-----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, EqYAxtdIpemljo54y0xWBzawY7oQXPJnKI1OkC61tdZ2FmdEHG5UeMveavx9Navj 7XgNm+cQpIJbPuSRDw+RLQ== 0000950115-97-001896.txt : 19971204 0000950115-97-001896.hdr.sgml : 19971204 ACCESSION NUMBER: 0000950115-97-001896 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971203 ITEM INFORMATION: FILED AS OF DATE: 19971203 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAGE INC CENTRAL INDEX KEY: 0000002186 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600] IRS NUMBER: 042225121 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-07336 FILM NUMBER: 97731970 BUSINESS ADDRESS: STREET 1: 400 WILLOWBROOK LANE CITY: WEST CHESTER STATE: PA ZIP: 19382 BUSINESS PHONE: 2154303900 MAIL ADDRESS: STREET 1: 625 WILLOWBROOK LANE STREET 2: 625 WILLOWBROOK LANE CITY: WEST CHESTER STATE: PA ZIP: 19382 8-K 1 CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) December 3, 1997 ---------------- Adage, Inc. ----------- (Exact name of registrant as specified in its charter) Pennsylvania 33-31797 04-2225121 ------------ -------- ---------- 7505 Technology Drive, West Melbourne, Florida 32904 ---------------------------------------------------- Registrant's telephone number, including area code 407-984-1414 ------------ ------------------------------------------------------------ (Former name or former address, if changed since last report.) Item #5 - Other Events The registrant issued a press release dated December 3, 1997 announcing the appointment of a new President and CEO. The press release is appended as exhibit 1. 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 Adage, Inc. - ------------- (Registrant) Date: December 3, 1997 ---------------- By: /s/ William P. Kelly ---------------------------------- Vice President Finance / CFO EX-1 2 PRESS RELEASE EXHIBIT 1 SUMMARY: Adage, Inc. (NASDAQ:ADGE) Appoints new President and CEO Company Contact: William P. Kelly VP of Finance & CFO Adage, Inc. 407-984-1414 WEST MELBOURNE, FLORIDA DECEMBER 3, 1997...ADAGE, INC. (NASDAQ:ADGE) Adage, Inc., a producer of wireless communications products, announced today the appointment of Richard K. Laird to the position of President and CEO. Having divested all holdings other than its RELM Communications subsidiary, Adage will devote its full attention to designing, manufacturing, and marketing wireless communications equipment. Among other actions, Adage is seeking shareholder approval to formally change the corporation's name to RELM Wireless Corporation. Mr. Laird has been recruited to direct these new initiatives. Laird comes to Adage following a successful 20-year career with high technology communications companies. In 1984 Laird founded the telecommunications equipment company Keptel to capitalize upon the breakup of AT&T. Venture financed, Keptel successfully penetrated all seven regional Bell operating companies, designing, manufacturing, and selling new kinds of test and interface equipment needed as a result of divestiture and deregulation. In 1987, Laird took Keptel public and, after profitably growing revenues to $50M+, sold the firm for $90M to the then $700M cable TV equipment company Antec. Laird subsequently became Antec's Executive Vice President of Operations, ultimately leaving to pursue other opportunities. Adage Board Chairman Donald Goebert said, "We are delighted to have Richard on board to head up our new focus. Richard brings a wealth of public company and high technology experiences, each in rapidly changing new markets, as well as demonstrated leadership skills, which will propel RELM's growth in these new wireless equipment markets". Laird said, "New band width is being allocated everyday worldwide for wireless communication and new technologies, appearing to make ever better use of each piece of spectrum. The worldwide market for wireless communication equipment is exploding as a result, setting the stage for new applications and instruments yet to be imagined. The Adage board has successfully refocused the company to capitalize upon these opportunities and its RELM subsidiary can become an excellent base from which to spring. The company's solid balance sheet and committed board insure that this pursuit will be an aggressive one and I am delighted to be joining at such a moment". -----END PRIVACY-ENHANCED MESSAGE-----