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
Date of Report (Date of earliest event reported):
December 28, 1999
Exigent International, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 333-5733 59-3379927
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
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1225 Evans Road
Melbourne, Florida 32904-2314
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:
407-952-7550
<PAGE>
Item 5. Other Events
On December 20, 1999,Exigent International, Inc. announced the appoint-
ment of Gordon J. Comerford to the Company's Board of Directors and other
executive promotions. The text of the press release is attached hereto as
Exhibit 99.
Item 7. Financial Statements and Exhibits
(c) The following documents are furnished as exhibits to this report:
Exhibit Page
Number Description Number
- ------- ----------- ------
99 Press Release of the Registrant, 4
dated December 20, 1999
<PAGE>
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.
Exigent International, Inc.
Dated:
December 28, 1999 By: /s/ B.R. Smedley
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B.R. "Bernie" Smedley, Chief Executive Officer
Exhibit 99
Exigent International Appoints Gordon J. Comerford
To The Company's Board of Directors
And Announces Executive Promotions
MELBOURNE, Fla., Dec. 20/PRNewswire/ - Exigent International, Inc. (Nasdaq:
XGNT; CHX: XNT) announced today the appointment of Gordon J. Comerford to the
Company's Board of Directors.
Gordon J. Comerford recently retired from Motorola, where he had served as a
Senior Vice President since 1989. He joined Motorola's communications sector in
1974 as a Director of Business Management and became a Corporate Vice President
in 1980. Mr. Comerford has served as a Director and Chairman of the Audit
Committee of Iridium LLC from July 1993 until his resignation in October, 1999.
Mr. Comerford also serves as a member of the Board of Directors of Iridium South
America Corporation and Iridium Canada, Inc. Prior to joining Motorola, Mr.
Comerford had been with IBM. He is a graduate of Marquette University, where he
serves on the President's Council, and holds an MBA from the University of
Michigan.
Commenting on the appointment, B.R. "Bernie" Smedley said, "I am very please
that Gordon has joined our Board of Directors. He brings with him an extensive
business and finance background in the telecommunications and space industries.
His financial experience and astute judgment make him a tremendous addition to
Exigent's board during this period of corporate growth and change. Having worked
with him at Motorola for many years as we grew Motorola's communication and
cellular infrastructure business, I know he is up to the challenge."
In addition, Mr. Smedley announced that Jeffery B. Weinress was elected
Executive Vice President and Chief Financial Officer, and that David M. Miller
was elected Vice President of Human Resources. Mr. Weinress and Mr. Miller both
joined Exigent in 1998 and have been CFO and Human Resources Director,
respectively.
"I am pleased that the directors agreed with the election of Jeffery Weinress as
an Executive Vice President," said Mr. Smedley. "Exigent has benefited from his
years of financial experience and demonstrated leadership abilities as we've
stepped up our acquisition activities, initiated our IT division, and prepared
our business plan for the Year 2000. The appointment of David Miller as Vice
President of Human Resources reinforces our commitment to recruit, train,
promote, and retain exceptional people at all levels of the organization and
recognizes David for the many contributions he had made in this area."
Exigent International, Inc. (www.xgnt.com) is a publicly traded holding company,
formed in 1996 to capitalize on emerging high-technology opportunities. World
headquarters are in Melbourne, Florida. Other Exigent sites include Washington,
D.C., Alexandria and Chantilly VA, Gaithersburg and La Plata MD, Charlotte NC,
Stennis Space Center MS, Denver, Boulder and Colorado Springs CO, and Mesa AZ.
Exigent's operating subsidiaries are: Software Technology, Inc. (STI),
specializing in command and control solutions. STI's flagship software product
OS/COMET(R) controls satellite constellations including the GPS system. Since
1978, STI has enjoyed long-standing relationships with such corporate clients as
Motorola, Lockheed-Martin, Loral, GE Astrospace, and Harris Corporation, and
with government agencies that include NASA, the USAF, and the U.S. Navy's Naval
Research Laboratory (see www.sticomet.com). GEC North America, a systems
integrator of Oracle-based solutions serving large and medium-sized clients in
manufacturing, distribution and general business industries (see www.gecna.com).
Middleware Solutions, Inc. (M/Ware), developer of the ActiveM (TM) Active
Messaging System (see www.mware.com). FotoTag, Inc., developer of the FotoTag(R)
system. This innovative unit develops advanced systems that track location and
movement of people, baggage, and products (see www.fototag.com).
For financial information and investor relations, contact Exigent's CFO, Jeffery
Weinress ([email protected]). For general information, contact Exigent's Vice
President of Marketing, Dennis Lunder ([email protected]), or use one of these
numbers:
407/952-7550, 888/952-XGNT, 407/676-4510 (Fax)
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
In accordance with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the Company notes that statements in this press
release, and elsewhere, that look forward in time, which include everything
other than historical information, involve risks and uncertainties that may
affect the Company's actual results of operations. The following important
factors, among others that are discussed in company filings with the Securities
and Exchange Commission, could cause actual results to differ materially from
those set forth in the forward-looking statements: certain space-based projects
may never receive project financing; our products may not be accepted by the
market; and we may have difficulty in hiring and retaining key personnel.
Notices
OS/COMET and FotoTag are registered trademarks and ActiveM Active Messaging
System is a trademark of Exigent International, Inc. All other trademarks are
the property of their respective owners.
