Private Placements, Capital Formation,
Restructuring & Recapitalizations



EMS Convertible Preferred Stock - October 1998

Effective Management Systems, Inc. is engaged in the development, procurement, marketing, and support of integrated manufacturing and business management software.

Series A Preferred Stock was sold pursuant to a Preferred Stock Placement between the Company and Taglich Brothers, in which Taglich Brothers Inc. used their best efforts to sell up to $5,000,000 of Series A Preferred on a private placement basis. The 1,005 shares of Series A Preferred were sold to investors qualifying as accredited investors under Regulation D of the 1933 Securities Act.

The information contained herein does not constitute a solicitation of any order to buy or sell any securities. The information provided herein may be displayed and printed for your personal, noncommercial use only. You may not reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the information to anyone, without the express written consent of Taglich Brothers, Inc.