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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
Date of Report (Date of earliest event reported) SEPTEMBER 11, 1998
REGISTRY MAGIC INCORPORATED
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(Exact name of registrant as specified in its charter)
FLORIDA 0-24283 65 062 3427
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(State or other jurisdiction (Commission File (IRS Employer
or incorporation) Number) Identification No.)
ONE SOUTH OCEAN BOULEVARD, SUITE 206, BOCA RATON, FLORIDA 33486
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (561) 367-0408
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N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
As previously disclosed, on April 3, 1998, the Company initiated an
action in the Circuit Court for Palm Beach County, Florida against a former
employee of the Company whose employment was terminated at such date. The
defendant had also asserted a counterclaim against the Company and Walt Nawrocki
and Lawrence Cohen, who are members of management and principal shareholders of
the Company. On September 11, 1998, the Company entered into a settlement
agreement with Dr. Roger M. Goldwyn pursuant to which Mr. Goldwyn's employment
and other relationships with the Company were concluded without any further
payment or liability. In addition, shares and options previously issued or
awarded to Dr. Roger M. Goldwyn shall be subject to certain terms and conditions
with respect to disposition of such shares and options.
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.
REGISTRY MAGIC INCORPORATED
By: /s/ Walt Nawrocki
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Walt Nawrocki
President and Chief Executive Officer
DATED: September 29, 1998
