Logic Works, Inc. announces initial public offering.

PRINCETON, N.J.--(BUSINESS WIRE)--Oct. 17, 1995--Logic Works, Inc. (Nasdaq National Market symbol: LGWX) announced today the commencement of an initial public offering of 3.2 million shares of its common stock at a price of $11 per share.

Of the 3.2 million shares being offered, 2.6 million shares are being sold by Logic Works, Inc. and 600,000 shares are being sold by certain selling stockholders.

Logic Works, Inc. and certain selling stockholders have granted an option to purchase an aggregate of 480,000 shares to the underwriters solely to cover over-allotments. The offering is being managed by Morgan Stanley & Co. Inc., Hambrecht & Quist LLC and Robertson, Stephens & Co., L.P.

Logic Works, Inc. is a leading provider of client/server database design and business process re-engineering software solutions.

Copies of the final prospectus related to the offering may be obtained by contacting Morgan Stanley & Co. Inc., 1585 Broadway, N.Y., N.Y. 10036-8293, 212/761-6775 or 212/761-0211 (fax); Hambrecht & Quist LLC, One Bush Street, San Francisco, Calif., 94104, 415/576-3423 or 415/576-3370 (fax); and Robertson, Stephens & Co., L.P., 555 California Street, Suite 2600, San Francisco, Calif. 94104, 415/989-8500 or 415/693-3226 (fax).

CONTACT: Logic Works, Inc., Princeton

Mark Finkel, CFO, 609/252-2818


Thomas Associates Inc.

Joanne Marlin, 914/697-4787

See More

Business Directory Listings