-----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, EMrZQYiG2jz8Cit0UNFKaXW235sjk8KvXrVcSaKUjJbe9KpXAdlU2i9JYxo4XjAQ YFiHaJJjQh2MCx0oepO9cQ== 0000950134-98-002939.txt : 19980406 0000950134-98-002939.hdr.sgml : 19980406 ACCESSION NUMBER: 0000950134-98-002939 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980403 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980403 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: DSC COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000316004 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 541025763 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-10018 FILM NUMBER: 98587053 BUSINESS ADDRESS: STREET 1: 1000 COIT RD CITY: PLANO STATE: TX ZIP: 75075 BUSINESS PHONE: 2145193000 MAIL ADDRESS: STREET 1: 1000 COIT ROAD CITY: PLANO STATE: TX ZIP: 75075-5813 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL SWITCH CORP DATE OF NAME CHANGE: 19850425 8-K 1 FORM 8-K 1 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): April 3, 1998 DSC COMMUNICATIONS CORPORATION (Exact name of registrant as specified in its charter) Delaware 0-10018 54-1025763 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.)
1000 Coit Road Plano, Texas 75075 (Address of principal executive offices) (ZIP Code) Registrant's telephone number, including area code: (972) 519-3000 2 ITEM 5. Other Events. For a description of the events reported pursuant to this Form 8-K, reference is made to the press release issued to the public by the Registrant on April 3, 1998, the text of which is attached hereto as Exhibit 99.1. ITEM 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit No. Description. 99.1 Text of Press Release, dated April 3, 1998 3 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. DSC COMMUNICATIONS CORPORATION Date: April 3, 1998 By: /s/ GEORGE B. BRUNT --------------------------------------------- George B. Brunt Vice President, Secretary and General Counsel 4 EXHIBIT INDEX
Exhibit No. Description. ----------- ------------ 99.1 Text of Press Release, dated April 3, 1998
EX-99.1 2 PRESS RELEASE DATED APRIL 3, 1998 1 [DSC COMMUNICATIONS LOGO] NEWS RELEASE - -------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE CONTACT: TERRY ADAMS OR MICHAEL HAASE 972/519-4358 972/519-6855 JAMES L. DONALD PUBLICLY ANNOUNCES HIS INTENTION TO RETIRE Dallas, TX., April 3, 1998...DSC Communications Corporation Chairman, President and Chief Executive Officer, James L. Donald today publicly announced his intention to retire from the posts of president and chief executive officer. This formal announcement follows his private communication to the DSC board of directors on September 2, 1997, at which time he indicated his desire to retire, preferably by year-end 1997. Internal and external candidates are being considered for the open positions. An executive recruitment firm has been retained. Once the search is concluded, Mr. Donald intends to become a non-employee chairman and director of the company. Mr. Donald joined DSC in 1981 as chief operating officer. DSC was then a start-up organization with few employees and no marketable product. Subsequently, Mr. Donald was named chief executive officer and chairman of DSC. His earlier career consisted of 18 years at Texas Instruments, three years as president of Danray, Inc. and two years at Northern Telecom. Upon arriving at DSC, Mr. Donald refocused its development efforts towards the needs of the long-distance marketplace and, in 1982, the company introduced its first -more- 2 product, a digital tandem long-distance switch. That same year MCI Communications, then a fledgling entrant to the long-distance market, received its first delivery of product from DSC. Since then, and largely through Mr. Donald's leadership, DSC has provided a broad portfolio of switching, access and transport solutions to long-distance, local and wireless service providers around the world. William O. Hunt, a member of DSC's board of directors and chairman of its executive search committee, commented, "We appreciate the outstanding leadership Jim Donald has provided the company for the past 17 years. After joining DSC in 1981, Jim guided the company from a start-up, one-product operation to a $1.6 billion supplier of leading telecommunications solutions. He has led the company into many new markets with multiple strategic product offerings. These offerings have provided the company a solid base to build upon for continued growth." Hunt added that, "I look forward to working with the rest of DSC's board members in naming a successor that will lead DSC into the next millennium." DSC Communications Corporation (NASDAQ:DIGI) is a global provider of advanced telecommunications products, including digital switching, transmission, access and network management systems. DSC's integrated network solutions support voice, data and broadband services, such as intelligent networking, wireless and switched digital video applications. DSC had 1997 annual revenues of approximately $1.6 billion and is active in more than 60 countries worldwide. For more information about DSC and its products, please visit the company's web site at HTTP://WWW.DSCCC.COM. -end-
-----END PRIVACY-ENHANCED MESSAGE-----