-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ocw7yLjG64TZUmW3zWy3cJPmgE2SVn9HuhPreci51HjH4nlsWOCblC8AMmDI9k/5 pKgLoqkYzcr20FXWpG/h/A== 0000900577-95-000024.txt : 19951214 0000900577-95-000024.hdr.sgml : 19951214 ACCESSION NUMBER: 0000900577-95-000024 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19951213 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOFTWARE DEVELOPERS CO INC/DE/ CENTRAL INDEX KEY: 0000840824 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 042911320 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40775 FILM NUMBER: 95601333 BUSINESS ADDRESS: STREET 1: 90 INDUSTRIAL PARK RD CITY: HINGHAM STATE: MA ZIP: 02043 BUSINESS PHONE: 6177400101 MAIL ADDRESS: STREET 1: 90 INDUSTRIAL PARK ROAD CITY: HINGHAM STATE: MA ZIP: 02043 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EDISON VENTURE FUND II LP CENTRAL INDEX KEY: 0000949310 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 223069982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PRINCETON PIKE CORPORATE CENTER STREET 2: 997 LENOX DRIVE #3 CITY: LAWRENCEVILLE STATE: NJ ZIP: 08648 BUSINESS PHONE: 6098961900 MAIL ADDRESS: STREET 1: PRINCETON PIKE CORPORATE CENTER STREET 2: 997 LENOX DRIVE #3 CITY: LAWRENCEVILLE STATE: NJ ZIP: 08648 SC 13D/A 1 1 OF 20 OMB APPROVAL UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Expires: October 31, 1997 Washington, D.C. 20549 Estimated average burden hours per response...14.9 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* The Software Developer's Company, Inc. (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 83403F (CUSIP Number) Richard D. Forrest, Esq. c/o Testa, Hurwitz & Thibeault 125 High Street, High Street Tower, Boston, MA 02110; (617) 248-7782 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 30, 1995 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box __ . Check the following box if a fee is being paid with the statement __. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 2 of 20 Pages __________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edison Venture Fund, L.P. 22-2725572 ____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ ____________________________________________________________________ 3 SEC USE ONLY ____________________________________________________________________ 4 SOURCE OF FUNDS* N/A ____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ____________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF _____________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 580,985 OWNED BY _____________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _____________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 580,985 ____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 580,985 ____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6% ____________________________________________________________________ 14 TYPE OF REPORTING PERSON * PN ____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 3 0F 20 SCHEDULE 13D CUSIP NO. 83403F Page 3 of 20 Pages _____________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edison Venture Fund II, L.P. 22-3069982 _____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ _____________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________ 4 SOURCE OF FUNDS* N/A _____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS _____ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF ______________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 774,825 OWNED BY ______________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ______________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 774,825 _____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 774,825 _____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* _____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.2% _____________________________________________________________________ 14 TYPE OF REPORTING PERSON * PN _____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 4 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 4 of 20 Pages _____________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edison Venture Fund II - Pa, L.P. 22-3082055 _____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ _____________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________ 4 SOURCE OF FUNDS* N/A _____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS _____ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania _____________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF 0 SHARES ______________________________________________________ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 148,970 EACH ______________________________________________________ REPORTING 9 SOLE DISPOSITIVE POWER PERSON 0 WITH ______________________________________________________ 10 SHARED DISPOSITIVE POWER 148,970 _____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 148,970 _____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* _____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0% _____________________________________________________________________ 14 TYPE OF REPORTING PERSON * PN _____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 5 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 5 of 20 Pages _____________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edison Partners, L.P. 22-2703711 _____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ _____________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________ 4 SOURCE OF FUNDS* N/A _____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS ______ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF _______________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 580,985 OWNED BY _______________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _______________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 580,985 _____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 580,985 _____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* _____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6% _____________________________________________________________________ 14 TYPE OF REPORTING PERSON * PN _____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 6 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 6 of 20 Pages _____________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edison Partners II, L.P. 22-3069978 _____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) _____ (b) _____ ____________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________ 4 SOURCE OF FUNDS* N/A _____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS _____ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF ______________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 923,795 OWNED BY ______________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ______________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 923,795 _____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 923,795 _____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* _____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.1% _____________________________________________________________________ 14 TYPE OF REPORTING PERSON * PN _____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 7 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 7 of 20 Pages _____________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON John H. Martinson ###-##-#### _____________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) _____ (b) _____ _____________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________ 4 SOURCE OF FUNDS* N/A _____________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS ______ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. _____________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF ______________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 1,504,780 OWNED BY ______________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ______________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 1,504,780 _____________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,504,780 _____________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* _____________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.5% _____________________________________________________________________ 14 TYPE OF REPORTING PERSON * IN _____________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 8 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 8 of 20 Pages ______________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Richard J. Defieux ###-##-#### ______________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ ______________________________________________________________________ 3 SEC USE ONLY ______________________________________________________________________ 4 SOURCE OF FUNDS* N/A ______________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS ____ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ______________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. ______________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF _______________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 1,504,780 OWNED BY _______________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _______________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 1,504,780 ______________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,504,780 ______________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ____ CERTAIN SHARES* ______________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.5% ______________________________________________________________________ 14 TYPE OF REPORTING PERSON * IN ______________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 9 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 9 of 20 Pages _______________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gustav H. Koven, III ###-##-#### _______________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ _______________________________________________________________________ 3 SEC USE ONLY _______________________________________________________________________ 4 SOURCE OF FUNDS* N/A _______________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS ___ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _______________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. _______________________________________________________________________ 7 SOLE VOTING POWER 12,542 NUMBER OF ________________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 1,504,780 OWNED BY ________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 12,542 PERSON ________________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 1,504,780 _______________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,517,322 _______________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ___ CERTAIN SHARES* _______________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.7% _______________________________________________________________________ 14 TYPE OF REPORTING PERSON * IN _______________________________________________________________________ SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 10 OF 20 SCHEDULE 13D CUSIP NO. 83403F Page 10 of 20 Pages ________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Thomas A. Smith ###-##-#### ________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ____ (b) ____ ________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________ 4 SOURCE OF FUNDS* N/A ________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS _______ REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. ________________________________________________________________________ 7 SOLE VOTING POWER 0 NUMBER OF _________________________________________________________ SHARES 8 SHARED VOTING POWER BENEFICIALLY 923,795 OWNED BY _________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON _________________________________________________________ WITH 10 SHARED DISPOSITIVE POWER 923,795 ________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 923,795 ________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES ___ CERTAIN SHARES* ________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.1% ________________________________________________________________________ 14 TYPE OF REPORTING PERSON * IN ________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 11 OF 20 Item 1. Security and Issuer. (a) This statement relates to common stock, par value $.01 per share ("Common Stock"), of The Software Developer's Company, Inc., a Delaware corporation (the "Issuer" or the "Company"). (b) The principal executive offices of the Issuer are located at 90 Industrial Park Road, Hingham, Massachusetts 02043. Item 2. Identity and Background. (a) This statement is being filed by: Edison Venture Fund, L.P., ("Edison"); Edison Venture Fund II, L.P. ("Edison II"); Edison Venture Fund II-Pa, L.P., ("Edison II- PA"); Edison Partners, L.P. ("Edison Partners"), which is the sole general partner of Edison; Edison Partners II, L.P. ("Edison Partners II") which is the sole general partner of Edison II and Edison II-PA; John H. Martinson; Richard J. Defieux; Gustav H. Koven, III and Thomas A. Smith (collectively, the "General Partners"). Messrs. Martinson, Defieux and Koven are the individual general partners of Edison Partners. Messrs. Martinson, Defieux, Koven and Smith are the individual general partners of Edison Partners II. The General Partners, Edison, Edison II, Edison II-PA, Edison Partners and Edison Partners II collectively are referred to as the "Reporting Persons." Martin G. Chilek, who has served as a general partner of Edison Partners II, submitted a notice of resignation to Edison Partners II on December 1, 1995. The effetive date of his resignation is expected to be approximately December 18, 1995, at which time he will cease to be deemed a beneficial owner of more than five percent of the class of securities. (b) The principal business address of the Reporting Persons is 997 Lenox Drive #3, Lawrenceville, NJ 08648. (c) The principal business of Edison, Edison II and Edison II-PA is to invest in and assist expansion stage, technology companies located principally in the United States. The principal business of Edison Partners is to act as the sole general partner of Edison. The principal business of Edison Partners II is to act as sole general partner of Edison II and Edison II-PA. The principal occupation of each of the General Partners is his activity on behalf of Edison, Edison II, Edison II-PA, Edison Partners, or Edison Partners II, as the case may be. (d) & (e) During the five years to the date hereof, neither Edison, Edison II, Edison II-PA, Edison Partners, Edison Partners II nor any of the General Partners has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. 12 OF 20 (f) Each of Edison, Edison II, Edison Partners, and Edison Partners II is a limited partnership organized under the laws of the State of Delaware. Edison II-PA is a limited partnership organized under the laws of the Commonwealth of Pennsylvania. Each of the General Partners is a United States citizen. Item 3. Source and Amount of Funds or Other Consideration. On June 26, 1991 the Issuer completed a $2,000,000 private placement of Preferred Stock. The issuer sold 71,507 shares of Series A Preferred Stock to Edison for a purchase price of $772,275.60, 95,343 shares of Series A Preferred Stock to Edison II for a purchase price of $1,029,704.40, and 18,335 shares of Series A Preferred Stock to Edison II-PA for a purchase price of $198,018.00. On August 22, 1991 Edison acquired from the Issuer an additional 5,959 shares of Series A Preferred Stock for a purchase price of $64,357.20, Edison II acquired from the Issuer an additional 7,945 shares of Series A Preferred Stock for a purchase price of $85,806.00, and Edison II-PA acquired from the Issuer an additional 1,528 shares of Series A Preferred Stock for a purchase price of $16,502.40. On October 18, 1993, each share of Series A Preferred Stock was convertible into approximately 3.48 shares of the Issuer's Shares. On August 22, 1991, Mr. Bruce Lynch ("Lynch"), the Issuer's founder sold 44,384 of the Issuer's Shares to Edison for a purchase price of $128,713.60, 59,178 of the Issuer's Shares to Edison II for a purchase price of $171,616.20, and 11,381 of the Issuer's Shares to Edison II- PA for a purchase price of $33,004.90. In addition, on April 10, 1992 Lynch sold 16,990 of the Issuer's Shares to Edison for a purchase price of $38,227.50, 22,654 of the Issuer's Shares to Edison II for a purchase price of $50,971.50, and 4,356 of the Issuer's Shares to Edison II-PA for a purchase price of $9,801.00. On October 19, 1993, the Issuer completed a $905,968 private placement of Series C Preferred Stock pursuant to which the Issuer sold 66,182 shares of Series C Preferred Stock to Edison for a purchase price of $66,182, 88,242 shares of Series C Preferred Stock to Edison II for a purchase price of $88,242, and 16,970 shares of Series C Preferred Stock to Edison II-PA for a purchase price of $16,970. Each share of Series C Preferred Stock is currently convertible into one share of the Issuer's Shares. Pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, each of Edison, Edison II, and Edison II-PA are deemed to beneficially own the number of Shares into which each of its respective shares of Series C Preferred Stock is convertible. In connection with the sale by the Issuer on October 19, 1993 of Series C Preferred Stock, the Issuer also consummated a recapitalization pursuant to which the Issuer issued 7.2 shares of its Shares in exchange for each outstanding share of Series A Preferred Stock. Pursuant to the recapitalization, Edison surrendered 77,466 shares of series A Preferred Stock in exchange for 557,755 Shares, Edison II surrendered 103,288 shares of Series A Preferred Stock in exchange for 743,674 Shares, and Edison II-PA surrendered 19,863 shares of Series A Preferred Stock in exchange for 143,014 Shares. 13 OF 20 For the period of October 25, 1995 through November 30, 1995 Edison sold 104,326 of the Issuer's Shares for the amount of $274,337.00, Edison II sold 138,923 of the Issuer's Shares for the amount of $365,309.00 and Edison II- PA sold 26,751 of the Issuer's Shares for the amount of $70,346.00. Item 4. Purpose of Transaction. Edison, Edison II and Edison II-PA sold an aggregate total of 270,000 shares from October 25, 1995 through November 30, 1995 after concluding that such sale was consistent with overall portfolio management objectives and consistent with their original investment objectives at the time of making the initial investment. Edison, Edison II and Edison II-PA are continuing to monitor market conditions and may pursue additional sales from time to time, although there can be no assurance of the total number of shares to be sold. Edison, Edison II and Edison II-PA sold the Issuer's Shares in the ordinary course of business and not with any purpose of changing control of the Issuer. Edison, Edison II and Edison II-PA currently intend to hold their remaining securities for investment, but may, at some future time depending on market conditions and other factors, acquire additional securities (through one or more market purchases or purchases in private transactions) or dispose of all or a portion of the securities which it now owns or hereafter may acquire (through one or more market or private transactions or distributions to partners in accordance with their partnership agreements). Except as set forth above, Edison, Edison II and Edison II-PA do not have any present plans or proposals which relate to or would result in any of the actions describe in paragraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of Issuer. (a) Edison owns beneficially and of record securities currently convertible into or exercisable for 580,985 shares of Common Stock. Edison II owns beneficially and of record securities currently convertible into or exercisable for 774,825 shares of Common Stock. Edison II-PA owns beneficially and of record securities currently convertible into or exercisable for 148,970 shares of Common Stock. Edison Partners, the sole general partner of Edison, and Martinson, Defieux and Koven, the general partners of Edison Partners, may be deemed to beneficially own the securities held by Edison. Edison Partners II, the sole general partner of Edison II and Edison II-PA, and the General Partners, the general partners of Edison Partners II, may be deemed to beneficially own the securities held by Edison II and Edison II-PA. Percent of Class: Edison owns benefically 7.6% of the Common Stock of the Issuer. Edison II owns beneficially 10.2% of the Common Stock of the Issuer. Edison II-PA owns beneficially 2.0% of the Common Stock of the Issuer. Edison Partners may be deemed to beneficially own 7.6% of the Common Stock of the Issuer. Edison Partners II and Smith may be deemed to beneficially own 12.1% of the Common Stock of the Issuer. Martinson and Defieux may be deemed to own 19.5% of the Common Stock of the Issuer. Koven may be deemed to own 19.7% of the Common Stock of the Issuer. 