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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: April 9, 1999
Leapnet, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-20835 36-4079500
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(State or Other Jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
22 West Hubbard Street, Chicago, Illinois 60610
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (312) 494-0300
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Item 5. Other Events.
On April 22, 1999, the Registrant issued the press release attached as Exhibit
99.1 to announce its name change. The information contained in the press release
is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma
Financial Information and Exhibits.
(c) Exhibits
99.1 Press Release dated April 22, 1999.
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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 hereunto duly authorized.
LEAPNET, INC.
Dated: April 22, 1999 By: /s/ Robert C. Bramlette
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Robert C. Bramlette
Chief Legal Officer
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EXHIBIT INDEX
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Exhibit No. Exhibit
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99.1 Press Release dated April 22, 1999.
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[LEAPNET LOGO]
FOR IMMEDIATE RELEASE
THE LEAP GROUP CHANGES ITS NAME TO LEAPNET
CHICAGO, April 22, 1999--The Leap Group, Inc., (Nasdaq: LEAP) announced that it
has changed its corporate name to Leapnet, Inc., effective immediately. The name
change was effected through the merger of The Leap Group, Inc. with and into
Leapnet, Inc., a newly created, wholly owned subsidiary of The Leap Group, Inc.
Due to the change, the stock symbol will be listed for 20 trading days as
"LEAPD," after which it will revert to the original symbol, "LEAP."
The name change more accurately reflects the nature and future of the
company's Internet advertising and development business.
"We are directing resources toward Internet-revenue growth and are pursuing
Internet-related acquisitions. Our new name more accurately reflects that
strategic direction and underscores our commitment to growing our Internet
business," said Frederick A. Smith, Chairman and CEO of Leapnet, Inc.
Leapnet, Inc. develops creative and technology solutions for the wired
world by combining expertise in Internet advertising and development, global
marketing communications and traditional brand advertising, (Nasdaq: LEAP). Its
subsidiaries are Quantum Leap Communications, The Leap Partnership and YAR
Communications, acquired in April 1997. Headquartered in Chicago, the company
has offices in New York, Los Angeles and San Francisco. More information on
Leapnet can be found at http://www.leapnet.com.
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-more-
> WWW.LEAPNET.COM
22 WEST HUBBARD STREET > 312-494-0300
CHICAGO, ILLINOIS 60610 -475-1267
NASDAQ: LEAP
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Leapnet
Add One
This press release contains forward-looking statements (within the meaning of
the Private Securities Litigation Reform Act of 1995) that involve risks and
uncertainties. A number of important factors could cause the Company's actual
results, performance or achievements for fiscal 1999 and beyond to differ
materially from that expressed in such forward-looking statements. These factors
are set forth in the Company's fillings with the Securities and Exchange
Commission and include, without limitation, material changes in economic
conditions in the markets served by the Company's clients, competition in the
Company's industry, uncertainties, relating to the developing market for new
media, changing technologies, seasonality and the Company's dependence on key
clients and projects and key personnel. Loss of a key client or a significant
reduction in business from a key client could have a significant adverse effect
on the Company's business and results of operations.
Contact: Beth Pastor
Leapnet, Inc.
312-475-1254
[email protected]
