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: April 15, 1998
XIONICS DOCUMENT TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20777 04-3186685
(State or other jurisdiction Commission File No.) (I.R.S. Employer
of incorporation or organization) Identification No.)
70 Blanchard Road
Burlington, Massachusetts
(Address of principal executive officers) 01803
(Zip Code)
(781) 229-7000
(Registrant's telephone number,
including area code)
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Item 5. Other Events.
On April 7, 1998, Xionics Document Technologies, Inc. announced the
resignation of Gerard T. Feeney as Vice President - Finance, Chief Financial
Officer and Treasurer, and the appointment of Robert L. Lentz as Senior Vice
President - Finance and Administration, Chief Financial Officer and Treasurer.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99 Xionics Document Technologies, Inc. press release dated
April 7, 1998, announcing the resignation of Gerard T.
Feeney as Vice President - Finance, Chief Financial
Officer and Treasurer, and the appointment of Robert L.
Lentz as Senior Vice President - Finance and
Administration, Chief Financial Officer and Treasurer.
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, thereunto duly authorized.
Xionics Document Technologies, Inc.
/s/ Peter J. Simone
Peter J. Simone
President and Chief Executive Officer
/s/ Robert L. Lentz
Robert L. Lentz
Senior Vice President, Treasurer and
Chief Financial Officer
Dated: April 7, 1998
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PRESS RELEASE
Peter J. Simone
President and CEO
Xionics Document Technologies, Inc.
(781) 229-7000
ROBERT L. LENTZ NAMED SENIOR VICE PRESIDENT,
FINANCE AND ADMINISTRATION AND CFO OF
XIONICS DOCUMENT TECHNOLOGIES, INC.
BURLINGTON, MASS - April 7, 1988 - Xionics Document Technologies, Inc.
(NASDAQ:XION) today announced that Robert L. Lentz has been named Senior Vice
President, Finance and Administration and CFO. In this role he will have
responsibility for all financial, legal human resources, MIS and administrative
functions within the Company. The Company also announced that Gerard T. Feeney
has resigned as Vice President and CFO.
"Bob brings an extraordinary background in both financial and operating roles
in technology companies, most recently as vice president for NewsEdge
Corporation," said Peter J. Simone, President and Chief Executive Officer. "I
am pleased to have Bob join the management team and be able to capitalize on
his experiences in achieving our goals for future growth.
Prior to joining Xionics, Bob was Vice President of Corporate Development for
NewsEdge Corporation (NASDAQ:NEWS), the company formed by the merger of
Individual, Inc. and Desktop Data Corp. both providers of business news and
current awareness solutions for corporations. Prior to the merger, Bob was the
Senior Vice President of Finance and Administration and CFO at Individual, Inc.
In this role he was also responsible for Individuals' corporate development
activities which included a program of acquisitions and joint ventures targeted
toward market expansion. Bob's experience includes senior operating and
financial roles with Teloquent Communications Corp., Appex Corporation, EDS
Corporation after its acquisition of Appex, Alliant Computer Systems, Raster
Technologies, GCA and Ernst and Young.
Xionics Document Technologies, Inc. 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 manufacture (OEMs), including
Hewlett-Packard, IBM, Ricoh, Mita, Xerox, Canon, Seiko Epson and Sharp, to
develop peripherals that provide the performance, output quality and
network connectivity for today's office computing market.
<PAGE>
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, Mass., with offices in San Jose, Calif., 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
Xionic's 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.
