-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M1nDLrLnxg14uYmUEs6ii2N7anTSTwXg3Xwr0G9yKGmXmMeVCiU1+wSqnPW+VVNH OZW+POL4oEnHZFBw110rXA== 0000891618-99-005388.txt : 19991123 0000891618-99-005388.hdr.sgml : 19991123 ACCESSION NUMBER: 0000891618-99-005388 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IBASIS INC CENTRAL INDEX KEY: 0001091756 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 043332534 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-57187 FILM NUMBER: 99761863 BUSINESS ADDRESS: STREET 1: 20 SECOND AVE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 7815057500 MAIL ADDRESS: STREET 1: 20 SECOND AVE CITY: BURLINGTON STATE: MA ZIP: 01803 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TECHNOLOGY CROSSOVER MANAGEMENT II LLC CENTRAL INDEX KEY: 0001040275 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 770439710 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 56 MAIN ST STREET 2: STE 210 CITY: MILLBURN STATE: NJ ZIP: 07041 BUSINESS PHONE: 9734675320 MAIL ADDRESS: STREET 1: 56 MAIN ST STREET 2: STE 210 CITY: MILLBURN STATE: NJ ZIP: 07041 SC 13G 1 SCHEDULE 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) (Amendment No._______)* iBasis, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 450732102 - -------------------------------------------------------------------------------- (CUSIP Number) November 10, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following pages) Page 1 of 14 Pages 2 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 2 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON TCV III, L.P. See Item 2 for identification of General Partner I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 76,208(A) BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 0(A) PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 76,208(A) ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0(A) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 76,208(A) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.2% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- --------------------------------------------------------------------- (A) Excludes an aggregate of 2,133,289 shares owned beneficially by the other reporting persons indicated in this Schedule 13G, as to which this reporting person disclaims beneficial ownership. 3 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 3 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON TCV III (Q), L.P. See Item 2 for identification of General Partner I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 2,025,520(A) BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 0(A) PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 2,025,520(A) ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0(A) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,025,520(A) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.6% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- (A) Excludes an aggregate of 183,977 shares owned beneficially by the other reporting persons indicated in this Schedule 13G, as to which this reporting person disclaims beneficial ownership. 4 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 4 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON TCV III STRATEGIC PARTNERS, L.P. See Item 2 for identification of General Partner I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 91,725(A) BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 0(A) PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 91,725(A) ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0(A) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,725(A) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.3% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------- (A) Excludes an aggregate of 2,117,772 shares owned beneficially by the other reporting persons indicated in this Schedule 13G, as to which this reporting person disclaims beneficial ownership. 5 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 5 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON TCV III (GP) See Item 2 for a list of Managing General Partners I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 16,044(A) BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 0(A) PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 16,044(A) ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0(A) - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,044(A) - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- (A) Excludes an aggregate of 2,193,453 shares owned beneficially by the other reporting persons indicated in this Schedule 13G, as to which this reporting person disclaims beneficial ownership. 6 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 6 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER MANAGEMENT III, L.L.C. See Item 2 for a list of Managing Members I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 2,209,497 BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 0 PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 2,209,497 ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - --------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,209,497 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- 7 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 7 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON JAY C. HOAG I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 2,209,497 PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 2,209,497 ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,209,497 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- 8 - ---------------------------------- ------------------------------- CUSIP NO. 450732102 13 G Page 8 of 14 Pages - ---------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON RICHARD H. KIMBALL I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tax ID Number: - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ---------- --------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ------ ------------------------------------------ OWNED BY EACH 6 SHARED VOTING POWER REPORTING 2,209,497 PERSON ------ ------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 2,209,497 ------ ------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ---------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,209,497 - ---------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% - ---------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- 9 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 9 of 14 Pages - ---------------------------------- --------------------------- ITEM 1. (a) NAME OF ISSUER: iBasis, Inc. (the "Company") (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 20 Second Ave., Burlington, MA 01803. ITEM 2. Set forth below is the following information with respect to each of the persons filing this Schedule 13G (together, the "Filing