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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
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Date of Report (Date of earliest event reported): Commission File Number:
JANUARY 8, 1998 0-21213
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LCC INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 54-1807038
(State or other jurisdiction (IRS Employer
of incorporation) Identification Number)
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7925 JONES BRANCH DRIVE
MCLEAN, VIRGINIA 22102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(703) 873-2000
(Former name or former address, if changed since last report)
NOT APPLICABLE
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LCC INTERNATIONAL, INC.
ITEM 5 OTHER EVENTS
On January 8, 1998, LCC International, Inc. ("LCC") issued a press
release announcing the resignation of Piyush Sodha as its President and Chief
Executive Officer and as a member of its Board of Directors. Richard Hozik,
LCC's Senior Vice President and Chief Financial Officer, will assume the role of
acting president and chief executive officer until a successor can be named.
Enclosed as Exhibit A to this Current Report on Form 8-K and incorporated herein
by reference is the text of the January 8, 1998 press release.
ITEM 7 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(c) Exhibits.
A. Press Release, dated January 8, 1998, regarding the resignation
of Mr. Sodha as President and Chief Executive Officer of LCC.
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SIGNATURE
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.
LCC INTERNATIONAL, INC.
Date: January 9, 1998 By: /s/ Richard Hozik
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Richard Hozik
Senior Vice President and Chief
Financial Officer
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EXHIBIT INDEX
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Exhibit Description Page
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A Press Release dated January 8, 1998
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EXHIBIT A
FOR IMMEDIATE RELEASE Contact: Tricia Drennan
Director of Corporate Communications
and Investor Relations
(703) 873-2390 (phone)
(703) 873-2300 (fax)
[email protected]
LCC INTERNATIONAL, INC. ANNOUNCES SEARCH FOR
NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER
MCLEAN, VIRGINIA, January 8, 1998 - LCC International, Inc. (NASDAQ: LCCI), one
of the world's largest providers of radio frequency engineering and network
implementation services and products to the international wireless
telecommunications industry, today announced the resignation of Piyush Sodha,
president, chief executive officer and a member of LCC's board of directors.
Richard Hozik, LCC's senior vice president and chief financial officer, will
assume the role of acting president and chief executive officer until a
successor can be named.
Rajendra Singh, LCC's founder and chairman of the board commented, "An external
search for a new president and CEO is already underway and is being conducted by
Heidrick & Struggles. Several leading candidates have been identified and we
hope to make an announcement in the near future. In the interim, the board of
directors and I have full confidence in Rich's ability to manage the business."
Singh continued, "We expect to find a new president and CEO who has the
background to aggressively pursue our strategy of leveraging the Company's core
competencies and customer base into new lines of business while bringing LCC
into its next stage of development."
LCC International, Inc. (http://www.lcc.com) is one of the world's largest
providers of radio frequency engineering, network implementation and
optimization services and products to the international wireless
telecommunications industry. Headquartered just outside Washington, D.C. in
McLean, Virginia with regional headquarters in Skarer, Norway, Sao Paulo,
Brazil, and Singapore, the company has provided services and products for more
than 200 wireless networks in more than 40 countries worldwide.
This press release may contain forward-looking statements or implications that
are subject to risks and uncertainties. Actual results or performance could
differ
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materially from those expressed or implied by such forward-looking statements as
a result of risks and uncertainties including changes adversely impacting demand
for LCC's products and services, risks from competition, rapid technological
change and those described from time to time in LCC's reports to the U. S.
Securities and Exchange Commission, including its Registration Statement on Form
S-1 effective September 24, 1996, its Annual Report on Form 10-K, its Quarterly
Reports on Form 10-Q, news releases and other communications.
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