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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 14, 1997
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Date of Report
(Date of Earliest Event Reported)
INFOCURE CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 001-12799 58-2271614
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(State of Other Jurisdiction (Commission File Number) (IRS Employee
of Incorporation) Identification Number)
2970 Clairmont Road, Suite 950, Atlanta, Georgia 30329
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(Address of Principal Executive Offices)
(404) 633-0046
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(Registrant's Telephone Number
Including Area Code)
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Item 5. Other Events.
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The Registrant issued the following press release on August 14, 1997:
"InfoCure Corporation (AMEX: INC) announced today that it has reached an
agreement in principle to acquire Commercial Computers, Inc. for a
combination of cash and stock. Commercial Computers, Inc. is
headquartered in Miami, Florida and markets Unix and Windows based
practice management systems to mid-size medical practices and clinics."
"The synergy with InfoCure is a benefit to both our customers and
employees. As InfoCure, our customers will receive access to a stream of
new technologies and our employees will have the growth potential within
a larger organization," said Harvey Willensky, President and founder of
Commercial Computers, Inc. Jim Price, Executive Vice President of
InfoCure stated that, "With over 200 practices and clinics in south
Florida, this acquisition enhances InfoCure"s strategy of continued
expansion into important healthcare markets."
Mr. Price also stated that InfoCure's previously reported agreement in
principle with SoftEasy Software, Inc. is proceeding toward
consummation. SoftEasy, based in Conshohocken, Pennsylvania, is the
country's second largest provider of practice management software for
podiatrists behind InfoCure's DR Software subsidiary, the market leader.
Both the Commercial Computer and SoftEasy acquisitions are expected to
close by September 30, 1997. Commercial Computers and SoftEasy had
revenues of $1.7 million and $1.0 million, respectively during fiscal
1996. Commercial Computers and SoftEasy provide practice management
systems for over 1,500 individual healthcare providers.
Each acquisition is subject to the negotiation and execution of a
definitive agreement and financing acceptable to InfoCure.
InfoCure Corporation develops, markets and supports practice management
software products and related services for healthcare practices of
varying size and specialty, including multi-provider Management Service
Organizations (MSOs), Independent Physician Alliances (IPAs) and solo
practitioners. InfoCure has an installed customer base of approximately
17,000 healthcare providers which practice at over 6,000 client sites".
SIGNATURES
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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.
INFOCURE CORPORATION
By: /s/ Frederick L. Fine
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Frederick L. Fine, President
Date: August 27, 1997
