Rule 424(b)(3)
File No. 333-59019
NAVIDEC, INC.
Prospectus Supplement to Prospectus Dated July 22, 1998
On August 5, 1998, NAVIDEC, Inc. (the "Company") announced that it signed
a letter of intent to merge with VSI Holdings Inc. ("VSIH") (AMEX:VIS). VSIH
is comprised of five wholly owned subsidiaries focused on marketing and
entertainment, and has 1,250 employees in the U.S. and Canada. The five
integrated subsidiaries provide technology and systems for relationship
marketing, entertainment products, education and training for clients such as
Ford Motor Company, General Motors, Schering Plough Pharmaceuticals and
Universal Studios. It is expected that the merger will create a large
Internet/new media company with the capability to provide comprehensive
integrated technology applications for marketing and e-commerce. Annual
revenues of the new company are expected to exceed $170 million.
It is anticipated that the merger will involve an exchange of the common
stock of the two companies and be accounted for on a pooling of interests
basis. The consummation of the merger is subject to due diligence review,
negotiation of a definitive agreement, tax-free status compliance, preparation
of filings with the Securities and Exchange Commission, and approval by the
shareholders of both companies. The merger is expected to close in the fourth
quarter of 1998.
This Prospectus Supplement should be read in conjunction with the
Company's Prospectus dated July 22, 1998.
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The date of this Prospectus Supplement is August 14, 1998
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