-----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, QOcfwc/WMm7jyAbHjB/yocz3Rzg0/f+5UIjxcsbh/9keulnn9JmZ0FLKe9JkR05o VtgYpziDcp06pA+hRDAjbw== 0000950146-96-001614.txt : 19960910 0000950146-96-001614.hdr.sgml : 19960910 ACCESSION NUMBER: 0000950146-96-001614 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19960830 ITEM INFORMATION: Other events FILED AS OF DATE: 19960906 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: EIS INTERNATIONAL INC /DE/ CENTRAL INDEX KEY: 0000032251 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 061017599 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20329 FILM NUMBER: 96626802 BUSINESS ADDRESS: STREET 1: 1351 WASHINGTON BLVD CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2033514800 FORMER COMPANY: FORMER CONFORMED NAME: ELECTRONIC INFORMATION SYSTEMS INC DATE OF NAME CHANGE: 19940218 8-K 1 FORM 8-K 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): August 30, 1996 EIS INTERNATIONAL, INC. ---------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware --------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-20329 06-1017599 - ----------------------- ----------------------------------- (Commission File Number) (IRS Employer Identification No.) 1351 Washington Boulevard, Stamford, Connecticut 06902 ------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (203) 351-4800 -------------------------------------------------- Registrant's Telephone Number, Including Area Code Not Applicable ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. On August 30, 1996, EIS International, Inc. (the "Registrant") issued a press release entitled "EIS International, Inc. Anticipates One-Time Charge Associated with Surefind Expenses", a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1. On September 3, 1996, the Registrant issued a press release entitled "EIS International, Inc. Completes Acquisition of Pulse Technologies, Inc.", a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.2. 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. Date: September 5, 1996 EIS INTERNATIONAL, INC. (Registrant) /s/Herbert W. Balzuweit ----------------------- By:Herbert W. Balzuweit Group Chief Financial Officer INDEX TO EXHIBITS Exhibit Number - ------- 99.1 Press Release, dated August 30, 1996. 99.2 Press Release, dated September 3, 1996. EX-99.1 2 PRESS RELEASE, DATED AUGUST 30, 1996 Exhibit 99.1 EIS International, Inc. Contact: Fran Barsky EIS International (203) 977-6022 FOR IMMEDIATE RELEASE EIS INTERNATIONAL, INC. ANTICIPATES ONE-TIME CHARGE ASSOCIATED WITH SUREFIND EXPENSES Pittsburgh, PA, August 30, 1996 -- EIS International, Inc. (NASDAQ: EISI) today reported that its Surefind operating company anticipates recording a one-time SG&A expense in the third quarter of 1996 that could reduce EPS by approximately $0.09. These costs are associated with the Surefind marketing launch and are being written off as a result of the cancellation of the direct consumer marketing program. The Company continues to be committed to the direct selling of Surefind through distribution channels, and by doing so, will align Surefind's operating expenses with revenue generation. EIS is expected to report its third quarter earnings on October 17, 1996. According to Joseph J. Porfeli, EIS International's chairman and chief executive officer, "We remain confident in the viability of the Surefind business, and believe that by moving our expenses in line with our revenue we will be able to more appropriately build the businesses while targeting broader distribution channels, corporate field sales organizations and small business local area network users." The Company's quarterly and annual operating results are affected by a wide variety of factors that could materially and adversely affect revenues and profitability, including: the timing of customer orders, the Company's ability to introduce new products on a timely basis; introduction of products and technologies by the Company's competitors; and market acceptance of the Company's and its competitors' products. As a result of the foregoing and other facts, the Company may experience material fluctuations in future operating results on a quarterly or annual basis, which could materially and adversely affect its business, financial condition, operating results and stock price. Founded in 1988 and headquartered in Pittsburgh, PA, EIS International, Inc. (NASDAQ: EISI) had revenues in excess of $89 million in fiscal year 1995. EIS International is the parent corporation for three operating companies: EIS Systems, the world's largest provider of integrated call center management software and systems; Cybernetics, a leading supplier of workforce management systems; and Surefind, a guaranteed on-line data backup and recovery service for PC users, laptop users and small businesses. Additional information is available by calling (800) 274-5676 or by visiting the company's web site at http://www.eisi.com. EX-99.2 3 PRESS RELEASE, DATED SEPTEMBER 3, 1996 Exhibit 99.2 EIS International, Inc. MEDIA CONTACT: ANALYST CONTACT Aimee Martin, APR Fran Barsky EIS International, Inc. EIS International, Inc. (203) 977-3087 (203) 977-6022 EIS INTERNATIONAL, INC. COMPLETES ACQUISITION OF PULSE TECHNOLOGIES, INC. PITTSBURGH, PA, September 3, 1996 -- EIS International, Inc., (NASDAQ: EISI) has expanded the spectrum of services it offers the call center industry with the acquisition of the professional services business of Pulse Technologies, Inc. The acquisition price was not disclosed under the terms of the agreement, and is not considered to be material based on the size of the acquisition. As part of the purchase, the company expects to take a one-time charge in the third quarter for acquired technology in process estimated at $1.3 million. The 25-person business of Pulse Technologies is considered an industry leader in call center management consulting and support. The company offers a wide range of services, including management support in voice and data communications; telecommunications networking support; project planning, analysis and management; and systems engineering. Pulse also offers client/server and information systems support, software development and training. The company recently introduced soEZ, a new software for call center data management and reporting. "With the acquisition of Pulse Technologies, EIS International has taken another step in providing our current and future customers with a growing portfolio of integrated products and services," said Joseph J. Porfeli, EIS International's chairman and chief executive officer. "It's been our ongoing strategy to understand and quickly respond to the changing and growing needs of today's call centers." Pulse Technologies will become an independent operating company and will be overseen by Bob Kelly, general manager, Pulse Technologies and executive vice president, business development for EIS International. Pulse founders Philip Lew and John Brown will remain with the business in senior management positions. Lew will focus on new client acquisition as senior vice president, business development, and Brown will be responsible for project fulfillment as senior vice president, operations. The company, which was founded in 1988, is located in Chantilly, Virginia, with branch offices in Arlington, Virginia and St. Louis, Missouri. "The services provided by Pulse Technologies address the most complex and sophisticated problems faced by call centers in effectively implementing high-tech voice and data systems," continued Porfeli. "As companies continue to push the limits of technology within this industry, Pulse Technologies will help them address the growing and complex challenges they face." The Pulse acquisition marks the third strategic acquisition that EIS International has made this year. In February, the company acquired Surefind, an on-line data backup and recovery service. In addition, the company acquired the Cybernetics Systems International in March. Cybernetics is a global supplier of workforce management systems to the call center industry. The company's flagship business is EIS Systems, the world's largest provider of integrated cell center management software and systems. Founded in 1988 and headquartered in Pittsburgh, PA, EIS International, Inc. (NASDAQ: EISI) had revenues in excess of $89 million in fiscal year 1995. Additional information about the company is available by calling (800) 274-5676 or by visiting the company's web site at http://www.eisi.com. -----END PRIVACY-ENHANCED MESSAGE-----