-----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, CW9SDG/1Vsy96pCZWjvR2OyzcbClVhgbbNMbQ/bJmHCBp5bBZMzVowc8HMjD9zTz mDDR/FyBxgJZj+5loA7wGg== 0000950146-98-000213.txt : 19980218 0000950146-98-000213.hdr.sgml : 19980218 ACCESSION NUMBER: 0000950146-98-000213 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OBJECTIVE COMMUNICATIONS INC CENTRAL INDEX KEY: 0000944310 STANDARD INDUSTRIAL CLASSIFICATION: TELEGRAPH & OTHER MESSAGE COMMUNICATIONS [4822] IRS NUMBER: 541707962 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-53297 FILM NUMBER: 98539483 BUSINESS ADDRESS: STREET 1: 14100 MEADOW PARK DR CITY: CHANTILLY STATE: VA ZIP: 20151 BUSINESS PHONE: 7032273000 MAIL ADDRESS: STREET 1: 14100 MEADOW PARK DRIVE CITY: CHANTILLY STATE: VA ZIP: 20151 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APPLEWOOD ASSOCIATES L P CENTRAL INDEX KEY: 0000885787 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 68 WHEATLEY RD CITY: BROOKVILLE STATE: NY ZIP: 11545 BUSINESS PHONE: 2127358600 SC 13G 1 SCHEDULE 13G SECURITIES & EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Objective Communications, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 674421102 -------------- (CUSIP Number) *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 in 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). CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Applewood Associates L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 425,000 shares 7.3% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 0 shares 0% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 425,000 shares 7.3% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 0 shares 0% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 2 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Applewood Capital Corp. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 3 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Barry Fingerhut - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 4 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Barry Rubenstein - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 5 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Irwin Lieber - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 6 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Seth Lieber - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 7 of 16 - CUSIP No. 674421102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jonathan Lieber - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares 0% Number of ------------------------------------------------------- Shares 6 SHARED VOTING POWER Beneficially 425,000 shares 7.3% Owned By ------------------------------------------------------- Each 7 SOLE DISPOSITIVE POWER Reportin 0 shares 0% Person ------------------------------------------------------- With 8 SHARED DISPOSITIVE POWER 425,000 shares 7.3% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 425,000 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - Page 8 of 16 - Item 1. (a) Name of Issuer: Objective Communications, Inc. (b) Address of Issuer's Principal Executive Offices: 14100 Park Meadow Drive Chantilly, VA 20151 (603) 334-6700 Item 2. 1. (a) Name of Person Filing: Applewood Associates, L.P. (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Citizenship: Not applicable. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102 2. (a) Name of Person Filing: Applewood Capital Corp. (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Citizenship: Not applicable. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102 3. (a) Name of Person Filing: Barry Fingerhut (b) Address of Principal Business Office, or, if none, Residence: 767 Fifth Avenue New York, New York 10153 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102. 4. (a) Name of Person Filing: Barry Rubenstein (b) Address of Principal Business Office, or, if none, Residence: 68 Wheatley Road Brookville, New York 11545 (c) Citizenship: United States. - Page 9 of 16 - (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102 5. (a) Name of Person Filing: Irwin Lieber (b) Address of Principal Business Office, or, if none, Residence: 767 Fifth Avenue New York, New York 10153 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102 6. (a) Name of Person Filing: Seth Lieber (b) Address of Principal Business Office, or, if none, Residence: 767 Fifth Avenue New York, New York 10153 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102. 7. (a) Name of Person Filing: Jonathan Lieber (b) Address of Principal Business Office, or, if none, Residence: 767 Fifth Avenue New York, New York 10153 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.01 par value per share. (e) CUSIP Number: 674421102 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: Not Applicable. (a) |_| Broker or Dealer registered under Section 15 of the Act (b) |_| Bank as defined in section 3(a)(6) of the Act (c) |_| Insurance Company as defined in section 3(a)(19) of the Act (d) |_| Investment Company registered under section 8 of the Investment Company Act - Page 10 of 16 - (e) |_| Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F) (g) |_| Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(H) Item 4. Ownership. 1. Applewood Associates, L.P.: (a) Amount Beneficially Owned: 425,000 shares. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 425,000 shares. (ii) shared power to vote or direct the vote: 0 shares. (iii) sole power to dispose or direct the disposition of: 425,000 shares. (iv) shared power to dispose or direct the disposition of: 0 shares. 