UNITED STATES
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
DECEMBER 18, 1998
Date of Report (Date of Earliest Event Reported)
BILLING CONCEPTS CORP.
(Exact name of registrant as specified in its charter)
DELAWARE 0-28536 74-2781950
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
7411 JOHN SMITH DRIVE, SUITE 200
SAN ANTONIO, TEXAS 78229
(Address of principal executive offices) (Zip Code)
(210) 949-7000
(Registrant's Telephone Number, Including Area Code)
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ITEM 5. OTHER EVENTS.
On December 18, 1998, Billing Concepts Corp. ("the Company") consummated the
merger (the "Merger") of Communications Software Consultants, Inc. ("CommSoft")
into a wholly owned subsidiary of the Company in consideration of 2,492,759
shares of the Company's common stock. CommSoft was a privately held,
international software development and consulting firm specializing in the
telecommunications industry. The Merger has been accounted for as a pooling of
interests. For the month ended January 31, 1999, the Company's post-Merger
combined operations resulted in operating revenues and net income of $14,249,000
and $1,566,000, respectively.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
BILLING CONCEPTS CORP.
(Registrant)
Date: February 25, 1999 By: /s/ PARRIS H. HOLMES, JR.
-----------------------------
Parris H. Holmes, Jr.
Chairman of the Board
and Chief Executive Officer
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