-----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, SodugGCxnu9k2B/Eaw2N0NDlVW6iHpQHEG5Id6V7gwuA15dGML6b7j8McqQX7Cs0 0hzORDVtFxJf8dtRZIKFUQ== 0000950133-97-003253.txt : 19970918 0000950133-97-003253.hdr.sgml : 19970918 ACCESSION NUMBER: 0000950133-97-003253 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970904 ITEM INFORMATION: FILED AS OF DATE: 19970912 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN MANAGEMENT SYSTEMS INC CENTRAL INDEX KEY: 0000310624 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 540856778 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-09233 FILM NUMBER: 97679939 BUSINESS ADDRESS: STREET 1: 4050 LEGATO RD CITY: FAIRFAX STATE: VA ZIP: 22033 BUSINESS PHONE: 7032678000 8-K 1 FORM 8-K 1 UNITED STATES 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): September 4, 1997 AMERICAN MANAGEMENT SYSTEMS, INCORPORATED (Exact name of Registrant as specified in its Charter) Delaware 0-9233 54-0856778 (State of Incorporation) (Commission File Number) (IRS Employer Identification Number) 4050 Legato Road Fairfax, Virginia 22033 (Address of principal executive offices) (Zip Code)
(703) 267-8000 (Registrant's telephone number, including area code) 2 ITEM 5. OTHER EVENTS. On September 4, 1997, the Registrant issued a press release regarding a reduction in the Company's projected net income for 1997. A copy of the press release is attached as Exhibit A. 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. AMERICAN MANAGEMENT SYSTEMS, INCORPORATED Date: September 12, 1997 By:/s/ Frank A. Nicolai - ------------------------- -------------------------------------------------------------- Executive Vice President, Secretary and Treasurer
3 Exhibit A [AMERICAN MANAGEMENT SYSTEMS, INC. NEWS LETTERHEAD] For Immediate Release NASDAQ Ticker Symbol: AMSY September 4, 1997 Contact: Jim Marshall American Management Systems (703)267-5405 Pauline Weger American Management Systems (703)267-5053 AMS REDUCES ESTIMATED 1997 NET INCOME BY $9.5 MILLION SWISS TELECOM CANCELS MAJOR PROJECT EPS ESTIMATED AT $0.72-0.81 VS. $0.95-1.03 Fairfax, VA - American Management Systems (AMS) announced today that it is reducing projected net income for 1997 by approximately $9.5 million because of the cancellation by Swiss Telecom of the second phase of the Customer Care and Billing Systems Project. The decision by Swiss Telecom not to proceed with the second phase came unexpectedly at the end of phase one. AMS met all of its commitments under phase one and was anticipating the continuation of the project. This development, which follows the previously reported wind-down of the Cellnet project (press release dated August 13, 1997), will adversely affect AMS's 1997 financial performance. After allowing for redeployment of staff and other measures to offset the effects, net earnings per share will be approximately $0.22 lower than the guidance the company previously provided. AMS's business is to partner with clients to achieve breakthrough performance through the intelligent use of information technology. AMS is an international business and information technology consulting firm providing strategic consulting services, systems integration and customized software solutions. AMS, which completed its 27th consecutive year of growth, is headquartered in Fairfax, Virginia, with 53 offices worldwide. AMS's revenues for 1996 were $812 million. AMS is one of the top 15 consulting firms in the world. AMS reported 1996 international revenues of $278 million, representing 34% of AMS's total revenues. The firm has 13 offices in nine countries throughout Europe, with European headquarters in Frankfurt, Germany. AMS's site on the World Wide Web is: http://www.amsinc.com # # # -----END PRIVACY-ENHANCED MESSAGE-----