| Ticker: ICTG | 800 Town Center Drive | |
| Exchange: NASDAQ-National Market | Langhorne, Pennsylvania 19047 | |
| Industry: Service | (215) 757-0200 |
| Type of Shares: | Common Shares | Filing Date: | 4/29/96 | |
| U.S. Shares: | 2,500,000 | Offer Date: | 6/14/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 2,411,552 | Offer Price: | $16.00 | |
| Secondary Shares: | 88,448 | Gross Spread: | $1.12 | |
| Offering Amount: | $32,500,000 | Selling: | $0.64 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 11,500,000 |
| Manager | Tier | Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Smith Barney Inc. | Co-manager | (718) 921-8473 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $52.12 | $16.22 | $9.29 | Assets: | $21.42 |
| Net Income: | $0.90 | $0.25 | $0.06 | Liabilities: | $17.12 |
| EPS: | $0.09 | $0.03 | Equity: | $4.29 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company provides call center tele-services, including outbound and inbound tele-marketing, and value added services, such as marketing, research and consulting services. The Company's call center management experience, technological leadership and expertise in target industries enable it to provide its clients with high quality, cost-effective call center services. In addition to supporting customers' teleservices programs from its own call centers, ICT has secured call center management contracts and is pursuing additional opportunities to manage clients' call centers on a contract basis in order to capitalize on a trend by businesses to outsource many of their internal telephone sales, customer service and product support functions. The Company has been among the first teleservices firms to establish international call centers with multilingual capabilities, which it intends to further expand to meet the global needs of multinational clients. |
| Use of Proceeds |
| The proceeds from the offering will be used to repay debt, pay a distribution of S Corporation earnings and for working capital and other general corporate purposes including possible acquisitions. |
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