-----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, DFSMzMIMVsdW8iexqZctJIGybCXbc23AZ2NpXuUuDYlVYX+mJP36oNEBchB5pRWO C6j+7J4vqj2/+JHq1aqQhA== 0000835951-98-000012.txt : 19981102 0000835951-98-000012.hdr.sgml : 19981102 ACCESSION NUMBER: 0000835951-98-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981030 ITEM INFORMATION: FILED AS OF DATE: 19981030 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATI NETWORKS INC /CO/ CENTRAL INDEX KEY: 0000835951 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 841089801 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-22832-D FILM NUMBER: 98734391 BUSINESS ADDRESS: STREET 1: 460 CEDAR STREET CITY: FOND DU LAC STATE: WI ZIP: 54935 BUSINESS PHONE: 9209227030 MAIL ADDRESS: STREET 1: 460 CEDAR STREET CITY: FOND DU LAC STATE: WI ZIP: 54935 FORMER COMPANY: FORMER CONFORMED NAME: WATERFORD INTERNATIONAL INC DATE OF NAME CHANGE: 19980710 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 30, 1998 ATI NETWORKS, INC. (Exact Name of Registrant as Specified in its Charter) COLORADO (State or Other Jurisdiction of Incorporation) 033-22832-D 84-1089801 (Commission File Number) (I.R.S. Employer Identification Number) 460 Cedar Street 54935 Fond du Lac, WI (Address of Principal Executive Offices) (Zip Code) (920) 922-7030 (920) 922-7011 FAX (Registrant's Telephone Number, Including Area Code) INFORMATION INCLUDED IN THIS REPORT ITEMS 1 THROUGH 4, 6 THROUGH 9 NOT APPLICABLE. ITEM 5. OTHER EVENTS. (i)Reference is made to the press release issued to the public by the Registrant on October 30, 1998, the text of which is attached hereto as Exhibit 99.1, for a description of the events reported pursuant to this Form 8-K. INDEX TO EXHIBITS Exhibit Description 99.1 Text of press release dated October 30, 1998 Exhibit 99.1 ATI NETWORKS, INC. 460 Cedar Street, Fond du Lac, Wisconsin 54935 Phone: 920-922-7030, Fax: 920-922-7011 E-Mail amtech@landnet.com Internet: http://www.atinetworks.com NEWS RELEASE FOR IMMEDIATE RELEASE ATI NETWORKS INC. TO ACQUIRE POSITION INC. ______________________________________________________________________ FOR MORE INFORMATION CONTACT: Mark Kabbash: 212-551-7874 Fond du Lac, WI, October 29, 1998 - ATI Networks Inc. (OTC: ATIW) today announced it has signed a definitive agreement to acquire Position, Inc., a leading provider of GPS tracking technology. Position Inc., based in Calgary, Canada, with sales offices in key agriculture states, develops and markets electronic guidance products to the agriculture industry. These products provide positioning and navigation information, integrating GPS, data communications, and GIS technologies with the company's proprietary software and hardware. "The acquisition of Position Inc. will increase our market share in the positioning and tracking industry by expanding our customer base into the agricultural business. ATI's GPS tracking and satellite communications products appeal largely to the commercial transportation business. The agricultural industry represents another large sector of customers using high technology to increase profits and efficiency. By combining the strengths of these two innovative companies, ATI is poised for tremendous future growth," said Larry Bestor, President of ATI. Position Inc. developed and markets both the Marker guidance product and the Contour guidance system to the agriculture market. These products combine virtual reality and data management software with sophisticated GPS technology to provide real-time, accurate, and easy-to-use electronic guidance. The products are marketed through a distribution network that reaches and services more than three-quarters of the North American market. ATI Networks, Inc. is a publicly traded Internet software and communications company that is the leading provider of wireless communications and tracking software. The company licenses its technology to customers through a multi-channel distribution system of authorized resellers, systems integrators, and its own direct sales group. Additional product and investor information is also available on the company's website at http://www.atinetworks.com. - -- end -- 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. ATI NETWORKS, INC. /s/ Larry Bestor DATE: October 30, 1998 By:LAWRENCE BESTOR Name:Larry Bestor Title:Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----