-----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, BL7MyQbYK2IAVNupLpCRXKnuLpC7gcqss4uB0pMY1Ypyld0OPWN4HY+P/FMt/p2E wXZeIKWVdtoTMKqabVkEvw== 0000950135-98-003871.txt : 19980617 0000950135-98-003871.hdr.sgml : 19980617 ACCESSION NUMBER: 0000950135-98-003871 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980518 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980616 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROJECT SOFTWARE & DEVELOPMENT INC CENTRAL INDEX KEY: 0000920354 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 042448516 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23852 FILM NUMBER: 98649103 BUSINESS ADDRESS: STREET 1: 20 UNIVERSITY RD CITY: CAMBRIDGE STATE: MA ZIP: 02138 BUSINESS PHONE: 6176611444 MAIL ADDRESS: STREET 1: 20 UNIVERSITY RD CITY: CAMBRIDGE STATE: MA ZIP: 02138 8-K 1 PROJECT SOFTWARE & DEVELOPMENT, INC. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 02549 ---------- 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): May 18, 1998 ------------- PROJECT SOFTWARE & DEVELOPMENT, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) MASSACHUSETTS 0-23852 04-2448516 - -------------------------------------------------------------------------------- (State or other jurisdiction) (Commission (IRS Employer of incorporation) File Number) Identification No.) 100 CROSBY DRIVE, BEDFORD, MASSACHUSETTS 01730 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (781) 280-2000 --------------- 2 ITEM 5. OTHER EVENTS. On May 18, 1998, Robert L. Daniels was unanimously elected executive Chairman of the Board of Directors of Project Software & Development, Inc. ("PSDI"). Mr. Daniels replaced David Sample, who resigned as Chairman, Chief Executive Officer and President of PSDI. In addition, Norman E. Drapeau, Jr. was elected Chief Executive Officer and President and Paul Birch was elected to the Board of Directors. PSDI issued a press release announcing these changes on May 18, 1998. A copy of the press release is filed as Exhibit 99 to this report and is incorporated herein by reference. 2 3 ITEM 7. EXHIBITS. Number Title ------ ----- 99 Press Release of Project Software & Development, Inc. dated May 18, 1998 3 4 SIGNATURE 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, thereunto duly authorized. PROJECT SOFTWARE & DEVELOPMENT, INC. Dated: June 16, 1998 By: /s/ Paul D. Birch ------------------------- Paul D. Birch Executive Vice-President, Finance and Administration and Chief Financial Officer 4 5 EXHIBIT INDEX Pursuant to Item 601 of Regulation S-K Number Title ------ ----- 99 Press Release of Project Software & Development, Inc. dated May 18, 1998 EX-99 2 PRESS RELEASE 1 Exhibit 99 [GRAPHIC OMITTED] NEWS Contact: Paul D. Birch EVP, Finance & Administration FOR IMMEDIATE RELEASE Chief Financial Officer & Treasurer (781)280-6550 paul_birch@psdi.com PSDI ANNOUNCES BOARD AND MANAGEMENT CHANGES BEDFORD, Mass. - May 18, 1998 - PSDI (NASDAQ: PSDI) today announced that Mr. Robert L. Daniels was unanimously elected executive Chairman of the Board replacing David Sample who resigned as Chairman, Chief Executive Officer and President of the Company. In addition, Mr. Norman E. Drapeau, Jr. was elected Chief Executive Officer and President. Mr. Paul Birch, Executive Vice President and Chief Financial Officer was elected to the Board of Directors. PSDI develops, markets and supports applications software used by businesses, government agencies, and other organizations to assist them in maintaining high-value capital assets such as plants, facilities and production equipment. The Company's products are designed to enable customers to reduce downtime, control maintenance expenses, cut spare parts inventories and costs, improve purchasing efficiency, and more effectively deploy productive assets, personnel and other resources. Based in Bedford, Mass., PSDI markets its products through a direct sales force fwith sales offices throughout the United States, Canada, Argentina, Australia, UK, France, Germany, Hong Kong, India, Japan, Thailand, Sweden, Mexico and the Netherlands, combined with a network of international sales agents. 6 -----END PRIVACY-ENHANCED MESSAGE-----