Hoover`s Reveals 240% Increase in U.S. IPOs in Q3 2009

http://www.businesswire.com/news/home/20091005005304/en

First Triple-Digit Percentage Increase in New Offerings in Five Years
AUSTIN, Texas--(Business Wire)--
Hoover`s, Inc. (http://www.hoovers.com) today announced the number of U.S.
initial public offerings (IPOs) increased 240% for Q3 2009 compared to the same
quarter a year ago, as revealed in Hoover`s IPO Scorecard
(http://www.hoovers.com/ipo/scorecard). This marks the first triple-digit
percentage increase in U.S. IPOs since 2004. Seventeen companies went public in
Q3 2009 on the major U.S. stock exchanges, raising $5.5 billion, compared to Q3
2008 when five companies went public, raising $917 million.

Findings from Hoover`s IPO Scorecard for Q3 2009:

* The pipeline for IPO filings expanded significantly this quarter, including
four filings for more than $1 billion each - JBS USA Holdings, Inc. ($2
billion), Hyatt Hotels Corporation ($1.15 billion), Banco Santander (Brasil)
S.A. ($6.84 billion), and Cobalt International Energy, L.P. ($1.15 billion).
* The week of September 20, 2009, was the busiest week for U.S. IPOs in almost
two years, with seven companies going public and collectively raising more than
$3 billion. Shanda Games Ltd. was one of those companies; although closing down
on its first day of trading, the Shanda IPO raised $1.04 billion, making it the
largest U.S. IPO so far in 2009.

Best First-Day Gain: A123 Systems, Inc. 50%
Worst First-Day Drop: CDC Software Corporation -17%

Best-Returning IPOs for Q3: Offer Q3 Close Return
Lihua International, Inc. $4.00 $8.81 120%
A123 Systems, Inc. $13.50 $21.32 58%
Globe Specialty Metals, Inc. $7.00 $9.02 29%
Avago Technologies Limited $15.00 $17.07 14%
LogMeIn, Inc. $16.00 $18.31 14%
Emdeon Inc. $15.50 $16.20 5%

"The mere fact that we can mention `IPOs` and `double digits` (in a positive
sense) in the same sentence should be cause for celebration at this point. The
IPO market appears to be generating momentum," said Tim Walker, Hoover`s
industry expert and author of the Business Insight Zone. "The outlook for the
end of this year and beginning of 2010 is a good one when we consider that Q3
2009 beat the previous four quarters combined, both in the number of IPO filings
- more than 30 - and their average value - around $400 million."

Hoover`s analyzes the IPO market daily to produce the quarterly IPO Scorecard.
Each IPO Scorecard includes an assortment of facts selected by Hoover`s editors,
including best- and worst-performing IPOs, biggest one-day jumps and drops in
the first day of trading, and a breakdown by industry sector.

About Hoover's, Inc. - The Fastest Path To Business

Hoover`s, a D&B company, provides its customers with insight and actionable
information about companies, industries and key decision makers, along with the
powerful tools to find and connect to the right people to get business done.
Hoover`s provides this information for sales, marketing, business development,
and other professionals who need intelligence on U.S. and global companies,
industries, and the people who lead them. Hoover`s unique combination of
editorial expertise and one-of-a-kind data collection with user-generated and
company-supplied content gives customers a 360-degree view and competitive edge.
This information, along with powerful tools to search, sort, download and
integrate the content, is available through Hoover`s (http://www.hoovers.com),
the company`s premier online service. Hoover`s is headquartered in Austin,
Texas.

Hoover`s, Inc.
Lisa Glass, 512-374-4662
lglass@hoovers.com

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