SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
AremisSoft Corporation
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(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
040036-10-6
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(CUSIP Number)
Info-quest SA
25 Pantou Street
17671 Kallithea, Athens, Greece
Attn: Theodoros Fessas
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
October 9, 2000
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ]
Check the following box if a fee is being paid with the statement. [ ] (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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 ofiledo for the purpose of Section 18 of the Securities Exchange Act of
1934 (oActo) 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>2
CUSIP No. 040026-10-6
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1. NAME OF REPORTING PERSON INFO-QUEST SA
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON N/A
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a [ ]
N/A b [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
N/A
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Organized under the laws of Greece
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7. SOLE VOTING POWER
NUMBER OF
SHARES 3,732,923
BENEFICIALLY ------------------------------------------
OWNED
BY EACH 8. SHARED VOTING POWER
REPORTING
PERSON WITH 0
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9. SOLE DISPOSITIVE POWER
3,732,923
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10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,732,923
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.26%
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14. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGES, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>3
Item 1. Security and Issuer.
This statement relates to the voting Common Stock, $.001 par value, of
AremisSoft Corporation, a Delaware corporation ("AremisSoft" or the "Company").
The address of the Issuer's (AremisSoft) principal executive offices is 216
Haddon Avenue, Suite 607, Westmont, NJ 08108.
Item 2. Identity and Background.
Info-quest SA ("Info-quest") is a corporation organized under the
laws of Greece. The directors of Info-quest are Theodoros Fessas, John Malamas,
George Papadopoulos and Michalis Galouzidis. Mr. Fessas is the Managing
Director, President and Chief Executive Officer of Info-quest. Mr. Popadopoulos
is the General Manager and Mr. Malamas is the General Financial Manager of
Info-quest. The principal business address and principal office of Info-quest
is, 25 Pantou Street, 17671 Kallithea, Athens, Greece. The principal business of
Info-quest is providing computer consulting, hardware installation and related
services.
Neither Info-quest nor any of the executive officers or directors of
Info-quest have, during the past five years, (i) been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors), or (ii) been
a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to United States federal or state securities laws
or finding any violations with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
On October 8, 1999, Info-quest entered into a voting agreement with LK
Global (Holdings) NV, a Netherlands Antilles company controlled by Dr. Lycourgos
K. Kyprianou, the Company's Chairman of the Board. During the term of the voting
agreement, 3,493,630 shares of the Company's Common Stock owned by LK Global
(Holdings) NV was aggregated with shares held by Info-quest for purposes of the
initial Schedule 13D. However, the voting agreement between Info-quest and LK
Global (Holdings) NV has expired by its terms and, therefore, the shares held by
LK Global (Holdings) NV will no longer be aggregated with those owned by
Info-quest.
On February 2, 2000, Info-quest entered into an Escrow Agreement with
Bartel Eng Linn & Schroder to purchase 692,923 shares of Common Stock of
AremisSoft from selling shareholders. The funds for the acquisitions were from
bank loans made by EFG Eurobank S.A. and National Bank of Greece. The
acquisitions included the purchase of 692,923 shares from AremisSoft at a
purchase price of U.S. $29.00 per share for a total cash consideration of
$20,094,767.
Item 4. Purpose of the Transactions.
Info-quest acquired the 692,923 shares of AremisSoft Common Stock for
investment purposes.
Info-quest, subject to and depending upon availability at prices deemed
favorable by Info-quest, may purchase additional shares of the Company's Common
Stock from time to time in the open market or in privately negotiated
transactions with third parties. Affiliates of Info-quest, or others, may, from
time to time, purchase additional shares. Further, while it is not the present
intention of Info-quest to do so, it reserves the right to dispose of the shares
of Common Stock held by it in the open market, in privately negotiated
transactions with third parties or otherwise, depending upon market conditions
and other factors.
<PAGE>4
Item 5. Interest in Securities of the Issuer.
Info-quest now holds 3,732,923 shares of AremisSoft Common Stock,
representing approximately 23.26% of AremisSoft's issued and outstanding shares.
As a result of the expiration of the voting agreement entered into with LK
Global (Holdings) NV and described in Item 3 above, Info-quest is no longer
deemed to be the beneficial owner of the AremisSoft shares held by LK Global
(Holdings) NV and LK Global (Holdings) NV is no longer deemed to be the
beneficial owner of the shares held by Info-quest.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
Not Applicable.
Item 7. Materials to be Filed as Exhibits.
Not Applicable
<PAGE>5
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. This signature page may be executed in one or more counterparts, each
of which shall constitute one and the same instrument.
INFO-QUEST SA,
a Greek Corporation
Dated: November 23, 2000 /s/ THEODOROS FESSAS
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Theodoros Fessas, Chairman
and Chief Executive Officer
