JEFFERIES BROADVIEW ADVISES ROSETTA STONE INC.
Rosetta Stone Inc. Announces the Closing of its Initial Public Offering
Underwriters Exercise Over-Allotment Option
ARLINGTON, Va., Apr 21, 2009 (BUSINESS WIRE) -- Rosetta Stone Inc. (NYSE:RST) today announced that it had closed its previously announced initial public offering of 6,250,000 shares of its common stock at an initial public offering price of $18.00 per share. Rosetta Stone sold 3,125,000 shares of its common stock and selling stockholders sold the remaining 3,125,000 shares in the offering. Further, the underwriters of the offering fully exercised their over-allotment option and purchased 937,500 additional shares of common stock from the selling stockholders.
Morgan Stanley & Co. Incorporated and William Blair & Company, L.L.C. acted as joint book-running managers for the offering. Jefferies & Company, Inc., Piper Jaffray & Co. and Robert W. Baird & Co. Incorporated were the co-managers of the offering. A copy of the final prospectus may be obtained from either:
About Rosetta Stone Inc.
Rosetta Stone Inc. is a leading provider of technology-based language learning solutions consisting of software, online services and audio practice tools, primarily under the Rosetta Stone brand. Rosetta Stone offers its self-study language learning solutions in 31 languages. Its customers include individuals, educational institutions, armed forces, government agencies and corporations. The company is based in Arlington, Va. For more information, visit www.RosettaStone.com