14 OF 20 The percentages are based on the 7,529,011 shares of Common Stock reported to be outstanding on the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 1995, including as outstanding for the purpose of such calculation the shares of Common Stock Edison, Edison II or Edison II-PA may have any right to acquire within 60 days. Gustav H. Koven, III is the record owner of options to purchase 37,042 shares of Common Stock, of which options to purchase 12,542 shares of Common Stock are currently exercisable within sixty days. None of the General Partners, Edison, Edison II, Edison II-PA, Edison Partners or Edison Partners II beneficially owns any other shares of Common Stock. Each of the General Partners hereby disclaims any beneficial ownership in any securities except to the extent of his pecuniary interest therein. (b) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Edison, 0; Edison II, 0; Edison II-PA, 0; Edison Partners, 0; Edison Partners II, 0; Martinson, 0; Defieux, 0; Smith 0; and Koven, 12,542. (ii) shared power to vote or to direct the vote: Edison, 580,985; Edison II, 774,825; Edison II-PA, 148,970; Edison Partners, 580,985; Edison Partners II, 923,795; Martinson, 1,504,780; Defieux, 1,504,780; Koven, 1,504,780; and Smith, 923,795. (iii) sole power to dispose or to direct the disposition of: Edison II, 0; Edison II, 0; Edison II-PA, 0; Edison Partners, 0; Edison Partners II, 0; Martinson, 0; Defieux, 0; Smith, 0; and Koven, 12,542. (iv) shared power to dispose or to direct the disposition of: Edison, 580,985; Edison II, 774,825; Edison II-PA, 148,970; Edison Partners, 580,985; Edison Partners II, 923,795; Martinson, 1,504,780; Defieux, 1,504,780; Koven, 1,504,780; and Smith, 923,795. (c) None of the General Partners, Edison, Edison II, Edison II-PA, Edison Partners or Edison Partners II have effected any transactions in the Common Stock during the past sixty (60) days except for the transactions as reported herein. (d) No other interested persons. 15 OF 20 (e) Martin G. Chilek, who has served as a general partner of Edison Partners II, submitted a notice of resignation to Edison Partners II on December 1, 1995. The effective date of his resignation is expected to be approximately December 18, 1995, at which time he will cease to be deemed a beneficial owner of more than five percent of the class of securities. Edison II-PA ceased to be the beneficial owner of more than five percent of the class of securities on November 30, 1995. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Gustav H. Koven, III is a member of the Board of Directors of the Issuer. (a) Voting Agreement dated as of October 19, 1993 by and among the Issuer, Edison, Edison II, Edison II-PA, and certain other investors.* (b) Issuer's Certificate of Designations, Preferences, and Rights of Series C Preferred Stock dated as of October 19, 1993 by and among Edison, Edison II, Edison II-PA, and certain other investors.* (c) Series C Stock Purchase, Recapitalization and Exchange Agreement dated as of October 19, 1993 by and among the Issuer, Edison, Edison II, Edison II-PA, and certain other investors.* Except as described elsewhere herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among Edison, Edison II, Edison II-PA, Edison Partners, Edison Partners II and the General Partners or between any such persons and any other person with respect to the transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses or the giving or withholding of proxies. Item 7. Material to be Filed as Exhibits. Exhibit I - Joint Filing Agreement Pursuant to Rule 3d- 1(f)(iii). * Originally filed as an Exhibit to Schedule 13D dated June 26,1991 as amended by Amendment No. 1 to Schedule 13D dated August 22, 1991, Amendment No. 2 to Schedule 13D dated January 29, 1992, Amendment No. 3 to Schedule 13D dated April 10, 1992, and Amendment No. 4 to Schedule 13D dated October 19, 1993 by the parties hereto, which, along with the amendment, is incorporated herein by reference. 16 OF 20 SIGNATURE After reasonable inquiry and as to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: December 13, 1995 EDISON VENTURE FUND, L.P. By: Edison Partners, L.P., General Partner By: /s/ Gustav H. Koven, III General Partner EDISON VENTURE FUND II, L.P. By: Edison Partners II, L.P, General Partner By: /s/ Gustav H. Koven, III General Partner EDISON VENTURE FUND II - PA, L.P. By: Edison Partners II, L.P., General Partner By: /s/ Gustav H. Koven, III General Partner EDISON PARTNERS, L.P. By: /s/ Gustav H. Koven, III General Partner EDISON PARTNERS II, L.P. By: /s/ Gustav H. Koven, III General Partner /s/ John H. Martinson John H. Martinson /s/ Richard J. Defieux Richard J. Defieux /s/ Gustav H. Koven, III Gustav H. Koven, III /s/Thomas A. Smith Thomas A. Smith 17 OF 20 /s/ Martin G. Chilek Martin G. Chilek 18 OF 20 EXHIBIT I Agreement Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required on Schedule 13D, as amended, need be filed with respect to ownership by each of the undersigned of capital stock of The Software Developer's Company, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Dated: December 13, 1995 EDISON VENTURE FUND, L.P. By: Edison Partners, L.P., General Partner By: /s/ Gustav H. Koven, III General Partner EDISON VENTURE FUND II, L.P. By: Edison Partners II, L.P., General Partner By: /s/ Gustav H. Koven, III General Partner EDISON VENTURE FUND II - PA, L.P. By: Edison Partners II, L.P., General Partner By: /s/ Gustav H. Koven, III General Partner EDISON PARTNERS, L.P. By: /s/ Gustav H. Koven, III General Partner EDISON PARTNERS II, L.P. By: /s/ Gustav H. Koven, III General Partner /s/ John H. Martinson John H. Martinson /s/ Richard J. Defieux Richard J. Defieux 19 0F 20 /s/ Gustav H. Koven, III Gustav H. Koven, III /s/ Thomas A. Smith Thomas A. Smith 20 OF 20 /s/ Martin G. Chilek Martin G. Chilek -----END PRIVACY-ENHANCED MESSAGE-----