Guidewire Announces Proposed Follow-on Offering
FOSTER CITY, Calif. -- October 21, 2013
Guidewire Software, Inc. (NYSE: GWRE), a provider of software products for
Property/Casualty (P/C) insurers, today announced that it plans to commence an
underwritten public offering of 6.5 million shares of its common stock. In
addition, Guidewire will grant the underwriters an option to purchase up to an
additional 975,000 shares of common stock to cover overallotments, if any.
Guidewire intends to use proceeds from the offering for general corporate
purposes, including working capital and capital expenditures, and potential
The lead bookrunning managers of the offering are J.P. Morgan Securities LLC
and Deutsche Bank Securities. UBS Investment Bank, Stifel Nicholas and Pacific
Crest Securities are acting as co-managers.
An effective registration statement relating to the securities was filed with
the Securities and Exchange Commission on October 21, 2013. The offering is
being made only by means of an effective shelf registration statement,
including a preliminary prospectus and final prospectus, copies of which may
be obtained, when available, by contacting J.P. Morgan Securities LLC,
Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, or telephone: 1-866-803-9204; or Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York, New York 10005, or by
email at email@example.com, or by telephone at (800) 503-4611.
This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any offer or sale of these securities in
any state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws
of such state or jurisdiction.
About Guidewire Software
Guidewire Software is a provider of software products for Property/Casualty
insurers. Designed to be flexible and scalable, Guidewire products enable
insurers to deliver excellent service, increase market share, and lower
operating costs. Guidewire products include Guidewire InsuranceSuite™,
consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire
BillingCenter® which span the core functional areas in insurance; Guidewire
Live^SM, a cloud-based network connecting peer insurers, core system data and
expert tools through instant on apps; Guidewire DataHub™ and Guidewire
InfoCenter™ which help insurers address their data management and business
intelligence challenges. Guidewire is headquartered in Foster City,
California, with offices in Beijing, Dublin, Hong Kong, London, Munich, Paris,
Sydney, Tokyo, Toronto, and Warsaw. For more information, please visit
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Guidewire
DataHub, Guidewire InfoCenter, Guidewire Live, Before & After, Guidewire
PartnerConnect, Guidewire SolutionConnect, Deliver Insurance Your Way, and the
Guidewire logo are trademarks, service marks, or registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
Investor Relations Contact:
Garo Toomajanian, +1 650-357-5282
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
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