SUSAN CONNER, CFO of Daegis, purchased 50,000 shares of Daegis at $1.21 per share for a total amount of $60,500 dollars on December 26, 2013. As of the time of writing on January 1, 2014, the stock is trading at $1.20 per share.
According to Capital IQ via Yahoo, Susan Conner is 49 years old. According to the biography, Ms. Susan K. Conner has been appointed as Chief Financial Officer of Daegis Inc., effective May 28, 2013. Ms. Conner has previously been the CFO for two other public companies. Throughout her career she has led private equity financing deals, negotiated multimillion dollar lines of credit, consolidated and re-organized finance operations on an international scale, and managed financial and due diligence efforts for numerous merger and acquisition transactions. Earlier in her career, Ms. Conner worked as a Business Assurance Partner with PricewaterhouseCoopers (“PwC”), advising clients on a number of M&A transactions ranging in size from $25 million to $300 million. Since her time at PwC, Ms. Conner served from May of 2001 to November of 2006 as the Executive Vice President and Chief Financial Officer of Pegasus Solutions, Inc., a provider of technology services to the hospitality industry that went private in 2006, and from October of 2008 to August of 2010 as the Chief Financial Officer of Zix Corporation, a NASDAQ traded Software as a Service (“SaaS”) company that delivers technology in the security sector. She has worked from January of 2011 to April of 2013 as an independent advisor to privately-held companies on a variety of transactional and financial leadership engagements. Ms. Conner is a licensed CPA and holds a bachelor’s degree in business administration and accounting from the University of Texas at Austin.
Daegis is located in Irving, Texas.
Daegis Inc. provides eDiscovery, application development, data management, migration, and archiving software solutions worldwide. It operates in two segments: eDiscovery; and database, archive, and migration. The eDiscovery segment offers Daegis Edge, a hosted eDiscovery platform that delivers a solution that enables clients to address various phases of the eDiscovery lifecycle; and managed document review, project management, search analytics consulting, and data hosting services. The database, archive, and migration segment offers Central Archive, which enables corporations to preserve, manage, and utilize their electronically stored information as an asset; Composer CipherSoft, a software that automates the conversion of Oracle Forms and PL/SQL code to Java; Composer Notes, a software for converting IBM Lotus Notes applications to the Microsoft platform; and Composer Sabertooth, which delivers a complimentary solution to its Team Developer product. It also offers Team Developer, a rapid application development product that shortens the development cycle for developing and deploying Mobile, Microsoft Windows, and .NET based applications; and ACCELL, a character-based application development and database software for querying databases and producing reports. In addition, this segment offers VISION, a graphical client/server application development system; SQLBase, a fully relational embedded database; and DataServer, a high performance enterprise relational database management system. Daegis Inc.s customers include corporate legal departments, law firms, IT departments, software value-added resellers, solutions integrators, and independent software vendors. The company was formerly known as Unify Corporation and changed its name to Daegis Inc. in July 2011. Daegis Inc. was founded in 1980.
Daegis Inc has a market cap of $20 million, an enterprise value of $33 million, and trailing 12 month revenues of $36 million.
On December 17, 2013, Daegis, a global provider of archiving and eDiscovery software with specialized services, announced key capabilities in Daegis Edge, offering clients simplified processes and visibility into their eDiscovery workflows. New enhancements include the ability for clients to easily ingest data from Daegis’ AXS-One archive into the Daegis Edge eDiscovery platform as well as improved end user analytics from a new role-based dashboard.
On December 5, 2013, Daegis announced that the Daegis AXS-One archive now delivers eDiscovery-ready custodian-level collections.
On December 3, 2013, Daegis announced second quarter total revenue of $7.7 million, compared to $10.3 million year over year, second quarter Adjusted EBITDA of $755,000, compared to $2.1 million last year. Daegis has aligned its operations by combining the archive and eDiscovery businesses.
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