The Company will use the net proceeds from this offering to repay debt and redeem warrants. The Company will not receive any of the proceeds from the sale of shares by the selling stockholders.
J.P. Morgan Securities Inc. is acting as sole book-running manager and joint lead manager of the offering and William Blair & Company, L.L.C. is also acting as joint lead manager. The shares will begin trading on The NASDAQ Stock Market's National Market under the symbol "BECN" on September 23, 2004.
The common stock offering may be made only by means of prospectus, copies of which may be obtained by contacting:
J.P. Morgan Securities Inc. Prospectus Department One Chase Manhattan Plaza, Floor 5B New York, NY 10081 Telephone: 212-552-5164 William Blair & Company, L.L.C. Prospectus Department 222 West Adams Chicago, IL 60606 Telephone: 800-621-0687
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission. This press release shall not constitute 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.