SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
ComVest Capital, LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/03/2007
3. Issuer Name and Ticker or Trading Symbol
UNIFY CORP [ UFYC.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
10/15/2007
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1) 7,820 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants 11/20/2006 10/31/2012 Common Stock 120,000 $1.35 D
Warrants 11/20/2006 10/31/2012 Common Stock 162,000 $1.6 D
Warrants 11/20/2006 10/31/2012 Common Stock 120,000 $1.9 D
Convertible Term Note 11/20/2006 10/31/2010 Common Stock 134,429 $2.5 D
Convertible Term Note 11/20/2006 10/31/2010 Common Stock 352,857 $5 D
Convertible Term Note 11/20/2006 10/31/2011 Common Stock 132,000 $5 D
1. Name and Address of Reporting Person*
ComVest Capital, LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
COMVEST CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ComVest Group Holdings, LLC

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FALK MICHAEL

(Last) (First) (Middle)
ONE NORTH CLEMATIS STREET
SUITE 300

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. As of the date hereof, ComVest Capital LLC, a Delaware limited liability company (the "Reporting Person"), directly beneficially owns each of the securities identified herein. ComVest Capital Management LLC ("Management") indirectly beneficially owns each of the securities listed herein by virtue of the fact that Management is the managing member of the Reporting Person. ComVest Group Holdings, LLC ("CGH") indirectly beneficially owns each of the securities listed herein by virtue of the fact that CGH is the managing member of Management. Michael S. Falk ("Falk"), an individual, indirectly beneficially owns the securities listed herein by virtue of the fact that Falk is the Chairman and principal member of CGH.
ComVest Capital LLC, By: ComVest Capital Management LLC, By: /s/ Cecilio M. Rodriguez 10/18/2007
ComVest Capital Management LLC, By: /s/ Cecilio M. Rodriquez 10/18/2007
ComVest Group Holdings LLC, By: /s/ Cecilio M. Rodriquez 10/18/2007
/s/ Michael S. Falk, individually 10/18/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.