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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
Date of Report (Date of earliest event reported): February 26, 1998
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INTERNATIONAL COMPUTEX, INC.
(Exact name of registrant as specified in its charter)
Georgia 1-12909 58-1938206
(State or other jurisdiction of (Commission (I.R.S.Employer
incorporation or organization) File Number) Identification No.)
5500 Interstate North Parkway, Suite 507
Atlanta, Georgia 30328-4662
(Address of principal executive offices, including Zip Code)
770/953-1464
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Exhibit Index on Page 3
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Item 5. Other Events.
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See description of event in the press release dated February 26, 1998,
attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits:
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99.1 Press Release dated February 26, 1998.
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.
INTERNATIONAL COMPUTEX, INC.
(Registrant)
Date: 2-26-98 By: /s/ Ralph E. Walter
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Name and Title: Ralph E. Walter
Chief Financial Officer
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EXHIBIT INDEX
Description Page
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99.1 Press Release dated February 26, 1998 4
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INTERNATIONAL COMPUTEX PRESS RELEASE - ASPECT LITIGATION
FEBRUARY 26, 1998
EXHIBIT 99.1
INTERNATIONAL COMPUTEX ANNOUNCES COURT RULING REGARDING ASPECT LITIGATION
Atlanta GA - February 26, 1998 / PR Newswire /
Emil Dahan, Chief Executive Officer of International CompuTex, Inc.
(NASDAQ:ICIQ) (ICI), announced today a Court ruling in a case brought against
ICI and one of its employees, R. Steven Norwood, by Aspect Development, Inc. and
its newly purchased subsidiary, Cadis, Inc., in the United States District Court
for the Northern District of California. This action alleges that Mr. Norwood
breached alleged fiduciary and contractual obligations to his former employer,
Cadis, in performing his duties as Vice President of Sales of ICI, and that ICI
and Norwood have used Cadis or Aspect trade secrets (in the form of alleged
customer lists) and interfered with Aspect's business. In the Court's February
19, 1998 Order, the Court refused to adopt the broad relief sought by Aspect,
which would have precluded ICI from doing business with customers or potential
customers of Aspect or Cadis named on the alleged customer lists, without
exception. The actual Order did preliminarily enjoin ICI and Norwood, until
April 15, 1998, from using specified Aspect and Cadis trade secrets and
soliciting customers on those lists, but permitted ICI to contact prospective
customers, even if present on those lists, if at least one of the specified
conditions is satisfied, including customers that were also prior or potential
customers of ICI or introduced to ICI by one of its strategic marketing partners
or other third party.
Mr. Dahan reported that, "from the outset of this litigation, ICI and Mr.
Norwood have flatly denied that they have or have used any confidential
information of Aspect or Cadis. It is clear that this action is nothing more
than an attempt by an entrenched monopolist to protect its market position from
competition by a smaller company with superior technology, by subjecting ICI to
substantial legal expenses and legal harassment. It is unfortunately too common
in the United States that a competitor which feels threatened in the marketplace
tries to use the courts as a substitute for better technology. Our customers
repeatedly tell us that they are glad to have a choice in CSM software other
than Aspect, particularly because of ICI's superior functionality, ease of
installation and use and the open nature of ICI's solution."
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INTERNATIONAL COMPUTEX PRESS RELEASE - ASPECT LITIGATION
FEBRUARY 26, 1998
Mr. Dahan continued that "we are pleased that the court rejected the
overbroad attempt by Aspect to completely prevent competition by ICI, and that
the court's order permits ICI to make sales to customers preferring our product
who approach ICI, with which ICI has a prior relationship, or which are referred
to ICI by third parties, including its strategic marketing partners, Information
Handling Services (IHS) and IBM."
International CompuTex is a software technology company that develops,
markets and supports enterprise-wide client/server solutions and provides
consulting and implementation services for the engineering and manufacturing
industries. ICI specializes in helping companies improve their competitiveness
and profitability through the application of Component and Supplier Management
(CSM) technology with its ItemQuest product and related services. The Company,
with offices in Atlanta and Charlotte, completed its initial public offering of
common stock in May 1997.
This press release relates to pending litigation. As with any substantial
litigation, there can be no assurance that the outcome of this case will be
favorable to the Company, or that it will not have a material adverse impact on
the business, operations and financial condition of the Company, resulting from
an adverse decision, the expense of pursuing the litigation and diversion of
management attention.
Contact Person:
Ralph Walter
Chief Financial Officer
Phone 770-240-2304
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