| Proposed Ticker: SCAI | 40 Valley Strea Parkway | |
| Exchange: NASDAQ-National Market | Malvern, Pennsylvania 19355 | |
| Industry: High-Tech | (610) 296-8877 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 11/13/96 | |
| U.S. Shares Filed: | 3,226,500 | Filing Price: | $5.50 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $17,745,750 | |
| Primary Shares: | 3,226,500 | Expenses: | $600,000 | |
| Secondary Shares: | 0 | Shs Out After: | 10,707,755 | |
| Spin out parent firm: | Safeguard Scientifics, Inc. | |||
| Manager | Tier | Phone |
| J.P. Morgan Securities Inc. | Lead Manager | (212) 648-9922 |
| Wheat First Butcher & Singer Capital Markets | Co-manager | (804) 782-3278 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $16.84 | $12.80 | $11.60 | Assets: | $13.53 |
| Net Income: | $1.59 | $0.68 | $0.48 | Liabilities: | $6.90 |
| EPS: | $0.17 | $0.07 | $0.05 | Equity: | $6.63 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company designs, develops, markets, implements and supports comprehensive banking software, called PROFILE (R), for financial services organizations worldwide. Sanchez's highly flexible PROFILE family of products is comprised of three integrated modules which operate on open, client/server platforms. The primary module, called PROFILE/Anyware, is a multi-currency, financial management and accounting system, and PROFILE/ITS, a system that processes treasury transactions including foreign exchange, money market, securities trading (capital markets), futures, options and trade finance. The PROFILE system is currently licensed to 23 clients in nine countries serving more than 300 financial institutions. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital, capital expenditures, and general corporate purposes. |
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