-----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, P2D2p0Ckj+DtHeF17lYhLi79sTHzi+2ygHYENnumdR+xZYh+FMKJilRGbT5qkwxi WZ7Vvsoginxox3h9Si1XaA== 0000950134-03-009456.txt : 20030625 0000950134-03-009456.hdr.sgml : 20030625 20030625121941 ACCESSION NUMBER: 0000950134-03-009456 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030624 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: XETA TECHNOLOGIES INC CENTRAL INDEX KEY: 0000742550 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 731130045 STATE OF INCORPORATION: OK FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16231 FILM NUMBER: 03756187 BUSINESS ADDRESS: STREET 1: 1814 WEST TACOMA CITY: BROKEN ARROW STATE: OK ZIP: 74012 BUSINESS PHONE: 9186648200 MAIL ADDRESS: STREET 1: 1814 WEST TACOMA CITY: BROKEN ARROW STATE: OK ZIP: 74012 FORMER COMPANY: FORMER CONFORMED NAME: XETA CORP DATE OF NAME CHANGE: 19920703 8-K 1 d06979e8vk.txt FORM 8-K U. S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): June 24, 2003 XETA Technologies, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Oklahoma 0-16231 73-1130045 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 1814 West Tacoma, Broken Arrow, Oklahoma 74012 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 918-664-8200 ---------------------------- - -------------------------------------------------------------------------------- (Former name or address, if changed since last report.) Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 99.1 Press release dated June 24, 2003. Item 9. Regulation FD Disclosure. On June 24, 2003, the Company issued a press release reporting that it has signed a "Premium Partner" agreement with Nortel Networks. A copy of the Company's press release is attached hereto as Exhibit 99.1. 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. XETA Technologies, Inc. (Registrant) Dated: June 24, 2003 By: /s/ Jack R. Ingram -------------------------------- Jack R. Ingram CEO and President 2 EXHIBIT INDEX
SEC No. Description Page ------- ----------- ---- (1) Underwriting Agreement - None. (2) Plan of acquisition, reorganization, arrangement, liquidation or succession - N/A. (4) Instruments defining rights of security holders, including indentures - previously filed as Exhibits 3.1, 3.2 and 3.3 to the registrant's Registration Statement on Form S-1, Registration No. 33-7841. (16) Letter on change in certifying accountant - N/A. (17) Letter on director resignation - N/A. (20) Other documents or statements to security holders - None. (23) Consents of experts and counsel - N/A (24) Power of attorney - None. (99) Additional exhibits 99.1 Press Release dated June 24, 2003
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EX-99.1 3 d06979exv99w1.txt PRESS RELEASE EXHIBIT 99.1 (XETA TECHNOLOGIES LOGO) - -------------------------------------------------------------------------------- NEWS RELEASE Date: June 24, 2003 FOR IMMEDIATE RELEASE Contact: Cheryl Moll XETA Technologies (918) 664-8200 XETA TECHNOLOGIES SIGNS PREMIUM PARTNER AGREEMENT WITH NORTEL NETWORKS BROKEN ARROW, OK - XETA Technologies (NASDAQ:XETA), a national provider of converged communications solutions for the enterprise marketplace, today announced it has signed a "Premium Partner" agreement with Nortel Networks. The Nortel Networks "Premium Partner" program--their highest level of partnership--provides select business partners access to the broadest spectrum of products, services and support programs. Nortel Networks is a globally recognized leader in both voice and data technologies and is among the industry leaders in Internet Protocol (IP) telephony. "We are pleased to be a Nortel Networks Premium Partner," said Jack Ingram, Chairman, CEO and President of XETA Technologies. "This partnership, in complement with our Avaya partnership, is consistent with, and greatly enhances the fulfillment of our vision to become the nation's premier provider of converged communications solutions. Adding the Nortel Networks product lines effectively doubles XETA's market reach and broadens our ability to service the ever-changing needs of our customers," added Ingram. Larry Patterson, Sr. Vice President of Sales and Services, stated, "With recent advancements in technology and consolidations throughout industry, our customers are increasingly adopting multi-vendor strategies. In today's multi-vendor environment, it is critical to ensure that service levels are maintained, networks operate efficiently and applications work in harmony. This new partnership with Nortel Networks greatly enhances our ability to meet these multi-vendor needs of the market. XETA can now provide a much greater array of customers with a single point of contact for their converged communications needs with a goal of lowering their operating costs and enhancing their network management capabilities. To incorporate this additional dimension into XETA, the initial focus will be on building our Nortel Networks capabilities and establishing the necessary workflow processes in order to deliver the XETA standards that our customers have come to expect." "We enthusiastically embrace this new partnership with Nortel Networks and will begin developing the opportunities immediately. To effectively implement this new dimension, several new employees will be added in addition to extensive cross training of our existing personnel. This is a very large undertaking and we must proceed at a pace permitted by the current poor economic climate. To begin the capability build-up, we will employ some of our own capital coupled with a market development package supplied by Nortel Networks. Assuming a reasonable continuation of economic conditions as they now appear, we expect to see positive financial contribution from this effort beginning in the fourth quarter of this calendar year," stated Ingram. # # # ABOUT XETA TECHNOLOGIES XETA Technologies is a leading communications integrator with sales and service locations nationwide. XETA has grown from being the lodging industry's leading provider of call accounting solutions to a major national integrator of enterprise communications equipment. Through internal growth and corporate acquisitions, XETA today is positioned to serve and lead the growing market of converged communications network solutions for voice, data and video applications. XETA is also building upon its success as one of the largest integrators of Avaya voice and data systems, serving national business clients in sales, consulting, engineering, project management, installation and service support. XETA is at the forefront of providing communication solutions and consulting services supporting applications such as Microsoft Exchange 2000 and addressing the growing demand for Unified Messaging and Voice-over Internet Protocol (VoIP) applications. XETA Technologies has recently been recognized by Fortune Small Business magazine's Top 100 Fastest-Growing Companies, Fortune magazine's "100 Fastest-Growing Companies", Forbes magazine's "Best 200 Small Companies in America" and BusinessWeek's "Top 100 Hot Growth Companies". For more information about XETA Technologies, visit www.xeta.com. This news release contains forward-looking statements that are made subject to the provisions of the Private Securities Litigation Reform Act of 1995. These statements include statements concerning the Company's expectations for increased business opportunities as a Nortel Networks distributor and the impact of these opportunities upon the Company's future financial results. These and other forward-looking statements (generally identified by such words as "expects," "plans," "believes," "anticipates" and similar words or expressions) reflect management's current expectations, assumptions, and beliefs based upon information currently available to management. Investors are cautioned that all forward-looking statements are subject to certain risks and uncertainties which are difficult to predict and that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, the Company's ability to successfully exploit the Nortel Networks market, the overall health of the U.S. economy and the telecommunications market specifically, the long-term success of the Company's growth strategies, the Company's ability to manage its bank debt and meet its covenant requirements, market acceptance of and demand for the Company's product and service offerings, inflation, competition, and the availability and retention of sales professionals and trained technicians. Additional factors which could affect actual results are described in the section entitled "Outlook and Risk Factors" contained in the Company's Form 10-K for its fiscal year ended October 31, 2002 and Form 10-Q for its quarters ended January 31, 2003 and April 30, 2003.
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