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: January 30, 1998
XIONICS DOCUMENT TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-20777 04-3186685
(State or other jurisdiction of (Commission File No.) (I.R.S. Employer
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 January 20, 1998, Xionics Document Technologies, Inc. announced the
resignation of Robert E. Gilkes as Chairman of the Board of Directors and
as a director, and the appointment of Paul R. Low as Chairman of the Board of
Directors.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99 Xionics Document Technologies, Inc. press release dated
January 20, 1998, announcing the resignation of Robert E.
Gilkes as Chairman of the Board of Directors and as a
director, and the appointment of Paul R. Low as Chairman of
the Board of Directors.
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/ Gerard T. Feeney
Gerard T. Feeney
Vice President,
Treasurer and Chief Financial Officer
Dated: January 30, 1998
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XIONICS
Document Technologies
PRESS RELEASE
Peter J Simone
President and CEO
Xionics Document Technologies, Inc.
(617) 229-7000
ROBERT E. GILKES RESIGNS AS CHAIRMAN
OF XIONICS DOCUMENT TECHNOLOGIES., INC.
BURLINGTON, MASS. - JANUARY 20,1998 - Xionics Document Technologies, Inc.
(NASDAQ:XION) today announced that Robert E. Gilkes has resigned as Chairman of
the Board of Directors and as a director. Mr. Gilkes had served as a director
of the Company since November 1994, and as Chairman since April 1996. He also
served as President and Chief Executive Officer of the Company from January
1995 -until April 1997, and as Chief Executive Officer until October 1997. Mr.
Gilkes is expected to continue as a consultant to the Board of Directors at
least through the Company's 1999 fiscal year.
"Bob Gilkes' extraordinary vision and dedication have contributed enormously to
Xionics over the past three years," said Peter J. Simone, President and Chief
Executive Officer. "The Board of Directors joins me in expressing our gratitude
for his exemplary service to the Company."
The role of Chairman has been assumed by Paul R. Low, who has served as a
director of the Company since October 1995. Dr. Low is a former Vice President
and General Manager of IBM Microeleotronics and former member of IBM's
Management Board.
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 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 documcat imaging applications. The
Company's corporate headquarters is based in Burlington, Massachusetts, with
offices in San Jose, California, Japan, Germany and the United Kingdom.
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.