Persons"): (a) name; (b) address of principal offices (if entity) or residence or business address (if individual); (c) citizenship (if individual) or jurisdiction of organization (if entity); (d) title of class of securities and (e) CUSIP number. I. (a) TCV III, L.P., a Delaware limited partnership ("TCV III, L.P."). The General Partner of TCV III, L.P. is Technology Crossover Management III, L.L.C., a Delaware limited liability company ("TCM III"). The sole Managing Members of TCM III are Jay C. Hoag ("Hoag") and Richard H. Kimball ("Kimball"). (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) Delaware (d) Common Stock (e) 450732102 II. (a) TCV III (Q), L.P., a Delaware limited partnership ("TCV III (Q)"). The General Partner of TCV III (Q) is TCM III. (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) Delaware (d) Common Stock (e) 450732102 III. (a) TCV III Strategic Partners, L.P., a Delaware limited partnership ("TCV III Strategic Partners"). The General Partner of TCV III Strategic Partners is TCM III. (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) Delaware (d) Common Stock (e) 450732102 IV. (a) TCV III (GP), a Delaware general partnership ("TCV III (GP)"). The Managing General Partner of TCV III (GP) is TCM III. (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) Delaware (d) Common Stock (e) 450732102 V. (a) Technology Crossover Management III, L.L.C., a Delaware limited liability company. 10 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 10 of 14 Pages - ---------------------------------- --------------------------- (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) Delaware (d) Common Stock (e) 450732102 VI. (a) Jay C. Hoag (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) U.S. Citizen (d) Common Stock (e) 450732102 VII. (a) Richard H. Kimball (b) 575 High Street, Suite 400, Palo Alto, CA 94301 (c) U.S. Citizen (d) Common Stock (e) 450732102 ITEM 3. Not Applicable ITEM 4. (a), (b) and (c) This Schedule 13G shall not be construed as an admission that any Filing Person is, either for purposes of Section 13(d) or 13(g) of the Act or for other purposes, the beneficial owner of any Common Stock disclosed in this Schedule 13G. The aggregate number and percentage of the class of securities identified pursuant to Item 1 of this Schedule 13G that, pursuant to Rule 13d-3, may be deemed to be beneficially owned by each Filing Person are as follows:
Common Stock Dispositive Filing Person Beneficially Owned % of Class(1) Voting Power Power - -------------------------- ------------------ -------------- ------------ ----------- TCV III, L.P.(2) 76,208 0.2% sole sole TCV III (Q)(2) 2,025,520 6.6% sole sole TCV III Strategic Partners(2) 91,725 0.3% sole sole TCV III (GP)(2) 16,044 0.1% sole sole TCM III 2,209,497 7.2% sole sole Hoag(3) 2,209,497 7.2% shared sole Kimball(3) 2,209,497 7.2% shared sole
(1) All percentages in this table are based on the 30,538,353 shares of Common Stock of the Company outstanding, as reported in the Company's prospectus filed with the Securities and Exchange Commission on November 10, 1999 pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended. (2) Each noted entity (together, the "TCV III Funds") is the holder of record of the securities set forth opposite the name of such entity and has sole voting and investment power with respect to such securities. TCM III, as sole General Partner of TCV III, L.P., TCV III (Q), TCV III (GP) and TCV III Strategic Partners, may also be deemed to have sole voting and investment power with respect to such securities. TCM III disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (3) Under the operating agreement of TCM III, Hoag and Kimball have the independent power to cause the funds managed by such entity to buy and sell securities of publicly traded portfolio companies, however, in general, 11 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 11 of 14 Pages - ---------------------------------- --------------------------- they must act by unanimous consent with respect to all other matters, including directing the voting of such securities. As a result, Hoag and Kimball may also be deemed to have sole dispositive power and shared voting power with respect to the securities held by the TCV III Funds. Hoag and Kimball disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interests therein. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k). As a result of the relationships among the Filing Persons described herein, some or all of the Filing Persons may be deemed to comprise a "group" within the meaning of Section 13 and the Rules promulgated thereunder. However, the Filing Persons deny such group status. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable. ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 12 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 12 of 14 Pages - ---------------------------------- --------------------------- MATERIAL TO BE FILED AS EXHIBITS The following exhibit was filed as Exhibit A to the Schedule 13D relating to the Common Stock of Digital Generation Systems, Inc. filed by the undersigned with the Securities and Exchange Commission on September 5, 1997 and is hereby incorporated herein by reference, as updated by Exhibit B hereto: Exhibit A - Statement Appointing Designated Filer and Authorized Signer dated September 5, 1997 The following exhibit was filed as Exhibit B to the Schedule 13G relating to the Common Stock of PSW Technologies, Inc. filed by the undersigned with the Securities and Exchange Commission on October 23, 1998 and is hereby incorporated herein by reference: Exhibit B - October 23, 1998 Update to Exhibit A to the Designated Filer Statement 13 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 13 of 14 Pages - ---------------------------------- --------------------------- SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 20, 1999 TCV III, L.P. a Delaware Limited Partnership By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory TCV III (Q), L.P. a Delaware Limited Partnership By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory TCV III STRATEGIC PARTNERS, L.P. a Delaware Limited Partnership By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory TCV III (GP) a Delaware General Partnership By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory TECHNOLOGY CROSSOVER MANAGEMENT III, L.L.C. a Delaware Limited Liability Company By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory 14 - ---------------------------------- --------------------------- CUSIP NO. 450732102 13 G Page 14 of 14 Pages - ---------------------------------- --------------------------- Jay C. Hoag By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory Richard H. Kimball By: /s/ Robert C. Bensky -------------------------------------- Robert C. Bensky, Authorized Signatory -----END PRIVACY-ENHANCED MESSAGE-----