| Melita International Corporation | |||
| Ticker: | MELI | 5051 Peachtree Corners Circle | |
| Exchange: | NASDAQ-National Market | Norcross, GA 30092 | |
| Industry: | Manufacturing (SIC Code 3661) | (770) 239-4000 | |
| Type of Shares: | Common Shares | Filing Date: | 3/6/97 | |
| U.S. Shares: | 3,500,000 | Offer Date: | 6/5/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 3,500,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $31,500,000 | Selling: | ||
| Expenses: | - | Reallowance: | ||
| Shares Out After: | 14,643,395 |
| Manager | Tier | Phone |
| Montgomery Securities | Lead Manager | (415) 627-2100 |
| Issuer's Law Firm: | Morris, Manning & Martin |
| Bank's Law Firm: | Hale and Dorr |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $47.54 | Assets: | $27.07 | ||
| Net Income: | $4.78 | Curr Assets: | |||
| EPS: | $0.42 | Liabilities: | $16.20 | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | $9.27 | Equity: | $10.87 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading provider of customer contact and call management systems that enable businesses to automate call center activities and enhance their telephony-based customer interaction. The company's principal product, PhoneFrame CS, is used by organizations to increase agent productivity, reduce the costs of call center operations and enhance revenue-generating capabilities for a broad range of activities, including debt collection, telemarketing and customer service. PhoneFrame CS is an innovative, comprehensive call center solution based on client/server software that integrates with industry standard computing and telephony infrastructures. The company's customers include leading organizations in industries such as banking, financial services, retail communications and others, where businesses are engaged in frequent telephone contact with customers or prospects. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the repayment of notes payable to the company's principal shareholder, payment of undistributed S Corporation earnings and general corporate purposes and working capital. |