| Ticker: SMCI | 601 Valencia Avenue, Suite 100 | |
| Exchange: NASDAQ-National Market | Brea, California 92823 | |
| Industry: High-Tech | (714) 579-0412 |
| Type of Shares: | Common Shares | Filing Date: | 8/29/96 | |
| U.S. Shares: | 3,600,000 | Offer Date: | 10/25/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 2,750,000 | Offer Price: | $9.00 | |
| Secondary Shares: | 850,000 | Gross Spread: | $0.63 | |
| Offering Amount: | $32,400,000 | Selling: | $0.36 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Shares Out After: | 9,471,803 |
| Manager | Tier | Phone |
| Alex. Brown & Sons Incorporated | Lead Manager | (410) 727-1700 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: Deloitte & Touche | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $33.12 | $21.79 | $15.25 | Assets: | $22.60 |
| Net Income: | $1.36 | $0.81 | $0.62 | Liabilities: | $11.87 |
| EPS: | $0.17 | $0.10 | Equity: | $10.72 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading provider of commercial simulation software and related services to the process industries, including the petroleum, petrochemical and industrial chemicals process industries and the engineering and construction firms. The company's windows-based geographical user interface and simulation software products are designed to provide the information necessary to increase profitability by reducing capital investment costs, improving plant yields and enhancing management decision making. In addition, the company's Open Simulation Application Framework enables companies in the process industries to integrate their software with the company's and other third-party software, thereby maximizing their investments in existing technology. The company has over 500 customers throughout the process industries and has offices in seven countries supporting sales in over 70 countries worldwide. In February 1996, the company entered into a joint development agreement with Shell Oil Company to develop a new, real-time simulation and optimization software product. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes. |
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