| Ticker: SPEH | 1501 Opus Place | |
| Exchange: NASDAQ-National Market | Downers Grove, Illinois 60515 | |
| Industry: High-Tech | (708) 964-1501 |
| Type of Shares: | Common Shares | Filing Date: | 10/18/95 | |
| U.S. Shares: | 6,700,000 | Offer Date: | 3/26/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 3,350,000 | Offer Price: | $11.00 | |
| Secondary Shares: | 3,350,000 | Gross Spread: | $0.77 | |
| Offering Amount: | $73,700,000 | Selling: | $0.46 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 23,929,154 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 504-4525 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Chicago Corporation, The | Co-manager | (312) 855-7600 |
| Auditor: Price Waterhouse | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/95 | 12/31/95 | 12/31/94 | 12/31/95 | ||
| Revenue: | $61.64 | $16.04 | $14.37 | Assets: | $47.67 |
| Net Income: | $7.86 | $1.66 | $1.92 | Liabilities: | $27.77 |
| EPS: | $0.39 | $0.08 | $0.09 | Equity: | $19.90 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides computer-based information management services primarily for clients with significant direct marketing requirements. The company provides direct marketing services including database creation, data warehousing, predictive behavioral modeling, list processing and data enhancement. The company also provides data processing outsourcing services. The company's direct marketing and data processing outsourcing services are complementary and allow the company to leverage its investment in its state of the art data processing center as well as its core competencies in customized software systems development, large database management, high speed data processing and data center management. May & Speh's open architecture, multiple platform data center, with processing capacity of over 550 million instructions per second (MIPS), provides its clients with superior processing flexibility and speed. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes. |
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