IPO Company Profile
SEC Filings | Peer IPO Companies
Applied Systems, Inc.
200 Applied Parkway, University Park, IL 60466 * (708) 534-5575

The company is a leading designer, developer and marketer of automation software for independent insurance agencies.

Primary Underwriting Group
ManagerTierPhone
William Blair & CompanyLead Manager (312) 364-8990
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Filing Information
NASNTL:APPS High-Tech: SIC 7373
Type of Shares:Common Shares Filing Date:7/20/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $36,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:1100

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Sidley & Austin
Bank's Law Firm: Latham & Watkins
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$76.07$22.04$16.82Assets:$32.71
Net Income:$8.49$2.11$0.52Curr Assets:$23.63
EPS:Liabilities:$31.70
Prior EPS:Curr Liab:$31.53
Cash Flow/Oper:$6.58$5.65$1.71Equity:$1.01
Cash Flow/Fin:-$3.02-$1.11-$0.37Cash:$7.90
Cash Flow/Inv:-$0.94-$1.02$0.40Working Cap:-$7.90

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including working capital, product development and possible acquisitions.

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