| Ticker: UNFY | 181 Metro Drive, 3rd Floor | |
| Exchange: NASDAQ-National Market | San Jose, California 95110 | |
| Industry: High-Tech | (408) 467-4500 |
| Type of Shares: | Common Shares | Filing Date: | 4/19/96 | |
| U.S. Shares: | 2,140,000 | Offer Date: | 6/14/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 1,866,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 274,000 | Gross Spread: | $0.84 | |
| Offering Amount: | $23,540,000 | Selling: | $0.48 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Shares Out After: | 7,506,831 |
| Manager | Tier | Phone |
| Montgomery Securities | Lead Manager | 4156272220 |
| Black & Company, Inc. | Co-manager | (503) 248-9600 |
| Needham & Company | Co-manager | (212) 371-8300 |
| Auditor: KPMG Peat Marwick | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 4/30/96 | 4/30/96 | ||||
| Revenue: | $30.17 | Assets: | $13.00 | ||
| Net Income: | -$0.94 | Liabilities: | $42.17 | ||
| EPS: | -$0.18 | Equity: | -$29.17 | ||
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 client/server application development tools and database management software products. The company is continuing to market and enhance Unify ACCELL, a family of fourth generation language application development tools and Unify DataServer products to over 2,000 customers worldwide. The migration by many organizations towards client/server computing has created significant demand for applications and their associated development tools. The success of entry-level client/server applications has led organizations to seek to extend client/server computing beyond the workgroup level and across the enterprise to address business-critical operations. These high-end business critical applications are significantly more complex to develop and maintain as compared to entry-level applications. Accordingly, organizations increasingly require more sophisticated, powerful application development tools to develop applications which support distributed heterogeneous environments, high volumes of complex on-line transaction processing and substantial numbers of concurrent enterprise-wide users. |
| Use of Proceeds |
| The proceeds from the offering will be used for working capital and for general corporate purposes. |
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