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Astea International Inc. Announces Filing with SEC for Initial Public Offering.


CHALFONT, Pa.--(BUSINESS WIRE)--May 30, 1995--Astea International Inc. announced today that it filed a Registration Statement with the Securities and Exchange Commission regarding an initial public offering of 2,800,000 shares of its Common Stock.

All of the shares of Common Stock are being sold by the Company. The offering is expected to be made at a price to the public in the range of $10 to $12 per share. The offering will be sold through underwriters led by Alex, Brown & Sons Incorporated and Montgomery Securities. The underwriters will have an option to purchase up to 420,000 additional shares of Common Stock from the Company and selling stockholders solely to cover over-allotments, if any.

Astea International Inc., a customer interaction software development company headquartered in Chalfont, Pennsylvania Chalfont is a borough in Bucks County, Pennsylvania, United States. The population was 3,977 at the 2000 census.

Chalfont is named after Chalfont St Giles in Buckinghamshire also known as Bucks County, England.
, provides organizations of all sizes across a range of industries with software applications for automating their field service and customer support operations.

A registration statement relating to relating to relate prepconcernant

relating to relate prepbezüglich +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 communication shall not constitute an offer to sell or the solicitation solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.

A copy of the preliminary prospectus Preliminary Prospectus

A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders
 may be obtained from the office of Alex, Brown & Sons Incorporated, 135 E. Baltimore Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745.  Street, Baltimore, MD 21202, Attention Prospectus Clerk, or Montgomery Securities, 600 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94111.

CONTACT: Keith Larson

Astea International Inc.

(617) 275-5440
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 30, 1995
Words:293
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