NC Software Inc. is a business-to-business software company that develops, markets, licenses and supports predictive software solutions for various service industries, including insurance, financial services, telecommunications, commerce and retail industries.
Value
Total number of shares outstanding as of May 11, 2000 25,000,000
Price of each share of common stock on May 11, 2000 $45.19
Aggregate market value as of May 11, 2000 $1,129,750,000
Performance Record
For year ended on Dec. 31, 1999, in thousands, except per share data
1999 1998 1997
Revenues $216,889 $178,608 $113,735
Net Income (loss) ($6,272) $10,452 $17,565
Net Income (loss) per share ($0.25) $0.41 $0.72
Total assets $416,421 $283,914 $119,877
Directors
Edward Chandler, 42, has been a director of HNC since 1991. He is the managing director of Graystone Venture Partners, LLC.
Alex Hart, 59, has served as a director since 1998. He is an independent consultant to the financial services industry.
Thomas Farb, 43, has been a director of the company since 1987. He is a general partner and CFO of Summit Partners.
Charles Gaylord, Jr., 54, has been a director since 1995. He is a private technology investor.
John Mutch is the president and CEO of HNC Software. He was appointed to the board in December 1999.