0001144204-07-053110.txt : 20071005 0001144204-07-053110.hdr.sgml : 20071005 20071005163753 ACCESSION NUMBER: 0001144204-07-053110 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20071005 DATE AS OF CHANGE: 20071005 GROUP MEMBERS: COMVEST CAPITAL MANAGEMENT LLC GROUP MEMBERS: COMVEST GROUP HOLDINGS, LLC GROUP MEMBERS: MICHAEL S. FALK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNIFY CORP CENTRAL INDEX KEY: 0000880562 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770427069 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50205 FILM NUMBER: 071159832 BUSINESS ADDRESS: STREET 1: 181 METRO DR STREET 2: 3RD FL CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: 4084674500 MAIL ADDRESS: STREET 1: 181 METRO DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ComVest Capital, LLC CENTRAL INDEX KEY: 0001362707 IRS NUMBER: 510567247 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE NORTH CLEMATIS STREET STREET 2: SUITE 300 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 561-868-6060 MAIL ADDRESS: STREET 1: ONE NORTH CLEMATIS STREET STREET 2: SUITE 300 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 SC 13G/A 1 v089647_sc13ga.htm

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

SCHEDULE 13G

(Amendment No. 1)

Unify Corporation

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(Name of Issuer)

Common Stock, $.001 Par Value Per Share

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(Title of Class of Securities)

904743101

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(CUSIP Number of Class of Securities)

October 3, 2007

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(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule

is filed:

o RULE 13d-1(b)

x RULE 13d-1(c)

o RULE 13d-1(d)

CUSIP No. 902636109

Page 2 of 8 Pages


1	Name of Reporting PersonI.R.S. Identification No. of Above Person

	ComVest Capital LLC
2	Check the Appropriate Box if Member of a Group
		(a) o
		(b) x
3	SEC Use Only

4	Citizenship or Place of Organization:

	Delaware

	5	Sole Voting Power:

		0
Number of	6	Shared Voting Power:
Shares
Beneficially		1,101,220 Shares
Owned by	7	Sole Dispositive Power:
Each Reporting
Person With		0
	8	Shared Dispositive Power:

		1,101,220 Shares

9	Aggregate Amount Beneficially Owned by Each Reporting Person:

	1,101,220 Shares
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	(See Instructions)	o

11	Percent of Class Represented by Amount in Row (9)

	15.4% of Common Stock
12	Type of Reporting Person (See Instructions)

	OO

CUSIP No. 902636109

Page 3 of 8 Pages


1	Name of Reporting PersonI.R.S. Identification No. of Above Person

	ComVest Capital Management LLC
2	Check the Appropriate Box if Member of a Group
		(a) o
		(b) x
3	SEC Use Only

4	Citizenship or Place of Organization:

	Delaware

	5	Sole Voting Power:

		0
Number of	6	Shared Voting Power:
Shares
Beneficially		1,101,220 Shares
Owned by	7	Sole Dispositive Power:
Each Reporting
Person With		0
	8	Shared Dispositive Power:

		1,101,220 Shares

9	Aggregate Amount Beneficially Owned by Each Reporting Person:

	1,101,220 Shares
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	(See Instructions)	o

11	Percent of Class Represented by Amount in Row (9)

	15.4% of Common Stock
12	Type of Reporting Person (See Instructions)

	OO

CUSIP No. 902636109

Page 4 of 8 Pages


1	Name of Reporting PersonI.R.S. Identification No. of Above Person

	ComVest Group Holdings, LLC
2	Check the Appropriate Box if Member of a Group
		(a) o
		(b) x
3	SEC Use Only

4	Citizenship or Place of Organization:

	Delaware

	5	Sole Voting Power:

		0
Number of	6	Shared Voting Power:
Shares
Beneficially		1,101,220 Shares
Owned by	7	Sole Dispositive Power:
Each Reporting
Person With		0
	8	Shared Dispositive Power:

		1,101,220 Shares

9	Aggregate Amount Beneficially Owned by Each Reporting Person:

	1,101,220 Shares
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	(See Instructions)	o

