-----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, WOA/x2f9SV9Rx6clg722l3X83SrQDYeGA/Gpzl/3CeqY9dZLz0G/PTlU79AqhDID JU8TMpaH3lVWfUkevD4pFQ== 0000950146-98-002058.txt : 19981204 0000950146-98-002058.hdr.sgml : 19981204 ACCESSION NUMBER: 0000950146-98-002058 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981203 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INFONAUTICS INC CENTRAL INDEX KEY: 0000909494 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 232707366 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-49487 FILM NUMBER: 98763746 BUSINESS ADDRESS: STREET 1: 900 W VALLEY RD STREET 2: STE 1000 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 6109718840 MAIL ADDRESS: STREET 1: 900 W VALLEY ROAD STREET 2: SUITE 1000 CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: INFONAUTICS CORP DATE OF NAME CHANGE: 19960315 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 21ST CENTURY COMMUNICATIONS PARTNERS L P CENTRAL INDEX KEY: 0000930868 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 45TH FL CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2127548100 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 S C H E D U L E 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a). (Amendment No. )(1) INFONAUTICS, INC. (Name of Issuer) CLASS A COMMON STOCK, $0.001 PAR VALUE (Title of Class of Securities) 456662105 (CUSIP Number) Copy to: 21st Century Communications Partners, L.P. Morrison Cohen Singer & Weinstein, LLP 767 Fifth Avenue, 45th Floor 750 Lexington Avenue New York, New York 10153 New York, New York 10022 Telephone (212) 754-8100 Telephone (212) 735-8600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 16, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-(g), check the following box |_|. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following page(s)) - -------- (1) 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 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 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). - 1 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification Nos. of Above Persons (Entities Only) | 21st Century Communications Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 301,388 shares 3.2% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 143,056 shares 1.5% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 301,388 shares 3.2% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 143,056 shares 1.5% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 2 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | 21st Century Communications T-E Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization Delaware | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 102,604 shares 1.1% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 341,840 shares 3.6% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 102,604 shares 1.1% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 341,840 shares 3.6% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 3 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | 21st Century Communications Foreign Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization Delaware | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 40,452 shares 0.4% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 403,992 shares 4.2% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 40,452 shares 0.4% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 403,992 shares 4.2% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 4 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Sandler Investment Partners, L.P. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization New York | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 5 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Sandler Capital Management | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization New York | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 6 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | ARH Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization Delaware | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 7 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | ALCR Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization New York | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 8 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | MJDM Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization New York | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 9 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Four JK Corp. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization Delaware | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 10 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Infomedia Associates, Ltd. | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* WC, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization New York | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 11 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Harvey Sandler | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 12 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Andrew Sandler | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 13 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Michael Marocco | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 14 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | John Kornreich | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 15 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Barry Rubenstein | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 