company's StoryServer(TM) 4 was included in the Permanent Research Collection on Information Technology at the Smithsonian's National Museum of American History.
Vignette's product line includes Vignette StoryServer 4(TM), Vignette Development Center(TM) (VDC(TM)), Multi-Channel Server(TM) and Vignette Syndication Server(TM) (VSS(TM)), the world's first ICE-compatible product. Headquartered in Austin, Texas, Vignette Corporation also has offices located throughout the United States, Europe and in Asia Pacific and can be found on the Web at vignette.com.
NOTE: Vignette StoryServer, Vignette Syndication Server, VSS, Vignette Development Center, VDC, and Vignette are trademarks of Vignette Corporation. All other and terms in this release are trademarks or registered trademarks of their respective companies.
SOURCE: Vignette Corporation
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