| Proposed Ticker: STGI | 10301 Linn Station Road | |
| Exchange: NASDAQ-National Market | Lousiville, Kentucky 40223 | |
| Industry: High-Tech | (502) 426-3434 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 10/15/96 | |
| U.S. Shares Filed: | 1,750,000 | Filing Range: | $8.00 - $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $15,750,000 | |
| Primary Shares: | 1,750,000 | Expenses: | $680,000 | |
| Secondary Shares: | 0 | Shs Out After: | 5,019,069 | |
| Manager | Tier | Phone |
| Paulson Investment Company, Inc. | Lead Manager | (503) 243-6000 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $8.93 | $7.01 | $6.69 | Assets: | $12.45 |
| Net Income: | $0.04 | -$0.58 | $0.11 | Liabilities: | $10.35 |
| EPS: | $0.00 | -$0.25 | $0.03 | Equity: | $2.10 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides disaster recovery, consulting, information processing and outsourcing services to users of large scale computer systems in North America and Europe. For twelve years the company has specialized in assisting business organizations and governmental agencies to prepare for and avert the consequences of unknown, unplanned interruptions in data processing. Since 1984, the company has provided its services to more than 200 large and medium sized organizations in diverse industries. During the next few years, the company expects to devote substantial resources to assisting clients in preparing for and implementing the conversion of their computer systems to allow those systems to function without interruption on or after January 1, 2000. The company recently began offering outsourcing services, managing some of all of a client's information processing functions on a transitional or permanent basis. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to add additional marketing and technical personnel, to establish regional and international testing facilities, to repay indebtedness and for working capital and other general corporate purposes. |
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