| Proposed Ticker: ISCG | 575 East Swedesford Road, Suite 200 | |
| Exchange: NASDAQ-Small Cap Market | Wayne, Pennsylvania 19087 | |
| Industry: Service | (610) 989-7000 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 1/31/96 | |
| U.S. Shares Filed: | 2,500,000 | Filing Price: | $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $12,500,000 | |
| Primary Shares: | 1,800,000 | Expenses: | $600,000 | |
| Secondary Shares: | 700,000 | Shs Out After: | 7,530,681 | |
| Spin out parent firm: | Safeguard Scientifics, Inc. | |||
| Manager | Tier | Phone |
| Tucker Anthony Incorporated | Lead Manager | (617) 725-2000 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $21.02 | Assets: | $7.59 | ||
| Net Income: | $1.85 | Liabilities: | $2.74 | ||
| EPS: | $0.31 | Equity: | $4.85 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides consulting services that address client's information processing needs through technologically advanced solutions, including client/server architecture, graphical user interface based applications, and distributed databases. The company delivers consulting services to two broad areas: software applications development and systems and network management. In the applications development area, the company provides expertise to its clients in the full software development cycle or one or more discrete phases within such process. The company's applications development activities accounted for over 85% and 78% of its revenues in 1994 and 1995, respectively. In the network management area, the company provides expertise to its clients in the design, implementation, management and support of mulit-vendor local and wide area networks, desktop computer systems and servers. The company's network management activities accounted for over 15% and 22% of its revenues in 1994 and 1995 respectively. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for working capital, general corporate purposes and capital expenditures. A portion of the net proceeds may be used for acquisitions, although the company is not currently engaged in any acquisition negotiations. |
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