11	Percent of Class Represented by Amount in Row (9)

	15.4% of Common Stock
12	Type of Reporting Person (See Instructions)

	OO

CUSIP No. 902636109

Page 5 of 8 Pages


1	Name of Reporting PersonI.R.S. Identification No. of Above Person

	Michael S. Falk
2	Check the Appropriate Box if Member of a Group
		(a) o
		(b) x
3	SEC Use Only

4	Citizenship or Place of Organization:

	Delaware

	5	Sole Voting Power:

		0
Number of	6	Shared Voting Power:
Shares
Beneficially		1,101,220 Shares
Owned by	7	Sole Dispositive Power:
Each Reporting
Person With		0
	8	Shared Dispositive Power:

		1,101,220 Shares

9	Aggregate Amount Beneficially Owned by Each Reporting Person:

	1,101,220 Shares
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares
	(See Instructions)	o

11	Percent of Class Represented by Amount in Row (9)

	15.4% of Common Stock
12	Type of Reporting Person (See Instructions)

	IN

Page 6 of 8 Pages

ITEM 1(a).

Name of Issuer:

ITEM 1(a).

Name of Issuer:

Unify Corporation

ITEM 1(b).

Address of Issuer's Principal Executive Offices:

2101 Arena Blvd., Suite 100, Sacramento, California 95834

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ITEM 2(a).

Names of Persons Filing:

ComVest Capital LLC ("ComVest")

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ComVest Capital Management LLC ("Management")

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ComVest Group Holdings, LLC ("CGH")

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Michael S. Falk

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ITEM 2(b).

Address of Principal Business Office or, if None, Residence:

One North Clematis, Suite 300, West Palm Beach, Florida 33401

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ITEM 2(c).

Citizenship:

Management, ComVest and CGH are Delaware Limited Liability Companies.

Michael S. Falk is a U.S. citizen.

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ITEM 2(d).

Title of Class of Securities:

Common Stock, $.001 Par Value Per Share

-------------------------------------------------------------------

ITEM 2(e).

CUSIP Number: 904743101

ITEM 3.

If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:

The reporting persons are a group for purposes of the filing of this statement.

ITEM 4.

Ownership:

(a) Amount beneficially owned by all reporting persons: 1,101,220 Shares

(b) Percent of class: 15.4% of Common Stock

(i)

sole power to vote or to direct the vote: 0 Shares

(ii)

shared power to vote or to direct the vote: 1,101,220 Shares

Page 7 of 8 Pages

(iii)

sole power to dispose or to direct the disposition: 0 Shares

(iv)

shared power to dispose or to direct the disposition: 1,101,220 Shares

ITEM 5.

Ownership of five percent or less of a class.

If this statement is being filed to reflect the fact that as of the date hereof the reporting person has ceased to be the owner of more than five percent of the class of securities, check the following: o.

ITEM 6.

Ownership of more than five percent on behalf of another person.

Not applicable.

ITEM 7.

Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company.

Not applicable.

ITEM 8.

Identification and classification of members of the group.

The reporting persons are a group for purposes of filing this Statement. See Exhibit 1 attached hereto.

ITEM 9.

Notice of dissolution of group.

Not applicable.

ITEM 10.

Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: October 5, 2007

ComVest Capital LLC

By:	ComVest Capital Management LLC, its managing member

	By:	/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez, Treasurer

ComVest Capital Management LLC

	By:	/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez, Treasurer

ComVest Group Holdings LLC

	By:	/s/ Cecilio M. Rodriguez Cecilio M. Rodriguez, Treasurer

	/s/ Michael S. Falk
	Michael S. Falk, individually

EX-99.1 2 v089647_ex99-1.htm

Exhibit 99.1

The name of the Reporting Person is ComVest Capital LLC, a Delaware limited liability company ("ComVest"). ComVest is a private investment company. The managing member of ComVest is ComVest Capital Management LLC, a Delaware limited liability company ("Management"), the managing member of which is ComVest Group Holdings, LLC, a Delaware limited liability company ("CGH"). Michael Falk ("Falk") is the Chairman and principal member of CGH. Falk is a citizen of the United States of America.