-----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, RLUfTKdWzlFnLoqZYlCQpHLm4hdbXa2zrkPt26O894cC1M7Mkh18WHesrzK6cM4W GJhxZ0J5rD4AvKUWhXHbeQ== 0000893816-06-000006.txt : 20060120 0000893816-06-000006.hdr.sgml : 20060120 20060120164704 ACCESSION NUMBER: 0000893816-06-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060120 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060120 DATE AS OF CHANGE: 20060120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INFOCROSSING INC CENTRAL INDEX KEY: 0000893816 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 133252333 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20824 FILM NUMBER: 06541265 BUSINESS ADDRESS: STREET 1: 2 CHRISTIE HEIGHTS STREET CITY: LEONIA STATE: NJ ZIP: 07605 BUSINESS PHONE: 2018404700 MAIL ADDRESS: STREET 1: 2 CHRISTIE HEIGHTS STREET CITY: LEONIA STATE: NJ ZIP: 07605 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER OUTSOURCING SERVICES INC DATE OF NAME CHANGE: 19930328 8-K 1 k8_mbt-resign.txt ANNOUNCE THE RESIGNATION OF MICHAEL TARGOFF ================================================================================ 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 earliest event reported) JANUARY 20, 2006 INFOCROSSING, INC. (Exact name of registrant as specified in its charter) DELAWARE 0-20824 13-3252333 (State or other jurisdiction (Commission (IRS Employer Of incorporation) File Number) Identification No.) 2 CHRISTIE HEIGHTS STREET LEONIA, NEW JERSEY 07605 (Address of principal executive offices) (Zip Code) (201) 840-4700 (Registrant's telephone number, including area code.) N/A (Former name and former address, if changed since last report.) 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 (see General Instruction A. 2. below): [ ] 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)) SAFE HARBOR FOR FORWARD-LOOKING AND CAUTIONARY STATEMENTS This report may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. As such, final results could differ from estimates or expectations due to risks and uncertainties, including, but not limited to: incomplete or preliminary information; changes in government regulations and policies; continued acceptance of Infocrossing, Inc.'s products and services in the marketplace; competitive factors; closing contracts with new customers and renewing contracts with existing customers on favorable terms; expanding services to existing customers; new products; technological changes; Infocrossing, Inc.'s dependence upon third-party suppliers; intellectual property rights; difficulties with the identification, completion, and integration of acquisitions, including the integration of Infocrossing Healthcare Services, Inc., f/k/a Verizon Information Technologies Inc., and (i)Structure, LLC; and other risks. For any of these factors, Infocrossing, Inc. (the "Company") claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. ITEM 5.02(b) DEPARTURE OF A DIRECTOR On January 20, 2006, Michael B. Targoff resigned as a director of the Company and also from all committees on which he was a member. Immediately prior to his resignation, Mr. Targoff was a member of the Executive Committee and the Options and Compensation Committee. Mr. Targoff had no disagreement with the Company on any matter relating to the Company's operations, policies or practices, including without limitation, with respect to any accounting matters. The Company's press release announcing Mr. Targoff's resignation is attached as Exhibit 99 to this Current Report. ITEM 9.01(d) EXHIBITS The following materials are attached as exhibits to this Current Report on Form 8-K: EXHIBIT NUMBER DESCRIPTION - ---------- -------------------------------------------------------------------- 99 Press Release of the Company ================================================================================ 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: January 20, 2006 INFOCROSSING, INC. Registrant By: /s/ NICHOLAS J. LETIZIA --------------------------- Name: Nicholas J. Letizia Title: SVP, General Counsel & Secretary EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - ---------- -------------------------------------------------------------------- 99 Press Release of the Company ================================================================================ EX-99 2 pr_mbt-resign.txt PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: Chairman and Chief Executive Officer Zach Lonstein Infocrossing, Inc. (201) 840-4726 zlonstein@infocrossing.com MICHAEL B. TARGOFF RESIGNS AS A DIRECTOR OF INFOCROSSING, INC. RECENT APPOINTMENT LIMITS TIME HE CAN DEVOTE TO INFOCROSSING'S ACTIVITIES LEONIA, NJ, JANUARY 20, 2006 -- INFOCROSSING, INC. (NASDAQ: IFOX) announced today that effective immediately Michael B. Targoff has resigned as a director of the Company and all committee memberships which he had held. Mr. Targoff had been a member of the Executive Committee and the Options and Compensation Committee of the Board of Directors. In November 2005, Mr. Targoff was named Non-Executive Vice Chairman of the Board of Directors of Loral Space & Communications Inc. (Nasdaq: LORL). As a result of his new responsibilities at Loral, Mr. Targoff decided to resign as a director of Infocrossing as well as a director of another public company. There were no disagreements between Mr. Targoff and Infocrossing. "We appreciate Mr. Targoff's service as a director of Infocrossing over the past four and one-half years," remarked Zach Lonstein, Chairman and Chief Executive Officer of the Company. "He was instrumental in the dramatic growth of the Company since 2001, and we expect he will be instrumental in guiding the growth of Loral. We wish him great success in his new role," Mr. Lonstein concluded. Mr Targoff commented: "I enjoyed assisting Infocrossing in becoming a premier provider of selective outsourcing with a national data center infrastructure. It had become obvious to me over the past few months that with my new responsibilities at Loral, I would, regrettably, no longer be able to devote the time required to serve as a director of Infocrossing. As a result of the significant progress made at Infocrossing over the past few years, I have confidence in its future success," Mr. Targoff concluded. Mr. Targoff was elected to the Company's Board of Directors in May 2001. He is the founder of Michael B. Targoff & Co., a company that seeks active or controlling investments in telecommunications and related industry early stage companies. Mr. Targoff serves on Loral's executive, compensation, and audit committees. He also is chairman of the board of directors of Communication Power Industries ("CPI") and a director of ViaSat, Inc. and Leap Wireless International, Inc. ("Leap"). Mr. Targoff is chairman of the audit committees of CPI and Leap. He also is chairman of the board of directors of three private telecom companies. ABOUT INFOCROSSING, INC. (http://www.infocrossing.com) Infocrossing, Inc. (IFOX) is a provider of selective IT outsourcing services, delivering the computing platforms and proprietary systems that enable companies, regardless of industry, to process data and share information within their business, and between their customers, suppliers and distribution channels. Leading companies leverage Infocrossing's robust computing infrastructure, skilled technical team, and process-driven operations to reduce costs and improve service delivery by outsourcing the operation of mainframes, mid-range, open system servers, networks, and business processes to Infocrossing. Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. As such, final results could differ from estimates or expectations due to risks and uncertainties, including, but not limited to: incomplete or preliminary information; changes in government regulations and policies; continued acceptance of the Company's products and services in the marketplace; competitive factors; closing contracts with new customers and renewing contracts with existing customers on favorable terms; expanding services to existing customers; new products; technological changes; the Company's dependence upon third-party suppliers; intellectual property rights; difficulties with the identification, completion, and integration of acquisitions, including the integration of Infocrossing Healthcare Services, Inc., f/k/a Verizon Information Technologies Inc., and (i)Structure, LLC and other risks. For any of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. # # # # -----END PRIVACY-ENHANCED MESSAGE-----