-----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, Pl2+eRbgWBoME4ei2725jEcpsnf8/5hzfmMpmcGcTDzn1B7XF7eihOmkRfiIVYbo B3nn1WBmTWi0cBORxMYraQ== 0001213900-10-003925.txt : 20100927 0001213900-10-003925.hdr.sgml : 20100927 20100927125205 ACCESSION NUMBER: 0001213900-10-003925 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090922 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100927 DATE AS OF CHANGE: 20100927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AISystems, Inc. CENTRAL INDEX KEY: 0001328769 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 202414965 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52296 FILM NUMBER: 101090368 BUSINESS ADDRESS: STREET 1: 3500 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 BUSINESS PHONE: 425-749-7287 MAIL ADDRESS: STREET 1: 3500 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 FORMER COMPANY: FORMER CONFORMED NAME: Wolf Resources, Inc. DATE OF NAME CHANGE: 20080520 FORMER COMPANY: FORMER CONFORMED NAME: CANTOP VENTURES, INC. DATE OF NAME CHANGE: 20050531 8-K 1 f8k092210_aisystems.htm CURRENT REPORT f8k092210_aisystems.htm


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):  September 22, 2010
 
AISystems, Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
000-52296
20-2414965
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

 
3500 Carillon Point
Kirkland, WA 98033
(Address of principal executive offices) (Zip Code)

(425) 749-7287
 (Registrant’s telephone number, including area code)

 (Former name or former address, if changed since last report)

Copies to:
Gregg E. Jaclin, Esq.
Anslow + Jaclin,  LLP
195 Route 9 South, Suite 204
Manalapan, New Jersey 07726
(732) 409-1212

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):
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Appointment of Vice-President and General Counsel

The Company recently appointed Andrae J. Marrocco as Vice-President and General Counsel.

Mr. Marrocco will oversee all legal and compliance functions for the Company, and will provide strategic advice to the Board of Directors and senior management. He will report directly to Stephen C. Johnston, President and Chief Executive Officer.

Mr. Marrocco has extensive legal experience, most notably in the area of banking and finance.  Most recently, Mr. Marrocco served as Senior Associate of Clayton Utz in Sydney, Australia, where he advised corporations and global and national financial institutions on a range of cross border finance transactions.  He was also an advisor on strategic issues involving trade finance arrangements, debt restructuring and security arrangements. Prior to that, he acted as advisor to the Treasury and Debt Markets divisions of Macquarie Bank and Macquarie Capital on a number of sophisticated corporate finance and investment banking transactions, securitizations, global and domestic bond programs and derivatives contracts.

Mr. Marrocco earned his Honors Degree of Bachelor of Laws, Bachelor of Commerce (Corporate Finance) and Bachelor of Social Sciences (Psychology/Politics) from The University of Adelaide.

Family Relationships

There is no family relationship between Mr. Marrocco and any of the Company’s directors or officers.

Related Party Transactions

There are no related party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.
 
Item 9.01Financial Statement and Exhibits

(d)  EXHIBITS

Exhibit No.
 
Description
99.1
 
Press Release
 
 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.


 
AISYSTEMS, INC.
 
       
Date: September 27, 2010
By:
 /s/ Stephen C. Johnston
 
   
Stephen C. Johnston
 
   
Chief Executive Officer
 

EX-99.1 2 f8k092210ex99i_aisystems.htm PRESS RELEASE f8k092210ex99i_aisystems.htm
Exhibit 99.1
 
 
AISystems Appoints Andrae J. Marrocco as Vice President & General Counsel
 
KIRKLAND, Wash., Sept. 22, 2010 (GLOBE NEWSWIRE) -- AISystems, Inc. (OTCBB:ASYI) ("AISystems" or the "Company"), creator of jetEngine, a leading business platform software system for the airline industry, is pleased to announce the appointment of Andrae J. Marrocco to the position of Vice President & General Counsel. Mr. Marrocco will oversee all legal and compliance functions for the Company, and will provide strategic advice to the Board of Directors and senior management. He will report directly to Stephen C. Johnston, President and Chief Executive Officer.
 
"Andrae brings more than 10 years of experience to AISystems, advising companies on legal matters and complex cross-border finance transactions," said Mr. Johnston. "We believe that his outstanding track record in structuring, negotiating and documenting intricate, high-profile finance transactions and in providing advice on legal, media and policy matters makes him an ideal addition to our executive team. In particular, his corporate finance and commercial contracts expertise will be valuable assets for the growth of the company," concluded Mr. Johnston.
 
"It is truly exciting to join a company that is at an inflection point in its development. My experience, both in finance and law, will help build on the strong foundation that has already been put into place," said Mr. Marrocco. "AISystems has a solid, game changing platform technology with jetEngine™, and my goal is to help the company make the most of its technology and business opportunities."
 
Mr. Marrocco has extensive legal experience in the area of banking and finance. Most recently, Mr. Marrocco served as Senior Associate of Clayton Utz in Sydney, Australia, where he advised corporations and global and national financial institutions on a range of finance transactions. He was also an advisor on strategic issues involving trade finance arrangements, debt restructuring and security arrangements. Prior to that, he acted as advisor to the Treasury and Debt Markets divisions of Macquarie Bank and Macquarie Capital on a number of sophisticated corporate finance and investment banking transactions, securitizations, global and domestic bond programs and derivatives contracts.
 
Mr. Marrocco earned his Honors Degree of Bachelor of Laws, Bachelor of Commerce (Corporate Finance) and Bachelor of Social Sciences (Psychology/Politics) from The University of Adelaide.
 
About AISystems
 
AISystems has developed a unique, proprietary business platform software system for the airline industry called jetEngine™ that is comprised of systems and mathematical algorithms capable of generating significant profitability improvements through strategic business planning capabilities, resource scheduling, revenue management and integrated operations. More information about AISystems can be found at www.aisystems.org.
 
Safe Harbor Statement
 
This press release may contain "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional Information regarding risks can be found in the Company's Annual Report on Form 10-K an d in the Company's recent report on Form 8-K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.
 
 
 
 

 
 
 
CONTACT: AISystems, Inc.
  Stephen C. Johnston, President & Chief Executive Officer
  +1 (425) 749-7287
  steve@aisystems.org
   
  KCSA Strategic Communications
  Todd Fromer
  +1 (212) 896-1215
  Marybeth Csaby
  +1 (212) 896-1236
  Phil Carlson
  +1 (212) 896-1233
  AISystems@kcsa.com
         
                    
         
         
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