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FOURTH SHIFT CORPORATION COMMENCES INITIAL PUBLIC STOCK OFFERING

 MINNEAPOLIS, July 14 /PRNewswire/ -- FOURTH SHIFT Corporation (NASDAQ: FSFT) announced today that its registration statement was declared effective by the Securities and Exchange Commission. The offering consists of 3.05 million shares of common stock at a price of $6.50 per share. The lead underwriters are Piper Jaffray Inc. and Volpe, Welty & Company.
 The company's common stock is trading on the NASDAQ system under the symbol FSFT.
 FOURTH SHIFT Corporation is a leading developer and marketer of client/server application software for industrial planning and manufacturing management. The company offers two complementary product lines that operate in the emerging open system computing environments: the Manufacturing Software Series for DOS/Windows/NetWare and the JIT Enterprise System for UNIX/Oracle.
 -0- 7/14/93
 /CONTACT: Jeff Traynor, CFO; or Jim Lahner, advertising and PR manager, both of FOURTH SHIFT, 612-851-1900/
 (FSFT)


CO: FOURTH SHIFT Corporation ST: Minnesota IN: CPR SU: OFR

KH -- MN013 -- 1669 07/14/93 18:45 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 14, 1993
Words:160
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