SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
ISS GROUP, INC
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
450306 10-5
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(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)
Page 1 of 9 Pages
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CUSIP No. 450306105 13G Page 2 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Sigma Partners III, L.P. 94-3198719
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X}
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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NUMBER OF 5 SOLE VOTING POWER
SHARES 880,775
BENEFICIALLY ------- -------------------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ------- -------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
880,775
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- - -------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
880,775
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.3%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 9 Pages
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CUSIP No. 450306105 13G Page 3 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Sigma Investors III, L.P. 94-3213838
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X}
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- -------- -----------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 173,572
BENEFICIALLY ------- -------------------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ------- -------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
173,572
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
173,572
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.10%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 9 Pages
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CUSIP No. 450306105 13G Page 4 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Sigma Management III, L.P. 94-3198717
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X}
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,068,422
BENEFICIALLY ------- -------------------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ------- -------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,068,422
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,068,422
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.3%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 9 Pages
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CUSIP No. 450306105 13G Page 5 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Sigma Associates III, L.P. 94-3202010
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X}
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- -------- -----------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 14,075
BENEFICIALLY ------- -------------------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ------- -------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
14,075
------- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,075
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.8%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 9 Pages
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Item 1: Issuer
(a) Issuer: ISS GROUP, INC.
(b) Address of Principal Office:
6600 PEACHTREE-DUNWOODY ROAD
300 EMBASSY ROW, SUITE 500
(c) Place of Organization:
ATLANTA, GA 30328
(d) Title of Class of Securities: Common Stock
(e) CUSIP No.: 450306 10 5
Item 2: Filing Persons
Sigma Partners III, L.P. (SP III)
Sigma Associates III, L.P. (SA III)
Sigma Investors III, L.P. (SI III)
Sigma Management III, L.P. (SM III)
Item 3: N/A
Item 4: Ownership SP III SA III SA III SM III
(a) Beneficial Ownership 880,775 173,572 14,075 1,068,422
(b) Percentage of Class 5.3% .10% .8% 6.2%
(c) Sole Voting Power: 880,775 173,572 14,075 1,068,422
Shared Voting Power: 0 0 0 0
Sole Dispositive Power: 880,775 173,572 14,075 1,068,422
Shared Dispositive Power: 0 0 0 0
Page 6 of 9 Pages
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In addition to the above, each of Lawrence G. Finch, Clifford L. Haas, Robert E.
Davoli and Wade Woodson, the four general partners of Sigma Management III,
L.P., may be deemed to share voting and dispositive power over the 1,068,422
shares of ISS GROUP, INC owned by Sigma Management III, L.P.
Item 5: Not Applicable
Item 6:
Under certain circumstances set forth in SP III's, SM III's, SI III's and SA
III's limited partnership agreements, the general partners and limited partners
of each of such funds have the right to receive dividends from, or the proceeds
from the sale of the common stock of Issuer owned by each such fund.
Item 7: Not Applicable
Item 8: Not Applicable
Item 9: Not Applicable
Item 10: Not Applicable
Exhibit A: Joint Filing Statement
Page 7 of 9 Pages
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After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: ________________________
SIGMA PARTNERS III, L.P.
By its General Partner,
Sigma Management III, L.P.
By: Clifford L. Hass
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Clifford L. Haas, General Partner
SIGMA INVESTORS III, L.P.
By its General Partner,
Sigma Management III, L.P.
By:
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SIGMA ASSOCIATES III, L.P.
By its General Partner,
Sigma Management III, L.P.
By: Clifford L. Hass
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Clifford L. Haas, General Partner
SIGMA MANAGEMENT III, L.P.
By: Clifford L. Hass
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Clifford L. Haas, General Partner
Page 8 of 9 Pages
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EXHIBIT A
We, the undersigned, hereby express our agreement that the attached Schedule 13G
is filed on behalf of each of us.
Date: ________________________
SIGMA PARTNERS III, L.P.
By its General Partner,
Sigma Management III, L.P.
By: Clifford L. Hass
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Clifford L. Haas, General Partner
SIGMA INVESTORS III, L.P.
By its General Partner,
Sigma Management III, L.P.
By:
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SIGMA ASSOCIATES III, L.P.
By its General Partner,
Sigma Management III, L.P.
By: Clifford L. Hass
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Clifford L. Haas, General Partner
SIGMA MANAGEMENT III, L.P.
By: Clifford L. Hass
------------------------------------
Clifford L. Haas, General Partner
Page 9 of 9 Pages