16 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Irwin Lieber | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* PF, OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 17 of 33 - CUSIP No. 456662105 13D ================================================================================ 1 | Names of Reporting Persons | I.R.S. Identification No. of Above Persons (Entities Only) | Barry Fingerhut | - -------------------------------------------------------------------------------- 2 | Check the Appropriate Box if a Member of a Group* (a) |_| | (b) |_| - -------------------------------------------------------------------------------- 3 | SEC Use Only | - -------------------------------------------------------------------------------- 4 | Source of Funds* OO | - -------------------------------------------------------------------------------- 5 | Check Box if Disclosure of Legal Proceedings is Required | Pursuant to Item 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 | Citizenship or Place of Organization United States | - -------------------------------------------------------------------------------- | 7 | Sole Voting Power | | 0 shares 0% Number of |----------------------------------------------------------- Shares | 8 | Shared Voting Power Beneficially | | 444,444 shares 4.7% Owned By |----------------------------------------------------------- Each | 9 | Sole Dispositive Power Reporting | | 0 shares 0% Person |----------------------------------------------------------- With | 10 | Shared Dispositive Power | | 444,444 shares 4.7% - -------------------------------------------------------------------------------- 11 | Aggregate Amount Beneficially Owned By Each Reporting Person | 444,444 shares | - -------------------------------------------------------------------------------- 12 | Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* |_| | - -------------------------------------------------------------------------------- 13 | Percent of Class Represented by Amount in Row (11) | 4.7% | - -------------------------------------------------------------------------------- 14 | Type of Reporting Person* | IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! - 19 of 33 - This statement, dated November 16, 1998, relates to the reporting persons' ownership of the Class A Common Stock of Infonautics, Inc. (the "Issuer"). The reporting persons previously filed a statement on Schedule 13G, dated January 31, 1997. ITEM 1. SECURITY AND ISSUER (a) Class A Common Stock, no par value per share ("Class A Common Stock"), (CUSIP No. 456662105). (b) Infonautics, Inc. 900 West Valley Road, Suite 1000 Wayne, Pennsylvania 19087 ITEM 2. IDENTITY AND BACKGROUND 1.(a) 21st Century Communications Partners, L.P., a limited partnership organized under the laws of the State of Delaware ("21st Century"). (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. SIP and Infomedia are the general partners of 21st Century. The limited partners of 21st Century include certain other investors. 2.(a) 21st Century Communications T-E Partners, L.P., a limited partnership organized under the laws of the State of Delaware ("T-E"). (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. SIP and Infomedia are the general partners of T-E. The limited partners of T-E include certain other investors. 3.(a) 21st Century Communications Foreign Partners, L.P., a limited partnership organized under the laws of the State of Delaware ("Foreign"). (b) Address: One Capitol Plaza, 3rd Floor Shedden Road George Town, Grand Cayman Island British West Indies (c) Principal Occupation: Investments. (d) No. (e) No. - 19 of 33 - 4.(a) Sandler Investment Partners, L.P., a limited partnership organized under the laws of the State of New York ("SIP"). (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. SIP, 21st Century Management and Infomedia are the general partners of Foreign. The limited partners of Foreign include certain other investors. 5.(a) Sandler Capital Management, a registered investment adviser and a general partnership organized under the laws of the State of New York ("SCM"). (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. 6.(a) ARH Corp., a Delaware corporation. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 7.(a) ALCR Corp., a New York corporation. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 8.(a) MJDM Corp., a New York corporation. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. 9.(a) Four JK Corp., a Delaware corporation. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. - 20 of 33 - 10.(a) Infomedia Associates, Ltd., a New York corporation ("Infomedia"). (b) Address: 68 Wheatley Road Brookville, New York 11545 (c) Principal Business: Investments. (d) No. (e) No. 11.(a) Harvey Sandler is the sole shareholder of ARH Corp. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. ARH Corp. is a general partner of SCM, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign (the "21st Century Funds"). Harvey Sandler is the father of Andrew Sandler. 12.(a) Andrew Sandler is the sole shareholder of ALCR Corp. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. ALCR Corp. is a general partner of SCM, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. Andrew Sandler is the son of Harvey Sandler. 13.(a) Michael J. Marocco, is the sole shareholder of MJDM Corp. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. (e) No. (f) Citizenship: United States. MJDM Corp. is a general partner of SCM, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. 14.