4Front Software International, Inc. announces proposed public offering.LONDON--(BUSINESS WIRE)--April 17, 1996--4Front Software International, Inc. (Nasdaq Small-Cap Symbol: FFST FFST First Failure Support Technology FFST 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 for a proposed offering of 1,600,000 shares of Common Stock at an anticipated price between $4.00 and $6.00 per share. The Registration Statement covers an additional 240,000 shares, which are subject to the Underwriters' over-allotment option. All shares will be sold by the Company. The underwritten offering Underwritten offering A purchase and sale. will be managed by Kaufman Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) ., L.P. It is anticipated that the proposed sale to the public will commence in May 1996. A Registration Statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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. 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 (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. , 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 UK Ltd., Royal Dutch/Shell Group plc, Orange plc, British Telecom plc, Alcatel Data Networks Ltd., Sun Microsystems Corp., Cambridge University and the British Ministry of Defense. CONTACT: Mark Ellis or Ken Newell 4Front Software International, Inc. 011/44-1923-816266 or John Nesbett, ext. 101 Jason Thompson, ext. 124 Lippert/Heilshorn & Associates, Inc. 212/838-3777 |
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