4FRONT SOFTWARE INTERNATIONAL, INC. INCREASES PROPOSED PUBLIC OFFERING; First Albany to Join Kaufman Bros. in Managing the Offering.LONDON--(BUSINESS WIRE)--May 23, 1996--4Front Software International, Inc. (Nasdaq Small-Cap Symbol: FFST FFST First Failure Support TechnologyFFST Fat Free Soft Tissue FFST Full and Flat Square Tube (Cathode Ray Tube design) ) today announced that it has filed with the Securities and Exchange Commission a Registration Statement to increase the size of its proposed public offering of Common Stock to 3,000,000 shares from the previously announced amount of 1,600,000 shares. All shares will be sold by the Company. Additionally, the Company announced that First Albany Corporation will join Kaufman Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) ., L.P. as a managing underwriter Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. for the offering. 4Front Software International, Inc., a UK-based specialized computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. company provides a wide range of specialized high-end information technology solutions and services principally to Financial Times UK Top 500 companies and government authorities. The Company provides key elements of distributed computing, including systems development and integration, storage and client-server solutions and products, as well as extensive hardware and software support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . The Company's customers include National Westminister Bank plc, British Aerospace plc, Oracle Corporation, Royal Dutch/Shell Group plc, Orange plc, Cambridge University and the British Ministry of Defense. A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the prospectus may be obtained from: Kaufman Bros., L.P., 800 Third Avenue, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10022, Telephone: (212) 292-4200 or from First Albany Corporation, Exchange Place, 53 State Street, Boston, MA, 02109, Telephone: (617) 228-3000. CONTACT: Lippert/Heilshorn & Associates Investor Relations Investor relations The process by which the corporation communicates with its investors. : John Nesbett, ext. 101 Jason Thompson, ext. 124 212/838-3777 or 4Front Software International, Inc. Mark Ellis or Ken Newell, 011/44-1923-816266 |
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