ACCPAC International, Inc, a subsidiary of Computer Associates International, Inc, announced today that it has filed a registration statement with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering of common stock.
All of the shares are being offered by ACCPAC International, Inc. The offering will be managed by RBC Capital Markets, SoundView Technology Group and Adams, Harkness & Hill, Inc.
ACCPAC provides a broad range of end-to-end business management applications designed for small and mid-size businesses. Available applications include accounting, customer relationship management, human resource management, manufacturing, warehouse management and e-commerce.
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 release 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
When available, a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be obtained from the prospectus department at RBC Capital Markets, RBC Dain Rauscher Plaza, 60 South Sixth Street, Minneapolis, MN 55402.
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