For More Information Contact:
Scopus Technology, Inc
1900 Powell Street, Suite 700
Emeryville, CA 94608
(510) 597-5800
Ori Sasson, Chief Executive Officer.
William C. Leetham, Chief Financial Officer.
SCOPUS TECHNOLOGY, INC. ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK
Emeryville, California November 17, 1995 Scopus Technology, Inc. announces the initial
public offering of 2,400,000 shares of common stock, 1,865,000 of which were offered by
the Company and 535,000 of which were offered by certain shareholders. The initial public
offering price was $12 per share. In addition, the Company granted the underwriters an
overallotment option to purchase up to an additional 360,000 shares. The proceeds of the
offering are expected to be used for working capital and other general corporate purposes.
The shares were offered by an underwriting group lead managed by Morgan Stanley & Co. Incorporated,
and co-managed by Montgomery Securities and UBS Securities Inc.
Scopus is a leading provider of client/server software solutions for the customer information management market. The Company's applications, Scopus SupportTEAM, Scopus QualityTEAM and Scopus SalesTEAM, automate external customer support and internal help desk support, the product change management process and sales and marketing activities.
A copy of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. Incorporated, 1585 Broadway, New York, New York 10036, (212) 703-4000, Montgomery Securities, 600 Montgomery Street, San Francisco, California 94111, (415) 627-2000 or UBS Securities Inc., 555 California Street, Suite 4600, San Francisco, California, 94104, (415) 352-5500.