The InterCept Group, Inc. announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed offering of 4,000,000 shares of its common stock. A total of 3,100,000 shares are to be issued and sold by InterCept, and 900,000 shares are to be sold by several selling shareholders of InterCept, including 610,000 shares by SLMsoft.com, Inc. InterCept has also granted the underwriters an option to purchase up to an additional 600,000 shares to cover over- allotments, if any. Credit Suisse First Boston Corporation and Robertson Stephens, Inc., as joint lead managers, and First Union Securities, Inc. and The Robinson-Humphrey Company, LLC, as co-managers, will manage an underwriting syndicate offering the shares to the public.
The InterCept Group, Inc. is a leading provider of banking technology products and services for community financial institutions, including core data processing, check processing and imaging, electronic funds transfer, data communications management and related products and services.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such State. Copies of the prospectus relating to the offering may be obtained from Credit Suisse First Boston Corporation at Eleven Madison Avenue, New York, NY 10010, from Robertson Stephens, Inc. at 555 California Street, San Francisco, CA 94104, First Union Securities, Inc. at 7 St. Paul Street, Baltimore, MD 21202, and The Robinson-Humphrey Company, LLC at 3333 Peachtree Road, N.E., Atlanta, GA 30326.Details