| Ticker: SEGU | 1320 Centre Street | |
| Exchange: NASDAQ-National Market | Newton Centre, Massachusetts 02159 | |
| Industry: High-Tech | (617) 796-1000 |
| Type of Shares: | Common Shares | Filing Date: | 2/20/96 | |
| U.S. Shares: | 2,750,000 | Offer Date: | 3/28/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $18.00 | |
| Secondary Shares: | 750,000 | Gross Spread: | $1.26 | |
| Offering Amount: | $35,750,000 | Selling: | $0.70 | |
| Expenses: | $650,000 | Reallowance: | $0.10 | |
| Shares Out After: | 6,004,702 |
| Manager | Tier | Phone |
| Alex. Brown & Sons Incorporated | Lead Manager | (410) 727-1700 |
| Adams, Harkness & Hill | Co-manager | (617) 423-6688 |
| SoundView Financial Group, Inc. | Co-manager | (203) 462-7200 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $8.31 | Assets: | $4.50 | ||
| Net Income: | -$0.30 | Liabilities: | $3.19 | ||
| EPS: | -$0.07 | Equity: | $1.31 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops, markets and supports integrated software solutions for the automated testing and quality management of client/server software applications. The company's product family, QualityWorks, is used by quality assurance professionals and software developers to improve software quality, reduce development costs and shorten the time required to develop and deploy software applications. QualityWorks integrates test planning, creation, execution, management and analysis to provide unattended automated testing of software applications across the various components of a distributed, multi-platform client/server system. QualityWorks provides an integrated automated testing solution for distributed client/server applications. The foundation of QualityWorks, QA Partner, is a powerful automated testing tool which worked with Segue's agent technology to enable concurrent multi-platform testing. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes, including working capital and for possible investments in or acquisitions of complementary businesses or technologies. |
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