-----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, C5EIIH/dAj3l+Yd/WJE/tyW/AHPNkyu/gSTDhbIm8+l3rfxnNPQ8HjgoaenQ8fnW ++ua7Qmp/lwcCA8s615l/w== 0000950116-97-002262.txt : 19971209 0000950116-97-002262.hdr.sgml : 19971209 ACCESSION NUMBER: 0000950116-97-002262 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971208 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971208 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROM TECH INC CENTRAL INDEX KEY: 0000948703 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 232694937 STATE OF INCORPORATION: PA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27102 FILM NUMBER: 97734087 BUSINESS ADDRESS: STREET 1: 2000 CABOT BLVD STREET 2: SUITE 110 CITY: LANGHORNE STATE: PA ZIP: 19047-1833 BUSINESS PHONE: 2157506606 MAIL ADDRESS: STREET 1: 2000 CABOT BLVD SUITE 110 CITY: LANGHORNE STATE: PA ZIP: 19047-1833 8-K 1 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 Report (Date of earliest event reported): December 8, 1997 ------------------ ROMTECH, INC. (Exact name of registrant as specified in its charter) Pennsylvania 0-27102 23-2694937 - ------------ ------- ---------- (State of other jurisdiction (Commission File Number) (IRS Employee of incorporation) Identification No.) 2000 Cabot Blvd. West, Suite 110, Langhorne, PA 19047-1833 - ----------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (215) 750-6606 ------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. On December 8, 1997, RomTech, Inc. (the "Company") issued a press release announcing a strategic partnership with a developer of internet-based interactive games and the Company's expected revenues for the second quarter ended December 31, 1997, as described in the press release attached as Exhibit 99.1 and incorporated herein by reference. Item 7. Financial Statements. Pro Forma Financial Information and Exhibits. a. None. b. None. c. Exhibits. 99.1 Press Release dated December 8, 1997 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. ROMTECH, INC. By:/s/ Joseph A. Falsetti ------------------------------ Joseph A. Falsetti, Chairman and Chief Executive Officer Dated: December 8, 1997 EX-99.1 2 NEWS RELEASE EXHIBIT 99.1 NEWS RELEASE ROMTECH ANNOUNCES GALAXY ONLINE(TM) GAME STRATEGY AND STRATEGIC PARTNERSHIP - 2nd Quarter Revenues Expected To Be Up 150% - LANGHORNE, PA (December 8, 1997) - RomTech, Inc. (NASDAQ: ROMT), a developer and publisher of value priced consumer entertainment and productivity software, today announced a strategic partnership with TVML, Ltd., ("TVML") a United Kingdom based developer of internet based interactive games. Joseph A. Falsetti, Chief Executive Officer of RomTech, stated that, "Our relationship with TVML enables us to aggressively develop market share in the rapidly developing internet based game market utilizing the Galaxy brand name. The Galaxy 'Superbranding' strategy, launched in February of this year, continues to produce better than expected results. Our new Galaxy brand game and productivity titles are enjoying the same high demand that our original Galaxy titles are experiencing. This confirms the Galaxy branding strategy is working." Falsetti added that, "Based on our current order activity, we expect revenues for the second quarter to be approximately $2.6 million, an almost 150% increase as compared to last year's second quarter restated revenues of $1.06 million. Earnings for the second quarter are expected to be 4 or 5 cents per share versus a loss of 12 cents per share for the second quarter last year. First half fiscal 1998 revenues are expected to approximately match all of fiscal 1997 revenues of $4.4 million. Our goal of doubling revenues in fiscal 1998 to over $8 million is predicated on the success of our Galaxy Series products. The execution of the Galaxy Series branding strategy is achieving results above our expectations." Under the terms of the TVML agreement, RomTech has gained exclusive rights in North America to publish and distribute a Galaxy version of TVML's internet based interactive games. RomTech plans to launch Galaxy Online(TM) in January 1998. Galaxy OnLine will provide all buyers of RomTech's Galaxy of Games(TM) titles access to unlimited free internet game play eventually utilizing TVML's current library of over 30 web based interactive games. The Galaxy OnLine site will offer fun, exciting, challenging multi-player game experiences for all ages. The theme of the Galaxy OnLine website is compatible with intuitive Windows-95(TM) based graphically rich interfaces. Additional features such as email; chat rooms; FAQ's and coming attractions will be accessible to further enrich the Galaxy OnLine users' experience. "We will premier action, board, card, trivia and strategy games in our initial launch," said Tara Greco, Senior Product Manager for Galaxy OnLine. "We hope to reach new customers with this terrific new internet offer. It's a logical extension of our existing game strategy and should strengthen the Galaxy Series brand positioning. Our goal is to build brand awareness in this new game arena," added Greco. Bill Acheson, RomTech's Vice President of Sales and Marketing, explained, "We anticipate a major Spring promotion of Galaxy OnLine. We plan to introduce 6 new Galaxy of Games/Galaxy OnLine products at retail to support the Galaxy OnLine initiative. As we expand the product offering at retail, we will coordinate introducing new categories of games online. Consumers of Galaxy products will now have a wealth of new games available to them, providing hours of safe, easy to enjoy, family fun and entertainment." Acheson stated further, "During the Thanksgiving week sales period a major national retailer reported that RomTech's Galaxy of Games titles accounted for 20% of their total budget software sales. This is remarkable evidence of the growing strength of the Galaxy brand. Incremental revenues from the Galaxy OnLine products during the second half could enable us to exceed our goals for fiscal 1998." RomTech, headquartered in Langhorne, PA was founded in 1992 and went public in 1995. The Company develops, publishes, markets and resells a diversified line of personal computer ("PC") software primarily for consumer and business applications. The Company promotes the Galaxy of Games(TM), Galaxy of Home Office Help(TM) and Galaxy Deluxe(TM) brand names (the "Galaxy Series") in order to generate customer loyalty, encourage repeat purchases and differentiate the Galaxy Series products to retailers and consumers. The Company targets the market of home and small business personal computer users. The Company's sales are primarily made through a large national distributor that sells to large national retail chain stores. This press release contains certain forward-looking statements, including without limitation, statements regarding the success of RomTech's Galaxy branding strategy, RomTech's expected earnings and revenues for the second quarter ending December 31, 1997, expected revenues for the 1998 fiscal year and the success of the Galaxy OnLine games. The actual results achieved by RomTech, and the factors that could cause actual results to differ materially from those indicated by the forward-looking statements, are in many ways beyond RomTech's control. RomTech wishes to caution readers that the following important factors, among others, could affect RomTech's actual results and could cause RomTech's actual results for the second quarter ending December 31, 1997 and for the 1998 fiscal year to differ materially from those expressed in this press release: the allocation of adequate shelf space for RomTech's products in major chain retail stores; successful sell-through results for RomTech's products at retail stores; the inability to obtain and/or develop content for its products in a cost effective manner; the continued expansion of the computer in homes in North America; the ability to deliver products in response to orders within a commercially acceptable time frame; downward pricing pressure; the timeliness and success of developing and selling products; the costs of developing, producing and marketing such products; access to distribution channels; consumers' continuing demand for value-priced software; the renewal of licenses for key software products; competition; and various other factors, many of which are beyond the Company's control. ### -----END PRIVACY-ENHANCED MESSAGE-----