SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 10, 1997
GENTIA SOFTWARE PLC
(Exact name of Registrant as specified in its Charter)
GENTIA SOFTWARE PLC
Tuition House
St George's Road
Wimbledon
London SW19 4EU
United Kingdom
(Address of principal executive offices)
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Item 5. Other Events
On September 10, 1997 Gentia Software underwent some management
changes. Attached as Exhibit 99.1 is a press release outlining these changes.
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GENTIA SOFTWARE PLC
SIGNATURE
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 thereunto duly authorized.
GENTIA SOFTWARE PLC
/s/ Anthony Fox
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Anthony Fox
Chief Financial Officer.
Date: September 10, 1997
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GENTIA SOFTWARE
Tuition House, St. George's Road
Wimbledon
London SW19 4EU
(Nasdaq: GNTIY)
AT THE COMPANY: AT THE FINANCIAL RELATIONS BOARD:
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Tony Fox For Analyst Info: Julie Creed (312) 640-6724
Chief Financial Officer For General Info: Jerry Meyer (212) 661-8030
011-44-181-971-4000 For Media Info: Alicia Nieva-Woodgate (212) 661-8030
FOR IMMEDIATE RELEASE:
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September 10, 1997
GENTIA SOFTWARE NAMES NEW CFO;
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TWO VICE PRESIDENTS JOIN BOARD OF DIRECTORS
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LONDON, September 10, 1997 -- Gentia Software (Nasdaq: GNTIY -- formerly
Planning Sciences International), developer of the world's only networked
business intelligence environment for enterprise-wide deployment, today
announced the appointment of a new chief financial officer and the election of
two of its vice presidents to the firm's Board of Directors.
George Sprenkle, 42 years old, will join Gentia as CFO on October 1. He
will succeed Anthony K. Fox, who will leave the company later this month but
will remain on the Board as an outside director.
Sprenkle, who will be based at Gentia's Boston headquarters, developed
a broad international finance background in his 20 years as an executive with
Unisys. Most recently he has served as director of change management.
Joining the Board effective immediately are Paul Martin, Gentia's vice
president of product marketing, and Scott Silk, vice president of worldwide
marketing.
Paul Rolph, Gentia's chairman and chief executive officer, said he was
pleased that, although Mr. Fox is departing to accept an exciting opportunity in
a different industry, he will continue to provide financial direction as a
member of the Board.
Gentia Software, plc.
"Tony's contribution to the development of Gentia has been a
tremendously important one," Mr. Rolph said. "Though we of course regret his
departure from our executive staff, we
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Gentia Software, plc.
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understand his decision to move on to new challenges. We're delighted to have
found and recruited a successor as experienced as George Sprenkle, and we are
delighted that as a member of our Board Tony will continue to be a contributing
member of the Gentia team."
Mr. Rolph noted also that the fact that Gentia's CFO will be based in
the U.S. reflects the importance that the company attaches to the American
market. Though founded in the U.K., Gentia maintains joint headquarters in
London and Boston.
Mr. Rolph said the addition of Messrs. Martin and Silk to the Board was
a reflection of their increasingly important contributions to the company's
development. Gentia recently announced plans to substantially increase spending
on sales and marketing.
Gentia(TM) is the only Business Intelligence Environment designed for
today's networked world. Gentia applications, such as business analysis and
reporting, are deployed using an Open Network Architecture which ensures
delivery of information to the desktops and browsers of key decision makers
throughout an enterprise. Gentia's worldwide client list of over 400 corporate
and public sector organizations includes: Motorola, McDonnell Douglas, Texas
Instruments, Sun Microsystems, Medtronic Corporation, News International,
Barclays Bank, Volvo, Jefferies and Company, Hewlett-Packard, and Reckitt and
Colman.
To receive additional information on Gentia Software, via fax, at no
charge, dial 1-800-PRO-INFO and enter code GNTIY.
Internet users can obtain further information on Gentia Software via
the Gentia Software home page: http://www.gentia.com.
This news release contains statements of a forward-looking nature relating to
the financial performance of Gentia Software. Such statements are based upon the
information available to management at this time, and they necessarily involve
risk because actual results could differ materially from current expectations.
Among the many factors that could cause actual results to differ from those set
forth in the company's forward-looking statements are changes in general
economic conditions, actions taken by customers or competitors, and the receipt
of more or fewer orders than expected.
