-----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, RpFzQuyGoHDWSqfkGjVdSOJ0PbDwBVg7MiOALX8I0uZEBQXirGxKLUG+jV+AYate aTQJGvXv1fs5msm3360X0Q== 0000914760-95-000101.txt : 19951006 0000914760-95-000101.hdr.sgml : 19951006 ACCESSION NUMBER: 0000914760-95-000101 CONFORMED SUBMISSION TYPE: 8-K CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950718 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19951005 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC INTERNATIONAL SERVICES CORP CENTRAL INDEX KEY: 0000727066 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 952877371 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11404 FILM NUMBER: 00000000 BUSINESS ADDRESS: STREET 1: 1600 KAPIOLANI BLVD STE 825 CITY: HONOLULU STATE: HI ZIP: 96814 BUSINESS PHONE: 8089264242 MAIL ADDRESS: STREET 1: 1600 KAPIOLANI BLVD STREET 2: SUITE 825 CITY: HONOLULU STATE: HI ZIP: 96814 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) July 18, 1995 PACIFIC INTERNATIONAL SERVICES CORP. (Exact Name of Registrant as Specified in Its Charter) California (State or Other Jurisdiction of Incorporation) 0-11404 95-2877371 (Commission File Number) (I.R.S. Employer Identification Number) 1600 Kapiolani Boulevard, Suite 825, Honolulu, Hawaii 96814 (Address of Principal Executive Offices) (808) 926-4242 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. Pacific International Services Corp. (the "Company") has entered into an agreement to sell its rental car division to Dollar Systems, Inc. ("Dollar Systems"). The Company has issued a press release on July 19, 1995, the terms of which are incorporated herein by reference. Item 7. Financial Statements and Exhibits. 99.1 Press Release issued on July 19, 1995. 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. PACIFIC INTERNATIONAL SERVICES CORP. (Registrant) Date: July 19, 1995 By: /s/ Alan M. Robin Alan M. Robin President EX-99 2 For more information, contact: Alan Robin, PISC Honolulu, Hawaii (808)926-4242 or Gary Paxton, President, Dollar Tulsa, Oklahoma (918)669-3010 JULY 19, 1995 FOR IMMEDIATE RELEASE PACIFIC INTERNATIONAL SERVICES CORP. SELLING RENTAL OPERATIONS TO DOLLAR HONOLULU, Hawaii. Pacific International Services Corp. (PISC), today announced it has entered into an agreement with Dollar Systems, Inc. (Dollar), to sell its vehicle rental operations. The purposed transaction is subject to due diligence review, as well as approvals of PISC's public shareholders, bondholders, and others. PISC will continue to own and operate South Seas Motors and Oahu Chrysler Jeep in Honolulu. Dollar President, Gary L. Paxton, said the transaction will benefit the travel industry and consumer in Hawaii, as well as Dollar and PISC. "Hawaii is one of the top tourism markets in the world. Since Dollar has always marketed aggressively to the leisure traveler, we saw this as an ideal opportunity to enhance an already strong presence of Dollar on the islands," Paxton said. Paxton was also complimentary of the management and employees of PISC in building market share in Hawaii, and pledged to maintain the high quality of service customers have come to expect when traveling "to the most beautiful islands in the world". Alan Robin, President of PISC, added, "Car rental in leisure destinations is fiercely competitive, and Dollar has a powerhouse track record in serving leisure markets like California and Florida. I have every confidence that with their abundant resources, they will make Dollar Hawaii a stronger travel partner on the islands, and provide even greater value to our customers and travel agents worldwide." Dollar Systems, Inc., a subsidiary of Pentastar Transportation Group, Inc., based in Tulsa, Oklahoma, has more that 1,300 worldwide locations in 60 countries. -----END PRIVACY-ENHANCED MESSAGE-----