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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): April 30, 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)
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ITEM 5. OTHER EVENTS.
The unaudited revenue and net income of DAOU Systems, Inc. ("DAOU")
for the 30-day period ended April 30, 1998, were $5.9 million and $220,000,
respectively. On March 31, 1998, DAOU acquired all of the issued and
outstanding shares of (i) Sentient Systems, Inc., a Maryland corporation
("Sentient"), through a pooling-of-interests merger in exchange for 1,397,550
shares of DAOU common stock, and (ii) Synexus Incorporate, a Pennsylvania
corporation ("Synexus"), through a pooling-of-interests merger in exchange
for 161,235 shares of DAOU common stock. The revenue and net income amounts
set forth above include 30 days of combined operations of DAOU, Sentient and
Synexus. 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 second
quarter ending June 30, 1998, and are not necessarily indicative of results
expected for the entire second quarter ending June 30, 1998, or for the
fiscal year ending December 31, 1998.
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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: May 8, 1998 DAOU SYSTEMS, INC.
By: /s/ Fred C. McGee
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Fred C. McGee, Chief Financial Officer
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