<PAGE>
UNITED STATES
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 (Date of earliest event reported): July 31, 1998
DAOU SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-22073 330284454
(Commission File Number) (IRS Employer Identification No.)
5120 Shoreham Place, San Diego, California 92122
(Address of principal executive offices , including zip code)
(619) 452-2221
(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS.
The unaudited revenue and net income of DAOU Systems, Inc. ("DAOU")
for the month ended July 31, 1998, were $9.1 million and $665,000,
respectively. On June 16, 1998, DAOU acquired all of the issued and
outstanding shares of (i) Technology Management, Inc., an Indiana corporation
("TMI"), through a pooling-of-interests merger in exchange for 1,078,963
shares of DAOU common stock, (ii) International Health Care Systems, Inc., a
Florida corporation ("IHCS"), through a pooling-of-interests merger in
exchange for 224,668 shares of DAOU common stock. On June 26, 1998, DAOU
acquired all of the issued and outstanding shares of each of (a) Resources in
Healthcare Innovations, Inc., an Indiana corporation ("RHI"), (b) Healthcare
Transition Resources, Inc., an Indiana corporation ("HRI"), (c) Ultitech
Resources Group, Inc., an Indiana corporation ("URG"), (d) Innovative Systems
Solutions, Inc., an Indiana corporation ("ISS") and (e) Grand Isle
Consulting, Inc., an Indiana corporation ("GIC"), through a
pooling-of-interests merger in exchange for 1,839,381, 275,662, 282,551,
308,583 and 223,645 shares of DAOU common stock, respectively. The revenue
and net income amounts set forth above include 30 days of combined operations
of DAOU, TMI, IHCS, RHI, HTR, URG, ISS and GIC. This information is reported
solely for purposes of complying with the Securities and Exchange
Commission's Accounting Series Release 135. These revenue and net income
figures include operations from part of DAOU's third quarter ending September
30, 1998, and are not necessarily indicative of results expected for the
entire third quarter ending September 30, 1998, or for the fiscal year ending
December 31, 1998.
-2-
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 4, 1998 DAOU SYSTEMS, INC.
By: /s/ FRED C. MCGEE
--------------------------------------
Fred C. McGee, Chief Financial Officer
-3-