(a) John Kornreich is the majority shareholder of Four JK Corp. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Business: Investments. (d) No. - 21 of 33 - (e) No. (f) Citizenship: United States. Four JK Corp. is a general partner of SCM, which is the general partner of SIP, a general partner of 21st Century, T-E and Foreign. 15.(a) Barry Rubenstein, a director of the Issuer and a shareholder, officer and director of Infomedia, a general partner of the 21st Century Funds. (b) Address: 68 Wheatley Road Brookville, New York 11545 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. 16.(a) Irwin Lieber, a shareholder, officer and director of Infomedia, a general partner of the 21st Century Funds. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. 17.(a) Barry Fingerhut, a shareholder, officer and director of Infomedia, a general partner of the 21st Century Funds. (b) Address: 767 Fifth Avenue, 45th Floor New York, New York 10153 (c) Principal Occupation: Investments. (d) No. (e) No. (f) Citizenship: United States. ITEM 3. Source and Amount of Funds or Other Consideration. The source of funds for the acquisition of the securities was the general working capital and other funds of 21st Century, T-E and Foreign. The amount of funds used in acquiring the shares of Class A Common Stock are set forth below: - 22 of 33 -
Purchase Price ---------- 21st Century Communications Partners, L.P. $1,696,732 21st Century Communications T-E Partners, L.P. $ 577,488 21st Century Communications Foreign Partners, L.P. $ 228,001
Item 4. Purpose of Transaction. Other than Barry Rubenstein's capacity as director of the Issuer, and the reporting persons' purchase or sale of additional securities of the Issuer, no reporting person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein. Item 5. Interest in Securities of the Issuer. (a) The following list sets forth the aggregate number and percentage (based on 8,019,555 shares of Class A Common Stock outstanding as of September 30, 1998 as reported in the Issuer's Form 10-Q for the quarter ended September 30, 1998), of outstanding shares of Class A Common Stock beneficially owned by each reporting person named in Item 2 as of November 12, 1998: - 23 of 33 -
Percentage of Shares of Shares of Class A Class A Common Common Stock Stock Beneficially Beneficially Name Owned Owned - ---- ----- ----- 21st Century Communications Partners, L.P. 444,444(2) 4.7% 21st Century Communications T-E Partners, L.P. 444,444(2) 4.7% 21st Century Communications Foreign Partners, L.P. 444,444(2) 4.7% Sandler Investment Partners, L.P. 444,444(2) 4.7% Sandler Capital Management 444,444(2) 4.7% Infomedia Associates, Ltd. 444,444(2) 4.7% ARH Corp. 444,444(2) 4.7% ALCR Corp. 444,444(2) 4.7% MJDM Corp. 444,444(2) 4.7% Four JK Corp. 444,444(2) 4.7% Harvey Sandler 444,444(2) 4.7% Andrew Sandler 444,444(2) 4.7% Michael Marocco 444,444(2) 4.7% John Kornreich 444,444(2) 4.7% Barry Rubenstein 444,444(2) 4.7% Irwin Lieber 444,444(2) 4.7% Barry Fingerhut 444,444(2) 4.7%
- ---------- 21st Century has sole power to vote and dispose of 301,388 shares of Class A Common Stock, representing approximately 3.2% of the outstanding shares of Class A Common Stock and may be deemed to have shared power to vote and dispose of 143,056 shares of Class A Common Stock, representing approximately 1.5% of the outstanding shares of Class A Common Stock. T-E has sole power to vote and dispose of 102,604 shares of Class A Common Stock, representing approximately 1.1% of the outstanding shares of Class A Common Stock and may be - ---------- (2) Includes 301,388 shares of Class A Common Stock held by 21st Century, 102,604 shares of Class A Common Stock held by T-E and 40,452 shares of Class A Common Stock held by Foreign. Each of 21st Century, T-E, Foreign, SIP, SCM, ARH Corp., ALCR Corp., MJDM Corp., Four JK Corp., Infomedia, Harvey Sandler, Andrew Sandler, Michael Marocco, John Kornreich, Barry Rubenstein, Irwin Lieber and Barry Fingerhut disclaims beneficial ownership of these securities except to the extent of his/its respective equity interest therein. - 24 of 33 - deemed to have shared power to vote and dispose of 341,840 shares of Class A Common Stock, representing approximately 3.6% of the outstanding shares of Class A Common Stock. Foreign has sole power to vote and dispose of 40,452 shares of Class A Common Stock, representing approximately 0.4% of the outstanding shares of Class A Common Stock and may be deemed to have shared power to vote and dispose of 403,992 shares of Class A Common Stock, representing approximately 4.2% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of 21st Century, T-E and Foreign, Infomedia may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of 21st Century, T-E and Foreign, Sandler Investment Partners may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of Sandler Investment Partners, Sandler Capital Management may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being the sole shareholder of ARH Corp., Harvey Sandler may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being the sole shareholder of ALCR Corp., Andrew Sandler may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being the sole shareholder of MJDM Corp., Michael Marocco may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being the majority shareholder of Four JK Corp., John Kornreich may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of Sandler Capital Management, ARH Corp. may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of Sandler Capital Management, ALCR