RWD TECHNOLOGIES INC
8-K, 1999-12-10
BUSINESS SERVICES, NEC
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                            _______________________

                                    FORM 8-K

                                CURRENT REPORT
                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934


                               December 10, 1999

                                 Date of Report
                       (Date of earliest event reported)

                             RWD TECHNOLOGIES, INC.
                             ----------------------
               (Exact Name of Registrant as Specified in Charter)


<TABLE>
<S>                                                  <C>                           <C>
               Maryland                                         0-22145                         52-1552720
               --------                                         -------                         ----------
(State or Other Jurisdiction of Incorporation)          (Commission File Number)     (IRS Employer Identification No.)
</TABLE>

            10480 Little Patuxent Parkway, Columbia, Maryland 21044
            -------------------------------------------------------
               (Address of Principal Executive Offices)  (ZIP Code)


       Registrant's telephone number, including area code: (410) 730-4377
                                                           --------------
<PAGE>

Item 5.  Other Events.

ANNOUNCEMENT OF RESIGNATION OF CHIEF FINANCIAL OFFICER

       On December 9, 1999, RWD Technologies, Inc. announed in a press release
the resignation of Ronald E. Holtz as its Chief Financial Officer. Mr. Holtz
also resigned his responsibilities as a Vice President, Secretary, and a
Director of the Corporation.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

         (c)  Exhibits.
              --------

              99.1  Press Release
<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 hereunto duly authorized.


                                          RWD TECHNOLOGIES, INC.

Date: December 10, 1999                   By: /s/ Robert W. Deutsch
                                              --------------------------
                                              Robert W. Deutsch
                                              Chairman of the Board and
                                                Chief Executive Officer
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                                 EXHIBIT INDEX

Exhibit Number   Description
- --------------   -----------

  99.1           Press Release

<PAGE>

                [RWD Technologies/TM/ Letterhead Appears Here]


NEWS                                               FORM 8-K EXHIBIT 99
FOR IMMEDIATE RELEASE

                                                   Contact: Mac MacLure
                                                   General Counsel
                                                   888.RWD.TECH, extension 4275
                                                   [email protected]


                   RWD Technologies Announces the Resignation
                           of Chief Financial Officer

     Columbia, Md., December 9, 1999 - RWD Technologies, Inc., (NASDAQ: RWDT)
announced today that Ronald E. Holtz, its Chief Financial Officer, has resigned
to pursue other opportunities. Mr. Holtz also resigned his responsibilities as a
Vice President, Secretary, and a Director of the Corporation. Dr. Robert W.
Deutsch, Chairman and CEO, will be acting CFO while a replacement is being
sought.

     Dr. Deutsch stated, "Ron Holtz made an important contribution to RWD
Technologies in preparing for our successful IPO and in working with our
investors. We wish him well as he pursues another entrepreneurial opportunity."


About RWD Technologies, Inc.

     RWD Technologies, Inc., is a professional services company with
headquarters in Columbia, Maryland, that provides a broad range of technology
solutions to the business problems confronting Fortune 500 companies. The
Corporation has four operational segments: Internet Technologies and Software
Integration, Automotive Manufacturing and Support Services, Enterprise Systems
Implementation Services, and Enterprise Learning Solutions. Established in 1988,
RWD has more than 1,100 employees providing services that increase productivity
and reduce operating costs for companies in over 20 industries. Information
about RWD can be found at the Corporation's World Wide Web site, www.rwd.com.
                                                                 -----------

     Copyright (C) 1999. RWD and RWD Technologies, Inc. are registered
trademarks and RWD Technologies is a trademark of RWD Technologies, Inc.

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