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) September 15, 1999
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NETLOJIX COMMUNICATIONS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-27580 87-0378021
(Commission File Number) (I.R.S. Employer Identification No.)
501 Bath Street, Santa Barbara, California 93101
(Address of Principal Executive Offices) (Zip Code)
(805) 884-6300
(Registrant's Telephone Number, Including Area Code)
AVTEL COMMUNICATIONS, INC.
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
Effective September 15, 1999, the Registrant changed its corporate
name from AvTel Communications, Inc. to NetLojix Communications, Inc. The
change was effected by the merger of a wholly-owned subsidiary of the
Registrant with and into the Registrant. Other than the change of corporate
name, no changes were made in the Certificate of Incorporation or Bylaws of
the Registrant. Also effective September 15, 1999, the Registrant changed
its stock symbol on The Nasdaq SmallCap Market from "AVCO" to "NETX."
Simultaneously, the CUSIP number for the Registrant's Common Stock, $.01
par value, changed from 054529 20 1 to 641143 10 2.
Attached as Exhibit 99.1 is Registrant's press release regarding
the name and stock symbol change.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
99.1 Press Release, dated September 15, 1999.
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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.
NETLOJIX COMMUNICATIONS, INC.
Dated: September 15, 1999 By: /s/ ANTHONY E. PAPA
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Anthony E. Papa
Chairman and Chief Executive Officer
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EXHIBIT 99.1
AvTel Becomes NetLojix Communications, Inc.
Company To Focus On Enterprise Network Solutions
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sept. 15, 1999--NetLojix
Communications, Inc. (Nasdaq:NETX - news), a single-source provider of
integrated enterprise network solutions, today announced it has completed
its name change from AvTel Communications (formerly Nasdaq:AVCO). The
Company's common stock will commence trading under its new stock symbol
effective immediately. Having recently executed a sale agreement of its
residential long distance telephone business, the company chose to change
its name to NetLojix Communications to better illustrate a focus on
providing single-source enterprise network solutions to corporate
customers. The new URL for the corporate Web site is now www.netlojix.com.
Providing a wealth of communications services, IT support services and
eBusiness services, NetLojix defines an enterprise network solution as the
integration of technology, people and a communications platform to enable
its business customers to achieve their objectives. Simply put, NetLojix
designs, builds and manages the customer's entire network from desktop to
desktop and everything in-between.
"`Few organizations are equipped to operate like our company," stated
Anthony E. Papa, chairman and CEO of AvTel NetLojix Communications.
"`NetLojix creates a single source solution for mid-size businesses where
this level of service did not previously exist."
"`Approximately 60% of our revenue is derived from communications services.
The balance is IT and eBusiness support related. All in, approximately over
80% of our total revenues are monthly recurring under long-term agreements
with business customers. We have a compliment of engineering, project
management and service personnel in each of our top regional offices who
approach our customer's network needs as a technology partner," added Mr.
Papa. "We are in the business of supporting needs and providing solutions.
This is a dramatic shift in both the telecommunications and IT services
industries. As both industries have collided, the fall out is a vast
universe of different products, protocols, services, access medium, etc.
Technology advancements have created new and exciting business tools, but
is has also created a chaotic environment for the typical company. They can
not afford, nor do they have the time to navigate through the endless
options and alternatives to network computing and discounted communications
services. What they do need and are beginning to demand, is a sound,
reliable and complete solution."
NetLojix' portfolio of communications services encompasses a wide variety
of bandwidth options including dedicated DS-1 and DS-3 voice and data
connectivity, Frame Relay, xDSL, ISDN as well as dedicated and dial-up
Internet access. The company offers both singular and hybrid bandwidth
solutions for WAN deployment.
The company's IT support services range from comprehensive in-house or
outsourced technical help desks, system installation and service, IT
professional services and systems integration.
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Along with providing the connectivity, NetLojix also designs, builds and
manages the entire enterprise network.
NetLojix also provides numerous eBusiness services that include application
development for mid to large-scale Web sites, e-commerce, multimedia,
Intranet/Extranet applications and legacy system integration. The company
also offers secure and monitored application hosting and server management,
as well as e-mail and remote access solutions.
NetLojix Communications, Inc. is a single-source provider of Enterprise
Network Solutions integrating data, voice and Internet communications
services and IT support. The Company markets and sells a broad range of
advanced network services including network design, installation,
management and service; eBusiness solutions; and remote network monitoring.
The Company provides a host of bandwidth services including dedicated voice
and data connectivity, frame relay, ADSL, ISDN, as well as dedicated and
dial-up Internet access through more than 700 points-of-presence (POPs).
For further information, please visit the Company's Web site at
www.netlojix.com.
All statements in this news release other than statements of historical
fact are forward-looking statements that involve substantial risks and
uncertainties. Reference is made to the AvTel Communications, Inc. Annual
Report on Form 10-K and 10-K/A for the year ended Dec. 31, 1998, and to the
Company's other reports filed with the Securities and Exchange Commission
for a discussion of such risks and uncertainties and other factors that may
have material effect on the Company's business.
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Contact:
NetLojix Communications Inc.
Todd Greene, 805/884-6300
[email protected]
Mary McCarthy, 714/914-5495
[email protected]
