-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GDEvX7mammbpTVyVLLTdfEnOyo1Q/8mBsE1XALrLJ5Uolx6+SIjvO/K5fUREtxcM +WUGLDfwl5DJpq59fcHwLA== 0001275287-07-000489.txt : 20070202 0001275287-07-000489.hdr.sgml : 20070202 20070202111428 ACCESSION NUMBER: 0001275287-07-000489 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070202 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070202 DATE AS OF CHANGE: 20070202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACCESS WORLDWIDE COMMUNICATIONS INC CENTRAL INDEX KEY: 0001048422 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 521309227 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-38845 FILM NUMBER: 07574932 BUSINESS ADDRESS: STREET 1: 4950 COMMUNICATIONS AVE CITY: BOCA RATON STATE: FL ZIP: 33431 BUSINESS PHONE: 5162265000 MAIL ADDRESS: STREET 1: 4950 COMMUNICATIONS AVE CITY: BOCA RATON STATE: FL ZIP: 33431 FORMER COMPANY: FORMER CONFORMED NAME: CULTURAL ACCESS WORLDWIDE INC DATE OF NAME CHANGE: 19971023 8-K 1 aw8759.txt FORM 8-K ================================================================================ 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) February 2, 2007 ACCESS WORLDWIDE COMMUNICATIONS, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 000-23489 52-1309227 ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1820 North Fort Myer Drive, Arlington, Virginia 22209 ----------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (703) 292-5210 N/A -------------------------------------------------------------- (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On February 2, 2007, Registrant provided an early indication of quarterly and year end revenue results for the three month and twelve month periods ended December 31, 2006. For further information, reference is made to the Registrant's press release, dated February 2, 2007, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits 99.1 Press Release, Access Worldwide Communications, Inc., February 2, 2007 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACCESS WORLDWIDE COMMUNICATIONS, INC. ------------------------------------- (Registrant) Date: February 2, 2007 By /s/ MARK WRIGHT ---------------------------------- Mark Wright General Counsel, Secretary 3 EX-99.1 2 aw8759ex991.txt EXHIBIT 99.1 Exhibit 99.1 ACCESS WORLDWIDE PROVIDES EARLY INDICATION OF QUARTER AND YEAR END REVENUE RESULTS ARLINGTON, Va., Feb. 2 /PRNewswire-FirstCall/ -- Access Worldwide Communications, Inc. (OTC Bulletin Board: AWWC), a Business Process Outsourcing ("BPO") services company, today reported an early indication of its revenue results for the three months and year ended December 31, 2006. These preliminary results may be subject to significant adjustment as a result of the audit process by the Company's independent auditors. Definitive fourth quarter and year end results will be disclosed in the 2006 Access Worldwide Annual Report on Form 10-K. Our revenues from continued operations were approximately $8.0 million and $27.3 million for the three months and year ended December 31, 2006, compared to $4.7 million and $14.8 million for the three months and year ended December 31, 2005. We expect to see continued improvement in both our U.S. and Philippines operations and overall operating performance during fiscal year 2007. "Two of our business objectives in 2007 will be to continue to grow our business development team and our offshore operations. In Manila, we are at full capacity in our first facility, and our second 350 production seat facility is scheduled to start production in February. The addition of our second facility will provide us with approximately 700 production seats in the Philippines," commented Shawkat Raslan, Chairman, President and Chief Executive Officer of Access Worldwide. "We are very pleased with the performance of our domestic operations and expect this positive momentum to carry into 2007. Although we are showing improvement, we still have a lot of work to do. We will work diligently to continue to improve performance and enhance our position both on and off shore in 2007." About the Company Access Worldwide Communications, Inc. (OTC Bulletin Board: AWWC - News), is a leading business process outsourcing ("BPO") services provider that offers customer management and BPO services from its offices in the United States and the Philippines. Headquartered in Arlington, Virginia, with approximately 1,000 employees worldwide, Access supports clients in a variety of industries, including financial services, technology, telecommunications, consumer products, and Media. More information is available at http://www.accessww.com. This press release contains forward-looking statements about the Company's estimated revenue and profit, and the potential for significant adjustments to the financial results included in this release. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include the outcome of the pending audit described above, and the possible restatement of the Company's financial statements or results. Such statements involve known or unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those expressed or implied by such forward-looking statements. Other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, include, but are not limited to, the following: Our ability to continue as a going concern if we are unable to generate cash flow and income from operations; competition from other third-party providers and those clients and prospects who may decide to do work in-house that we currently do for them; our ability to successfully operate our facilities in both the U.S. and the Philippines; potential consumer saturation reducing the need for services; our ability and clients' ability to comply with state, federal and industry regulations; our reliance on a limited number of major clients and the reduction in services performed for or the loss of one or more major clients; our ability to develop or fund the operations of new products or service offerings; our reliance on technology; our reliance on key personnel and labor force and our ability to recruit additional personnel. For a more detailed discussion of these risks and others that could affect results, see our filings with the Securities and Exchange Commission, including the risk factors section of Access Worldwide Communication, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2005 filed with the Securities and Exchange Commission. The Company assumes no duty to update any forward-looking statements. SOURCE Access Worldwide Communications, Inc. -0- 02/02/2007 /CONTACT: Mark Wright, Investor Relations of Access Worldwide Communications, Inc., +1-703-292-5210, mwright@accessww.com/ /Web site: http://www.accessww.com / -----END PRIVACY-ENHANCED MESSAGE-----