Advent to split
SAN FRANCISCO, Feb. 17 /PRNewswire/ -- Advent Software, Inc. (Nasdaq: ADVS) today announced that its Board of
Directors has approved a 2-for-1 common stock split. Shareholders on the record date of February 28, 2000 will be entitled
to one additional share for every share they own on that date. New shares will be issued by the company's transfer agent,
Boston EquiServe LP, on March 13, 2000. The date on which the split shares will be reflected on NASDAQ trading prices is
March 14, 2000. Advent Software, a Delaware Corporation, will effect the stock split in the form of a stock dividend.
Advent Software, Inc. is a leading provider of Enterprise Investment Management solutions, offering stand-alone and
client/server software products, data interfaces, and related services that automate and integrate mission-critical functions of
investment management organizations. Advent Office(TM), the industry's first and only Enterprise Investment Management
solution, enables investment firms to build a truly client-centric organization. Advent Office is a suite of complementary products
used to automate the entire range of investment management functions, including portfolio management, client relationship
management, trade order management, datawarehousing, partnership accounting, reconciliation management, and web-based
portfolio, performance and analytic reporting. Advent has licensed its products to more than 5,800 financial institutions in 36
countries for use by more than 60,000 concurrent users. The company's common stock is traded on the Nasdaq National
Market under the symbol ADVS. |
