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Intellon Corporation Files Registration Statement for Proposed Initial Public Offering of Common Stock
Ocala, FL - July 12, 2007 - Intellon Corporation(www.intellon.com), a fabless semiconductor company that designs and sells integrated circuits for high-speed communications over existing electrical wiring, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering are expected to be offered by Intellon Corporation and certain of its stockholders.
Goldman, Sachs & Co. will act as sole book-running manager for the offering. Deutsche Bank Securities Inc. will act as joint lead manager and Jefferies & Company and Piper Jaffray & Co. will act as co-managers for the offering. The number of shares to be sold and the price range for the proposed offering have not yet been determined.
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. Further, this press release does not constitute either an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering can be obtained from the prospectus department of Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York, New York 10004, via fax at 212-902-9316 or via e-mail at prospectus-ny@ny.email.gs.com or from the prospectus department of Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, via telephone at 1-800-503-4611 or via email at prospectusrequest@list.db.com.
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