8-K 1 0001.txt FORM 8-K --------------------------------- | OMB APPROVAL | --------------------------------- | OMB Number: 3235-0060 | | Expires: March 31, 2003 | | Estimated average burden | | hours per response...... 1.25 | --------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 7, 2001 ------------------------------- Credit Management Solutions, Inc. -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-21735 52-1549401 -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 135 National Business Parkway, Annapolis Junction, Maryland 20701 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (301) 362-6000 ----------------------------- -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. On March 7, 2001, Credit Management Solutions, Inc. (the "Company") issued a press release announcing results for the fourth quarter and fiscal year ending December 31, 2000. The Company also announced in that press release that Miles Grody had resigned as a member of the Company's Board of Directors, and departed from his positions as President of the Company's Credit Systems, Inc. subsidiary and a Senior Vice President of the Company, effective March 2, 2001. A copy of the Company's press release is attached to this current report on Form 8-K. Such press release is incorporated by reference into this Item 5 and the foregoing description of such press release is qualified in its entirety by reference to such exhibit. The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, which are described in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable. (b) Not applicable. (c) Exhibits. 99.1 Press Release issued March 7, 2001, by Credit Management Solutions, Inc. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Credit Management Solutions, Inc. --------------- ------------------------- (Registrant) March 7, 2001 By /s/ Scott L. Freiman ----------------------- -------------------------------------- Date Scott L. Freiman Chief Executive Officer EXHIBIT INDEX Exhibit Number Description 99.1 Press Release issued March 7, 2001, by Credit Management Solutions, Inc.