-----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, IdaXfDk9tQpNXf4DZuhWA9ZqW7BGj8txZqnPdKBptCl72rrZWfQH7MVnlHdJirg9 RzhtJIrAEBtHUiIWZkFrzQ== 0001157523-07-003689.txt : 20070418 0001157523-07-003689.hdr.sgml : 20070418 20070417184440 ACCESSION NUMBER: 0001157523-07-003689 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070417 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070418 DATE AS OF CHANGE: 20070417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASPYRA INC CENTRAL INDEX KEY: 0000712815 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 953353465 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13268 FILM NUMBER: 07771995 BUSINESS ADDRESS: STREET 1: 26115 A MUREAU RD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8188806700 MAIL ADDRESS: STREET 1: 26115 A MUREAU ROAD CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: CREATIVE COMPUTER APPLICATIONS INC DATE OF NAME CHANGE: 19920703 8-K 1 a5379865.txt ASPYRA, INC. 8-K 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 the earliest event reported): April 17, 2007 Aspyra, Inc. (Exact Name of Registrant as Specified in Its Charter) California 0-12551 95-3353465 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 26115-A Mureau Road Calabasas, CA 91302 (Address of Principal Executive Offices) (Zip Code) (818) 880-6700 (Registrant's Telephone Number, Including Area Code) 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: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) - 1 - Item 2.02 Results of Operations and Financial Condition. On April 17, 2007, Aspyra, Inc. issued a press release announcing its operating and financial results for the fourth quarter and fiscal year ended December 31, 2006. A copy of the Press Release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K and the Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit - ------- ------------------------------------------------------------------ 99.1 Aspyra, Inc. Press Release issued April 17, 2007. - 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. April 17, 2007 Aspyra, Inc. /s/ Steven M. Besbeck ------------------------------------- Steven M. Besbeck President and Chief Executive Officer - 3 - EXHIBIT INDEX Exhibit Number Description of Exhibit - ------- ------------------------------------------------------------------ 99.1 Aspyra, Inc. Press Release issued April 17, 2007. - 4 - EX-99.1 2 a5379865ex991.txt EXHIBIT 99.1 Exhibit 99.1 Aspyra Reports Results of Operations for the Fourth Quarter and Fiscal Year Ended December 31, 2006 CALABASAS, Calif.--(BUSINESS WIRE)--April 17, 2007--Aspyra, Inc. (AMEX:APY), a provider of clinical and diagnostic information systems for the healthcare industry, today reported its results of operations for the fourth quarter and fiscal year ended December 31, 2006. Sales were $3,487,280 for the fourth quarter and the Company incurred a net loss of $482,477 or basic and diluted net loss per share of $.04 compared to sales of $2,096,790 for the fourth quarter ended December 31, 2005, and the Company incurred a net loss of $1,003,261 or basic and diluted net loss per share of $.17. For the fiscal year sales were $12,689,217 and the company incurred a net loss of $3,570,438 or basic and diluted net loss per share of $.36, compared to sales of $7,205,757 and a net loss of $2,501,915 or basic and diluted net loss per share of $.62 for the fiscal year ended December 31, 2005. In fiscal 2006 there were 9,914,916 basic and diluted shares outstanding compared to 4,038,233 basic and diluted shares outstanding in fiscal 2005. Steven M. Besbeck stated, "The results of operations for fiscal 2006 were for the first full year of operation since the consummation of the merger between the Company and Aspyra Diagnostic Solutions, Inc., formerly StorCOMM, Inc., on November 22, 2005. We substantially completed the integration of the businesses during the past fiscal year and incurred losses which were primarily attributable to the costs of integrating the businesses which are fully discussed in the Company's annual report on Form 10-KSB which was filed today. We look forward to improved operating results later this fiscal year." Aspyra is a global provider of Health Care Information Technology (HCIT) solutions and services to the healthcare industry. The Company specializes in Clinical Information Systems (CIS), Picture Archive Communication Systems (PACS) and Clinical Image Management Systems (CIMS) for hospitals, multi-specialty clinics, clinical laboratories, imaging departments and centers, orthopedic environments and pharmacies. Aspyra's highly scalable systems can be installed standalone or integrated to provide a single-vendor, enterprise-wide solution. For more information on Aspyra, its products and services, visit www.aspyra.com. Safe Harbor Statement This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for Aspyra's markets and the demand for its products. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management as of today April 17, 2007, including management's own knowledge and assessment of the Company's industry and competition. Factors that could cause Aspyra's actual results to differ materially from these forward-looking statements include among others: whether the combined company will realize the potential benefits of the merger; the competitive environment; unexpected technical and marketing difficulties inherent in major product development efforts; the potential need for changes in our long-term strategy in response to future developments; future advances in clinical information technology and procedures, as well as potential changes in government regulations and healthcare policies; and rapid technological change in the microelectronics and software industries. The Company refers interested persons to its most recent Annual Report on Form 10-KSB and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The Company assumes no duty to update its forward-looking statements. CONTACT: Aspyra, Inc. Steven M. Besbeck, President and CEO 818-880-6700, x8660 -----END PRIVACY-ENHANCED MESSAGE-----