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
XIONICS DOCUMENT TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-20777 04-3186695
(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NO.) (I.R.S. EMPLOYEE
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
70 BLANCHARD ROAD 01803
BURLINGTON, MASSACHUSETTS (ZIP CODE)
(ADDRESS OF PRINCIPAL
EXECUTIVE OFFICES)
(781) 229-7000
(REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE)
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Item 5. Other Events.
On October 21, 1997, Xionics Document Technologies, Inc. announced the
appointment of Peter J. Simone as Chief Executive Officer, the resignation of
Robert E. Gilkes as Chief Executive Officer, and certain other management
promotions.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99 Xionics Document Technologies, Inc. press release
dated October 21, 1997, announcing the appointment of
Peter J. Simone as Chief Executive Officer, the
resignation of Robert E. Gilkes as Chief Executive
Officer, and certain other management promotions.
SIGNATURES
Pursuant to the requiremmts 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.
Xionics Document Technologies, Inc.
November 3, 1997 /s/ Peter J. Simone
Peter J. Simone
President and Chief Executive Officer
November 3, 1997 /s/ Gerard T. Feeney
Gerard T. Feeney
Vice President, Treasurer and
Chief Financial Officer
PRESS RELEASE
XIONICS
Robert Gilkes
Chairman
Xionics Document Technologies, Inc.
(617) 229-7000
Xionics Document Technologies, Inc. Announces
Senior Management Promotions
BURLINGTON, MASS. - OCTOBER 21,1997 - Robert Gilkes, Chairman of the Board of
Xionics Document Technologies, Inc. (NASDAQ:XION), today announced the
following senior management promotions. Peter Simone, currently President and
Chief Operating Office is appointed Chief Executive Officer and will retain the
post of President. Rosemary Grande, currently Senior Vice President - Strategic
Accounts, assumes the post of Chief Operating Officer. Edward Mallen, currently
Vice President - World Wide Sales, is promoted to Executive Vice President -
Sales and Marketing. Frank Monaco, currently Vice President - Research and
Development, is promoted to Senior Vice President and Chief Technical Officer.
Mr. Gilkes, who became a director of the Company in November 1994, assumed the
roles of CEO and President in January 1995, and became Chairman in April 1996,
commented: "The senior management at Xionics will be strengthened by these
appointments which creates a team with uniquely wide industry experience and
proven track records of management success. I am particularly happy that my
tenure as Chief Executive Officer has enabled the creation of this team which I
believe has the talent and know-how to build upon the past three years of rapid
growth. As Chairman I will continue to serve as part of this team, focusing
upon our strategy for growth and on the relationships with our partners and
major customers."
Peter Simone has served as President and Chief Operating Officer of the Company
since April 1997. From December 1992 until December 1996 Mr. Simone served as
Group Vice President of Simplex Time Recorder Company, a manufacturer and
supplier of hardware and software based systems for workforce management,
building life safety, and security. From February 1975 until November 1992 he
held several executive positions, including Chief Operating Officer and Chief
Executive Officer, at GCA Corporation, a semiconductor equipment company. Mr.
Simone is a director of Cymer Inc., and a director and member of the Executive
Council of the Massachusetts High Technology Council. Mr. Simone has over 27
years of experience in the high technology industry.
Rosemary Grande has served as Senior Vice President-Strategic Accounts since
January 1997. She served as Vice President-Product Development of the Company
from July 1995 until January 1997. From November 1994 until June 1995, she
served as General Manager of the Company's printer software division. From
August 1993 until November 1994, Ms. Grande served as General Manager of the
Peripherals Division of Phoenix Technologies Ltd. and from April 1992 until
July 1993 she served as Senior Director of Marketing at Phoenix. Ms. Grande has
over 16 years of experience in the high technology industry.
Edward Mallen has served as Vice President - Worldwide Sales of the Company
since July 1995. From August 1993 until November 1994, he served as Vice
President-Imaging Sales and from November 1994 until June 1995 as General
Manager-Imaging. From August 1991 until August 1993, Mr. Mallen served as
Vice President of Software Products at Xerox Imaging Systems, a manufacturer of
optical character recognition hardware and software products. Mr. Mallen has
over 21 years of experience in the high technology industry.
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Frank Monaco has served as Vice President - Research and Development of the
Company since January 1996. From November 1994 until January 1996, he served as
Vice President-Engineering of the Company. From November 1988 until November
1994, Mr. Monaco served as Senior Director of Engineering of the Peripherals
Division of Phoenix. Mr. Monaco has over 23 years of experience in the high
technology industry.
Xionics is a leading developer of innovative silicon and software for printing,
scanning, copying, processing and transmitting documents to computer
Peripherals. Xionics partners with the industry's leading original equipment
manufacturers (OEMs), including Hewlett-Packard, IBM, Ricoh, Xerox, Canon,
Seiko Epson and Sharp, to develop peripherals that provide the performance,
output quality and network connectivity for today's office computing market.
Xionics also markets, through a worldwide distribution channel, board-level
image printing, scanning and viewing acceleration products for production
document imaging applications. The company's corporate headquarters is based in
Burlington, Massachusetts, with offices in San Jose, California, Japan,
Germany and the United Kingdom.
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Statements contained herein which are not historical facts are forward-looking
statements subject to risks and uncertainties as discussed more fully in
Xionics' filings with the SEC, including its Annual Report on Form 10-K dated
September 29, 1997, and its Final Prospectus dated September 26, 1996.
Xionics is a registered trademark Of Xionics Document Technologies, Inc.
and/or its subsidiaries.
