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Internet software vendor Niku ups its range to $20-22 from $10-12; plans to price Monday night for trading Tuesday.

February 24, 2000

Niku, a provider of web-based management software to the IT industry, doubled the range on its 8 million share IPO to $20-$22 from its originally filed range of $10-$12. The Company plans to price Monday night for trading Tuesday. Goldman Sachs is the lead underwriter.