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Last Updated: Sunday, October 13, 2013 03:04:36 AM
SofTech, Inc. SOFT Current Price and Quotes
Last Price 2.25
Previous Close 2.25 Open N/A
Daily Range N/A - N/A 52wk Range 4.25 - 1.61
Volume 0 Dividend N/A
Average Vol (3m) 1,183 Yield N/A
SofTech, Inc. SOFT
Company Information
59 Lowes Way
Ste 401
Lowell, MA 01851
Website: http://www.softech.com
Phone: 978-513-2700
Email: info@softech.com
SofTech, Inc. SOFT
SofTech, Inc. is a proven provider of product lifecycle management (PLM) solutions, including its ProductCenter? PLM solution and its computer-aided design product CADRA?.
SofTech?s solutions accelerate products and profitability by fostering innovation, extended enterprise collaboration, product quality improvements, and compressed time-to-market cycles. SofTech excels in its sensible approach to delivering enterprise PLM solutions, with comprehensive out-of-the-box capabilities, t...
SofTech, Inc. SOFT
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report May 31, 2013 10-K
CIK 0000354260
Fiscal Year End 5/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 7373 - Computer integrated systems design
Incorporated In: MA, USA
Year of Inc. 1969
Employees 41 a/o Aug 31, 2011
Company Officers/Contacts
Joe Mullaney CEO
Amy E. McGuire CFO
Company Directors
Not Available
Service Providers
Auditor/Accountant
Mcgladrey & Pullen LLP (MA)
80 City Square
Boston, MA, 02129
United States
Legal Counsel
Edwards Wildman Palmer
111 Huntington Ave.
Boston, MA, 02199
United States
Investor Relations Firm
Not Available
SofTech, Inc. SOFT
SOFT Security Details
Share Structure
Market Value1 $1,969,054 a/o Oct 11, 2013
Shares Outstanding 875,135 a/o Aug 20, 2013
Float 358,215 a/o Aug 20, 2012
Authorized Shares 20,000,000 a/o Dec 17, 2012
Par Value 0.1
Shareholders
Shareholders of Record 203 a/o Aug 28, 2013
Security Notes
New & Secondary Issue=512,750 shs at $10.50 by Hambrecht & Quist
Latest Addt'l & Secondary Issue=12-82 326,600 shs at $32 by Hambrecht & Quist
Capital Change=shs decreased by 1 for 20 split. Pay date=06/08/2011.
Short Selling Data
Short Interest 79 (0%)
Sep 30, 2013
Significant Failures to Deliver No
Transfer Agent(s)
SofTech, Inc. SOFT Financials
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2009
Total Revenue 6,358 6,435 6,867 9,498
Cost of Revenue 1,375 1,410 1,408 1,914
Gross Profit 4,983 5,025 5,459 7,584
Operating Expenses
Research and Development 1,087 1,243 1,614 1,814
Sales, General and Admin. 3,186 2,984 3,956 3,638
Non-Recurring Items - - - -
Other - - - -
Operating Income 710 798 (111) 2,132
Income From Continuing Operations
Add'l Income/Expense Items 7 (31) 67 (35)
Earnings Before Interest and Tax 717 767 (44) 2,097
Interest Expense 342 320 520 760
Earnings Before Tax 375 447 (564) 1,337
Income Tax 15 3 18 16
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 360 444 (582) 1,321
Non Recurring Events
Discontinued Operations - - 360 -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 360 444 (222) 1,321
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 360 444 (222) 1,321
SofTech, Inc. SOFT Recent News
Sept 30, 2013 SofTech Announces Special Meeting of Stockholders to be Held on October 9 for Proposed CADRA Sale
Sept 3, 2013 SofTech Agrees to Sell CADRA Product Line
Aug 29, 2013 SofTech Announces Q4 and FY 2013 Operating Results
SOFT SofTech, Inc. Research DD Guide
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