Software Artistry Inc. announces initial public offering of shares of common stock

Business Wire, March 3, 1995

INDIANAPOLIS, Ind.--(BUSINESS WIRE)--March 3, 1995--Software Artistry Inc. (NASDAQ: SWRT) announced today an initial public offering of 1,885,000 shares of its Common Stock (1,350,000 offered by the company and 535,000 shares offered by selling shareholders) at a price of $14.00 per share.

The offering is being made by an underwriting group managed by Robertson, Stephens & Company, L.P. and Cowen & Company.

Software Artistry Inc. develops, markets, and supports a family of internal and external customer support software products. The company's primary product, Expert Advisor, is a complete problem management system that incorporates multiple diagnostic techniques to access a single solutions database to resolve customer problems.

This announcement constitutes neither an offer to sell nor a solicitation of an offer to buy these securities. The offering is made by prospectus. Copies of the final prospectus relating to the offering may be obtained from Robertson, Stephens & Company, L.P., 555 California St., San Francisco, CA 94104, 415/781-9700, or Cowen & Company, Financial Square, 28th Floor, New York, NY 10005-3597, 212/495-6000.

CONTACT: Software Artistry Inc.

Stephen R. Head, 317/843-1663