2. Applewood Capital Corp.: (a) Amount Beneficially Owned: 425,000 shares. Reporting person is a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* * The reporting person disclaims beneficial ownership of these securities except to the extent of his or its equity interest therein. The shares of Common Stock reported as owned by the reporting persons include (i) 125,000 shares of Common Stock issuable upon the exercise of Bridge Warrants held by Applewood Associates, L.P., which Bridge Warrants are exercisable within sixty days of the date hereof, and (ii) 50,000 shares of Common Stock issuable upon the exercise of Series A Warrants held by Applewood Associates, L.P., which Series A Warrants are exercisable within sixty days of the date hereof. The shares of Common Stock underlying the Bridge Warrants are subject to a lock-up agreement for a period of two years from April 8, 1997, and the shares of Common Stock underlying the Series A Warrants are subject to a lock-up agreement for a period of one year from April 8, 1997. - Page 11 of 16 - 3. Barry Fingerhut: (a) Amount Beneficially Owned: 425,000 shares. Reporting person is a general partner of Applewood Associates, L.P. and an officer, director and shareholder of Applewood Capital Corp., a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* 4. Barry Rubenstein (a) Amount Beneficially Owned: 425,000 shares. Reporting person is a general partner of Applewood Associates, L.P. and an officer, director and shareholder of Applewood Capital Corp., a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* 5. Irwin Lieber: (a) Amount Beneficially Owned: 425,000 shares. Reporting person is a general partner of Applewood Associates, L.P. and an officer, director and shareholder of Applewood Capital Corp., a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* * The reporting person disclaims beneficial ownership of these securities except to the extent of his or its equity interest therein. The shares of Common Stock reported as owned by the reporting persons include (i) 125,000 shares of Common Stock issuable upon the exercise of Bridge Warrants held by Applewood Associates, L.P., which Bridge Warrants are exercisable within sixty days of the date hereof, and (ii) 50,000 shares of Common Stock issuable upon the exercise of Series A Warrants held by Applewood Associates, L.P., which Series A Warrants are exercisable within sixty days of the date hereof. The shares of Common Stock underlying the Bridge Warrants are subject to a lock-up agreement for a period of two years from April 8, 1997, and the shares of Common Stock underlying the Series A Warrants are subject to a lock-up agreement for a period of one year from April 8, 1997. - Page 12 of 16 - 6. Seth Lieber: (a) Amount Beneficially Owned: 425,000 shares. Reporting person is an officer of Applewood Capital Corp., a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* 7. Jonathan Lieber: (a) Amount Beneficially Owned: 425,000 shares. Reporting person is an officer of Applewood Capital Corp., a general partner of Applewood Associates, L.P. (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 0 shares. (ii) shared power to vote or direct the vote: 425,000 shares.* (iii) sole power to dispose or direct the disposition of: 0 shares. (iv) shared power to dispose or direct the disposition of: 425,000 shares.* Item 5. Ownership of Five Percent or Less of a Class Not Applicable. 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. * The reporting person disclaims beneficial ownership of these securities except to the extent of his or its equity interest therein. The shares of Common Stock reported as owned by the reporting persons include (i) 125,000 shares of Common Stock issuable upon the exercise of Bridge Warrants held by Applewood Associates, L.P., which Bridge Warrants are exercisable within sixty days of the date hereof, and (ii) 50,000 shares of Common Stock issuable upon the exercise of Series A Warrants held by Applewood Associates, L.P., which Series A Warrants are exercisable within sixty days of the date hereof. The shares of Common Stock underlying the Bridge Warrants are subject to a lock-up agreement for a period of two years from April 8, 1997, and the shares of Common Stock underlying the Series A Warrants are subject to a lock-up agreement for a period of one year from April 8, 1997. - Page 13 of 16 - Item 8. Identification and Classification of Members of the Group See Exhibit A for Joint Filing Agreement attached hereto. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification Not Applicable. - Page 14 of 16 - SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Date: February 12, 1998 APPLEWOOD ASSOCIATES, L.P. By: /s/ Barry Rubenstein ------------------------------------- Barry Rubenstein, a General Partner APPLEWOOD CAPITAL CORP. By: /s/ Barry Rubenstein ------------------------------------- Barry Rubenstein, President /s/ Barry Fingerhut ----------------------------------------- Barry Fingerhut /s/ Barry Rubenstein ----------------------------------------- Barry Rubenstein /s/ Irwin Lieber ----------------------------------------- Irwin Lieber /s/ Seth Lieber ----------------------------------------- Seth Lieber /s/ Jonathan Lieber ----------------------------------------- Jonathan Lieber Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) - Page 15 of 16 - Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act, as amended, the undersigned hereby agree to the joint filing on behalf of each of them on a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, $0. 01 par value per share, of Objective Communications, Inc. and that this Agreement be included as an Exhibit to such joint filing. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 12th day of February, 1998. APPLEWOOD ASSOCIATES, L.P. By: /s/ Barry Rubenstein ------------------------------------- Barry Rubenstein, a General Partner APPLEWOOD CAPITAL CORP. By: /s/ Barry Rubenstein ------------------------------------- Barry Rubenstein, President /s/ Barry Fingerhut ----------------------------------------- Barry Fingerhut /s/ Barry Rubenstein ----------------------------------------- Barry Rubenstein /s/ Irwin Lieber ----------------------------------------- Irwin Lieber /s/ Seth Lieber ----------------------------------------- Seth Lieber /s/ Jonathan Lieber ----------------------------------------- Jonathan Lieber - Page 16 of 16 - -----END PRIVACY-ENHANCED MESSAGE-----