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Software Technologies Corporation
404 East Huntington Drive, Monrovia, CA 91016 * (626) 471-6000
Business Description The company�s e*Gate systems integration software lets customers connect applications, databases or systems, and manage trading partner exchanges and perform other functions within various enterprises.
Offering
Information

Company has
gone public

Trading As  STCS (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered  Common Shares Filing Date  2/18/00
Domestic Shares Offered  4,000,000 Offer Date  4/27/00
Foreign Shares Offered  0 Filing Range  $12.00 - $14.00
Company Shares  4,000,000 Offer Price  $12.00
Selling Shrhldrs Shares  0 Gross Spread  $0.840
Gross Proceeds  $48,000,000 Selling  $0.470
Expenses  - - Reallowance  $0.100
Post-IPO Shares  67,340,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Morgan Stanley Dean Witter Lead Manager (212) 761-5900
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
Merrill Lynch & Co. Co-manager (212) 449-4600
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data     12/31/97 12/31/98 12/31/99    
Revenues   - - 26.699 37.461 55.171 - -
Income from Oper.   - - 0.779 -11.259 -25.296 - -
Net Income   - - 0.506 -11.243 -25.811 - -
E.P.S   - - 0.010 -0.270 -0.610 - -
Revenue Growth (%)      - - 40.31 47.276   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - 2.92 - - - -
Net Profit Margin (%)    - - 1.90 - - - -
Cash Flow - Oper.     -21.88 - -
Cash Flow - Inv.     -4.37 - -
Cash Flow - Fin.     24.75 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    29.85 Current Assets    21.68 Current Ratio    0.92
Total Liab.    58.27 Current Liab.    23.59 Debt Ratio    195.21%
Total Equity    -28.42 Working Cap.    -1.92 Debt to Equity Ratio    -
Cash    1.57    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Cooley Godward Castro Huddleson & Tatum
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  Ernst & Young
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Norwest Venture Partners VI, L.P. 12.00  
Storie Partners, L.P. 8.60  
InSight Capital Partners 3.90  
Andersen Consulting LLP 1.70  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:57:14 AM
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