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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): January 22, 1998
ECOMAT, INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-21613 13-3865026
(State of incorporation) (Commission (I.R.S. employer
file number) identification number)
147 Palmer Avenue
Mamaroneck, New York 10543-3632
(Address of principal executive offices) (Zip code)
Registrant's Telephone Number,
Including Area Code: (914) 777-3600
The Exhibit Index is on Page 4
Page 1 of 5 Pages
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ITEM 5. OTHER MATTERS.
Resignation of President
A copy of the press release dated January 22, 1998 relating to
the resignation of Diane Weiser as President and Chief Executive Officer of
the Registrant and certain other matters is attached hereto as Exhibit A and
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Press Release dated January 22, 1998
Page 2 of 5 Pages
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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 duly authorized.
ECOMAT, INC.
By:/s/ ASTRID HINDEMITH
___________________________________________
Astrid Hindemith
President and Chief Executive Officer
Dated: February 5, 1998
Page 3 of 5 Pages
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INDEX OF EXHIBITS
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Page of this
Exhibit No. Description Report
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A Press Release dated January 22, 1998 5
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Page 4 of 5 Pages
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Contact: Astrid Hindsmith
Ecomat, Inc.
147 Palmer Avenue
Mamaroneck, NY 10543
(914) 777 3600
PRESS RELEASE
MANARONECK, NY, January 22, 1998 - Ecomat, Inc. (Nasdaq: ECMT) announced today
that Diane Weiser has resigned as President and Chief Executive Officer of the
Company effective immediately. The Company's Board of Directors has appointed a
Special Committee to make appropriate recommendations concerning the appointment
of new executive officers, management of the Company's business and continued
development of the Company's business plan.
Ecomat is the first cleaners and laundromat franchisor to offer total garment
care using no toxic chemicals while it is energy-and water-saving.
Certain information contained in this press release is forward-looking. Actual
results might differ materially from the forward-looking statements contained in
this press release. Important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements are changes
in the development schedule or the number of facilities to be opened pursuant to
the master franchise agreement and the default by the master franchisee of his
obligations under the master franchise agreement.
Page 5 of 5 Pages
