| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| SCC Communications Corp. |
| 6285 Lookout Road, Boulder, CO 80301 * (303) 581-5600 |
| The company is the leading provider of 9-1-1 operations support systems services to incumbent local exchange carriers, competitive local exchange carriers and wireless carriers in the United States. |
| Manager | Tier | Phone |
| BancAmerica Robertson Stephens | Lead Manager | (415) 989-8500 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| NASNTL: | SCCX | High-Tech: | SIC 7374 | |
| Type of Shares: | Common Shares | Filing Date: | 4/9/98 | |
| U.S. Shares: | 3,300,000 | Offer Date: | 6/23/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 2,100,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 1,200,000 | Gross Spread: | $0.84 | |
| Offering Amount: | $46,200,000 | Selling: | $0.48 | |
| Expenses: | $800,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 10,442,007 | |||
| Employees: | 247 |
| Issuer's Law Firm: | Brobeck, Phleger & Harrison |
| Bank's Law Firm: | Foley Hoag & Eliot |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $27.07 | Assets: | $18.61 | ||
| Net Income: | -$2.91 | Curr Assets: | $6.05 | ||
| EPS: | $0.83 | Liabilities: | $32.97 | ||
| Prior EPS: | $0.15 | Curr Liab: | $10.02 | ||
| Cash Flow/Oper: | $5.38 | Equity: | -$14.37 | ||
| Cash Flow/Fin: | -$0.72 | Cash: | $2.50 | ||
| Cash Flow/Inv: | -$2.19 | Working Cap: | -$3.97 | ||
| Competition |
| The market for 9-1-1 OSS solutions is intensely competitive and the Company expects competition to increase in the future. The Company believes that the principal competitive factors affecting the market for 9-1-1 OSS services include flexibility, reliability, manageability, technical features, wireless support, performance, ease of use, price, scope of product offerings, and customer service and support. Although the Company believes that its solution competes favorably with respect to such factors, there can be no assurance that the Company can maintain its competitive position against current and potential competitors, especially those with significantly greater financial, marketing, support service, technical and other competitive resources. The Company's principal competitors generally fall within one of three categories: internal development departments of major carriers or consulting firms that support such departments; relatively smaller companies that offer applications with limited scope; and larger companies that are either in the process of entering the Company's market or have the potential to develop products and services that compete with the Company's service offerings. |
| Business Plan |
| The Company's objective is to be the leading national provider of 9-1-1 OSS and other complementary services to ILECs, CLECs and wireless carriers. SCC focuses on developing innovative and automated solutions to provide customers with a comprehensive system for managing large amounts of dynamic subscriber information. Key elements of the Company's strategy are to: (I) Maintain and Extend Leadership Position in Wireline 9-1-1 Data Management Market, (ii) Capitalize on Emerging Wireless Carrier Opportunities, (iii) Maintain and Extend Leadership Position in National Clearinghouse Services, (iv) Provide Additional Services to Telecommunications Carriers, (v) Develop Applications for New Commercial Products and (vi) Expand International Operations. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of certain indebtedness, working capital and other general corporate purposes and possible acquisitions. |