CSG Systems International, Inc.

CSG Systems International, Inc.
(www.csgsys.com)

Ticker: CSGS		5251 DTC Parkway
Exchange: NASDAQ-National Market		Englewood, Colorado 80111
Industry: High-Tech		(303) 796-2850

Type of Shares:	Common Shares	Filing Date:	1/16/96
U.S. Shares:	2,900,000	Offer Date:	2/28/96
Non-U.S. Shares:	0	Filing Range:	$12.00 - $14.00
Primary Shares:	2,900,000	Offer Price:	$15.00
Secondary Shares:	0	Gross Spread:	$1.05
Offering Amount:	$37,700,000	Selling:	$0.60
Expenses:	$561,000	Reallowance:	$0.10
Shares Out After:	25,142,998

Manager	Tier	Phone
Alex. Brown & Sons Incorporated	Lead Manager	(410) 727-1700
Hambrecht & Quist Incorporated	Co-manager	(415) 576-3423

Auditor: Arthur Andersen
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95				12/31/95
Revenue:	$96.40			Assets:	$104.75
Net Income:	-$15.43			Liabilities:	$103.75
EPS:	-$0.69			Equity:	$1.00
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The Company provides customer management solutions for the converging communications markets. These markets include the cable television, direct broadcast satellite, telecommunications, and on-line services industries. The Company offers its clients a full range of processing services, software, and support services which automate customer management functions, including billing, sales support and order processing, invoice calculation and production, management reporting, and customer analysis for target marketing. The Company's products and services enable its clients to manage customer relationships with functionality rich software and flexible systems.

Use of Proceeds

The proceeds from the proposed offering will be used to repay debt and the payment of accrued preferred stock dividends to some holders.

Last updated: 10/28/96