| Ticker: GDSC | 3410 E. University Drive, Suite 100 | |
| Exchange: NASDAQ-National Market | Phoenix, Arizona 85034 | |
| Industry: High-Tech | (602) 968-7000 |
| Type of Shares: | Common Shares | Filing Date: | 11/1/95 | |
| U.S. Shares: | 1,250,000 | Offer Date: | 3/20/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $6.75 | |
| Primary Shares: | 1,250,000 | Offer Price: | $6.75 | |
| Secondary Shares: | 0 | Gross Spread: | $0.68 | |
| Offering Amount: | $8,437,500 | Selling: | $0.34 | |
| Expenses: | $724,500 | Reallowance: | $0.10 | |
| Shares Out After: | 2,793,199 |
| Manager | Tier | Phone |
| National Securities Corp. | Lead Manager | (206) 622-7200 |
| Norcross Securities, Inc. | Co-manager | (602) 234-5555 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 1/31/95 | 10/31/95 | 10/31/94 | 10/31/95 | ||
| Revenue: | $20.71 | $19.98 | $14.78 | Assets: | $8.46 |
| Net Income: | $0.57 | $0.79 | $0.34 | Liabilities: | $10.21 |
| EPS: | $0.39 | $0.50 | $0.24 | Equity: | -$1.76 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops software products and provides related customer support services. The Company utilizes its knowledge and understanding of retail and warehouse operations as well as its extensive expertise in specific software applications, systems, and networking to develop specific product solutions that address the needs of its customers. The Company also provides full-service product installation, customization, modification, maintenance, and training. The Comapny's current application software systems operate primarily on state-of-the-art hardware platforms manufactured by IBM, including the AS/400 midrange computer system and the IBM 4694 point-of-sale system. The Company has developed its newest software applications, and intends to modify its previously developed software applications, to operate on open architecture, client/server systems. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to provide capital required to accelerate the transition of the company's business focus, including development of new software applications, enhancements to existing applications, and migration of existing software applications to open architecture platforms; to expand marketing and sales operations; to retire outstanding indebtedness; to provide funds for capital expenditures; and to provide working capital. |
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