| Ticker: DOCX | 6333 Greenwich Drive, Suite 100 | |
| Exchange: NASDAQ-National Market | San Diego, California 92122 | |
| Industry: High-Tech | (619) 625-2000 |
| Type of Shares: | Common Shares | Filing Date: | 6/19/96 | |
| U.S. Shares: | 2,300,000 | Offer Date: | 9/20/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 1,837,500 | Offer Price: | $12.00 | |
| Secondary Shares: | 462,500 | Gross Spread: | $0.84 | |
| Offering Amount: | $25,300,000 | Selling: | $0.50 | |
| Expenses: | $600,000 | Reallowance: | $0.10 | |
| Shares Out After: | 10,365,657 |
| Manager | Tier | Phone |
| Deutsche Morgan Grenfell | Lead Manager | (212) 468-5000 |
| SoundView Financial Group, Inc. | Co-manager | (203) 462-7200 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $10.51 | $2.69 | $1.99 | Assets: | $5.89 |
| Net Income: | $1.05 | $0.02 | $0.17 | Liabilities: | $3.76 |
| EPS: | $0.13 | $0.00 | $0.02 | Equity: | $2.13 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company manufactures, develops and markets document automation software products and services used in high volume electronic publishing applications. Autograph, the Company's document automation software architecture, enables personalized and customized publishing solutions for many industries including insurance, managed healthcare, financial services, telecommunications, manufacturing/distribution, government agencies and commercial print service bureaus. The Company's products enable an important form of communication between organizations and customers by employing enterprise database assets to produce high-quality documents that are ready to print on demand and distribute in high-volume. Additionally, the Company's core technology can be extended to provide electronic document automation solutions for the Internet, intranets and commercial on-line services. CompuSet, Autograph's flagship product, is licensed by approximately 500 customers worldwide who collectively produce an estimated one billion customized pages per month. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes, including working capital and expansion of product development and sales, marketing and customer support organizations; potential acquistions of technology, products or businesses. |
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