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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Marcam Solutions, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
56614A107
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed.
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
*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).
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CUSIP No. 56614A107 PAGE 2 OF 5 PAGES
1 names of reporting persons
i.r.s. identification nos. of above persons (entities only)
Michael H. Iles
2 check the appropriate box if a member of a group (see
instructions)
(a)
(b)
3 sec use only
4 citizenship or place of organization
Canada
5 sole voting power
NUMBER OF See Items 4 and 6
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
6 shared voting power
0
7 sole dispositive power
See Items 4 and 6
8 shared dispositive power
0
9 aggregate amount beneficially owned by each reporting person
See Items 4 and 6
10 check if the aggregate amount in row (9) excludes certain shares
(see instructions)
11 percent of class represented by amount in row (9)
See Items 4 and 6
12 type of reporting person (see instructions)
IN (See Item 6)
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PAGE 3 OF 5 PAGES
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ITEM 1.
Item 1(a) Name of Issuer: Marcam Solutions, Inc.
Item 1(b) Address of Issuer's
Principal Executive Offices: 95 Wells Avenue
Newton, Massachusetts 02459
ITEM 2.
Item 2(a) Name of Person Filing: Michael H. Iles
Item 2(b) Address of Principal
Business Office or, if none,
Residence: 260 Engleburn Avenue
Peterborough, Ontario K9H 1S7
Canada
Item 2(c) Citizenship: Canada
Item 2(d) Title of Class of Securities: Common Stock, $.01 par value ("Common
Stock")
Item 2(e) CUSIP Number: 56614A107
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE
SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS a:
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(a) Broker or dealer
registered under section
15 of the Act (15 U.S.C.
78o).
(b) Bank as defined in
section 3(a)(6) of the
Act (15 U.S.C. 78c).
(c) Insurance company as
defined in section
3(a)(19) of the Act (15
U.S.C. 78c).
(d) Investment company
registered under section
8 of the Investment
Company Act of 1940 (15
U.S.C. 80a-8).
(e) An investment adviser in
accordance with
Section 240.13d-
1(b)(1)(ii)(E);
(f) An employee benefit plan
or endowment fund in
accordance with Section
240.13d-1(b)(1)(ii)(F);
(g) A parent holding company
or control person in
accordance with Section
240.13d-1(b)(ii)(G);
(h) A savings association as
defined in Section 3(b)
of the Federal Deposit
Insurance Act (12 U.S.C.
1813);
(i) A church plan that is
excluded from the
definition of an
investment company under
Section 3(c)(14) of the
Investment Company Act of
1940 (15 U.S.C. 80a-3);
(j) Group, in accordance
with Section 240.13d-1(b)(1)
(ii)(J);
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ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned (as of December 31,
1998): 414,518 shares
(b) Percent of Class: 5.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to
direct the vote: 414,518
shares
(ii) Shared power to vote or to
direct the vote: None
(iii) Sole power to dispose or to
direct the disposition of:
414,518 shares
(iv) Shared power to dispose or to
direct the disposition of:
None
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PAGE 4 OF 5 PAGES
See also the response to Item 6, which information is incorporated by reference
in this
Item 4.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report to the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, Check the following .
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
The record holder of 316,718 shares of the Common Stock covered by this
Schedule 13G is Technology Investors I Limited Partnership, a limited
partnership organized under the laws of Ontario (the "Customer") whose sole
general partner is a wholly-owned subsidiary of Closeburn Management Ltd., a
corporation organized under the laws of Canada ("Closeburn"). Closeburn acts as
the investment manager of the Customer, and the Customer has the right to
receive any dividends on or proceeds from the sale of such securities. Closeburn
is wholly-owned by Michael H. Iles, a citizen of Canada ("Iles"). Because
Closeburn is wholly-owned by Iles, Iles may be deemed the beneficial owner of
316,718 shares of the Common Stock covered by this Schedule 13G. Iles is the
record holder of 97,800 shares of Common Stock. Iles is submitting this Schedule
13G pursuant to the "no-action" letter, dated May 7, 1997, from the Office of
Mergers and Acquisitions of the Division of Corporate Finance to Closeburn and
Iles.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are not
held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
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PAGE 5 OF 5 PAGES
SIGNATURE
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.
January 5 , 1999
Date
/s/ Michael H. Iles
Signature
Michael H. Iles
Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
