-----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, RrSvAPnboVA/0hodI5eJZUXRHhOqA80tCXj62w6xdYSoDcUtDhZkTx4+n2RwEISD 4OBbFwre/XsgkmuKdNQiwA== 0000950134-02-013100.txt : 20021030 0000950134-02-013100.hdr.sgml : 20021030 20021030134338 ACCESSION NUMBER: 0000950134-02-013100 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021029 ITEM INFORMATION: Other events FILED AS OF DATE: 20021030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: USDATA CORP CENTRAL INDEX KEY: 0000943895 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 752405152 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25936 FILM NUMBER: 02802734 BUSINESS ADDRESS: STREET 1: 2435 NORTH CENTRAL EXPRESSWAY CITY: RICHARDSON STATE: TX ZIP: 75080 BUSINESS PHONE: 9726809700 8-K 1 d00760e8vk.txt FORM 8-K 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 Earliest Event Reported: October 29, 2002 USDATA Corporation (Exact Name of Registrant as Specified in Its Charter) DELAWARE 000-25936 75-2405152 - ------------------------------- ------------------------- ------------------- (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.) 2435 N. Central Expressway, Richardson, TX 75080 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (972) 680-9700 ITEM 5. OTHER EVENTS. On October 29, 2002, USDATA Corporation, a Delaware corporation ("USDATA"), issued a press release announcing management and board of directors changes. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference. 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, thereunto duly authorized. Dated: October 29, 2002 USDATA CORPORATION By: /s/ Jennifer P. Dooley ---------------------------------- Name: Jennifer P. Dooley Title: Chief Financial Officer EXHIBIT INDEX
Exhibit No. Document - ----------- -------- 99.1 Press Release dated October 29, 2002
EX-99.1 3 d00760exv99w1.txt PRESS RELEASE EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACT: JENNIFER P. DOOLEY Chief Financial Officer 972/680-9700, Ext. 359 USDATA ANNOUNCES MANAGEMENT AND BOARD CHANGES JAMES E. FLEET NAMED INTERIM CEO RICHARDSON, TEXAS, October 29, 2002 -- USDATA Corporation announced today that its board of directors has accepted the resignation of Robert (Bob) Merry, president and chief executive officer. Mr. Merry has also resigned from the board of directors. The resignations are effective immediately. The board of directors has appointed James E. Fleet as interim president and chief executive officer. Mr. Fleet is a vice-president with Phoenix Management Services, Inc., an operationally focused turnaround management firm headquartered in Philadelphia, Pennsylvania. He has previously served as interim chief financial officer of USDATA. Mr. Fleet is expected to be with USDATA for a considerable period of time and will serve as a director on the board. USDATA also announced today that Winston Churchill has resigned as the Company's chairman but will remain a director. Elected to the board of directors and replacing Mr. Churchill as chairman is Yaron Eitan. Mr. Eitan is the founder, president and chief executive officer of Selway Partners, LLC., a diversified high technology holding company. Also elected to the board of directors is Randy Illig. Mr. Illig is a venture partner with Selway Partners and is the founder and former chief executive officer of Visalign, an IT service company in Wayne, Pennsylvania. "Bob provided strong leadership to USDATA over the past five years. We will miss his expertise and vision and wish him well in his new endeavors, " said Eitan. "We are pleased that we could retain Jim in the role of interim president and CEO. His prior experience with USDATA and its customers will prove invaluable as we chart the future direction of the Company." "I returned to USDATA because I have a strong belief in the Company. USDATA has a very loyal community of customers, employees, and investors," said Fleet. "I am excited to have this opportunity to strengthen USDATA's position in the marketplace and help craft the future strategic direction." ABOUT USDATA Now in its 28th year, USDATA Corporation (NASDAQ: USDC), headquartered in Richardson, Texas, is a leading global provider of software and services that give enterprises the knowledge and control needed to perfect the products they produce and the processes they manage. Based upon a tradition of flexible service, innovation, and integration, USDATA's software currently operates in more than 60 countries around the globe, including seventeen of the top twenty-five manufacturers. USDATA's software heritage is born out of manufacturing and process automation solutions and has grown to encompass the industry's deepest product knowledge and control solutions. With an eye toward the future of e-business, USDATA continues to innovate solutions that will support the integration of enterprise production and automation information into the supply chain. The company has six offices worldwide and a global network of distribution and support partners. For more information, visit USDATA on the Web at www.usdata.com. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding revenues, margins, operating expenses, earnings, growth rates, and certain business trends that are subject to risks and uncertainties that could cause actual results to differ materially from the results described herein. Specifically, the ability to grow product and service revenues may not continue and the company may not be successful in developing new products, product enhancements, or services on a timely basis or in a manner that satisfies customers needs or achieves market acceptance. Other factors that could cause actual results to differ materially are: competitive pricing and supply, market acceptance and success for service offerings, short-term interest rate fluctuations, general economic conditions, employee turnover, possible future litigation, and related uncertainties on future revenue and earnings as well as the risks and uncertainties set forth from time to time in the company's other public reports and filings and public statements. Recipients of this document are cautioned to consider these risks and uncertainties and to not place undue reliance on these forward-looking statements. All subsequent written and oral forward-looking statements attributable to the company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. x x x October 29, 2002 02011
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