Corp. may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. - 25 of 33 - By virtue of being a general partner of Sandler Capital Management, MJDM Corp. may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a general partner of Sandler Capital Management, Four JK Corp. may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock, representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a shareholder, officer and director of Infomedia, Barry Rubenstein may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a shareholder, officer and director of Infomedia, Irwin Lieber may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock representing approximately 4.7% of the outstanding shares of Class A Common Stock. By virtue of being a shareholder, officer and director of Infomedia, Barry Fingerhut may be deemed to have shared power to vote and dispose of 444,444 shares of Class A Common Stock representing approximately 4.7% of the outstanding shares of Class A Common Stock. (c) The following is a description of all transactions in shares of Class A Common Stock of the Issuer by the reporting persons identified in Item 2 of this Schedule 13D effected from September 16, 1998 through November 16, 1998 inclusive:
Number of Shares of Class A Purchase Date of Common or Sale Purchase or Stock Price Per Name of Shareholder Sale Purchased Share - ------------------- ---- (or Sold) --------- --------- 21st Century Communications Partners, L.P. 11/13/98 (203,409) $6.72 11/16/98 (67,803) $6.85 21st Century Communications T-E Partners, L.P. 11/13/98 (69,207) $6.72 11/16/98 (23,069) $6.85 21st Century Communications Foreign Partners, L.P. 11/13/98 (27,384) $6.72 11/16/98 (9,128) $6.85
(d) No person other than the reporting persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of Class A Common Stock. - 26 of 33 - (e) Effective November 16, 1998, the reporting persons ceased to be the beneficial owners of more than five (5%) percent of the Class A Common Stock. Item 6. Contracts, Agreements, Understandings or Relationships with Respect to Securities of the Issuer. Not Applicable. Item 7. Material to be Filed as Exhibits. Exhibit A - Agreement effective as of November 16,1998, among the reporting persons by which they have agreed to file this Schedule 13D and all necessary amendments, as required by Rule 13(d)-1(f). - 27 of 33 - SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Schedule is true, complete and correct. Dated: December 2, 1998 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer - 28 of 33 - SANDLER INVESTMENT PARTNERS, L.P. By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer SANDLER CAPITAL MANAGEMENT By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ARH CORP. By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ALCR CORP. By: Moira Mitchell -------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MJDM CORP. By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: President and Treasurer FOUR JK CORP. By: Edward Grinacoff -------------------------------- Name: Edward Grinacoff Title: President - 29 of 33 - Harvey Sandler -------------------------------- Harvey Sandler Andrew Sandler -------------------------------- Andrew Sandler Michael Marocco -------------------------------- Michael Marocco John Kornreich -------------------------------- John Kornreich Irwin Lieber -------------------------------- Irwin Lieber Barry Rubenstein -------------------------------- Barry Rubenstein Barry Fingerhut -------------------------------- Barry Fingerhut INFOMEDIA ASSOCIATES, LTD. By: Barry Rubenstein -------------------------------- Barry Rubenstein, President - 30 of 33 - JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Class A Common Stock, no par value per share, of INFONAUTICS, INC. and that this Agreement be filed as an Exhibit to such statement on Schedule 13D. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 2nd day of December, 1998. 21ST CENTURY COMMUNICATIONS PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer 21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P. By: Sandler Investment Partners, L.P., General Partner By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer - 31 of 33 - SANDLER INVESTMENT PARTNERS, L.P. By: Sandler Capital Management, General Partner By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer SANDLER CAPITAL MANAGEMENT By: ARH Corp., General Partner By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ARH CORP. By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: Secretary and Treasurer ALCR CORP. By: Moira Mitchell -------------------------------------- Name: Moira Mitchell Title: Secretary and Treasurer MJDM CORP. By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: President and Treasurer FOUR JK CORP. By: Edward Grinacoff -------------------------------------- Name: Edward Grinacoff Title: President - 32 of 33 - Harvey Sandler -------------------------------------- Harvey Sandler Andrew Sandler -------------------------------------- Andrew Sandler Michael Marocco -------------------------------------- Michael Marocco John Kornreich -------------------------------------- John Kornreich Irwin Lieber -------------------------------------- Irwin Lieber Barry Rubenstein -------------------------------------- Barry Rubenstein Barry Fingerhut -------------------------------------- Barry Fingerhut INFOMEDIA ASSOCIATES, LTD. By: Barry Rubenstein -------------------------------------- Barry Rubenstein, President ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). - 33 of 33 - -----END PRIVACY-ENHANCED MESSAGE-----